Virus crisis kills off McDonagh’s sale of US hospitality empire

The Supermac’s owner says his decision to invest in Claddagh Irish pubs chain was his ‘biggest mistake’ and has cost him €23m

Barry J Whyte

Chief Feature Writer @whytebarry
17th January, 2021
Virus crisis kills off McDonagh’s sale of US hospitality empire
Supermac’s owner Pat McDonagh’s attempt to sell off the remainder of his US hospitality empire was scuppered by the Covid-19 lockdown.

Pat McDonagh, the owner of Supermac’s, has seen the deal he struck to sell off the remainder of his US hospitality empire scuppered by the Covid-19 lockdown restrictions.

McDonagh has described his decision to invest in a chain of American hotels and bars, known as the Claddagh Irish pubs chain, as “my biggest mistake”, eventually costing him €23 million in write-offs.

He told the Business Post last week that he has...

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