U2 members lose out on Belgian hotel deal

About 40 Irish investors in the group have lost 95 per cent of their money a decade after they first invested

26th November, 2017

Irish investors, including members of the rock group U2, have been paid just €2 million out of the €44 million they invested in a chain of nine hotels in Belgium.

About 40 Irish investors in the group have lost 95 per cent of their money a decade after they first invested.

Businessman Darren Whelan, one of the investors in the hotel chain, said: “I am frustrated. I feel we sold too early and that if we had...

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