Monday January 27, 2020

Man whose Midas touch wore out

On the morning of Thursday, April 29, 1982, 31-year-old property tycoon Patrick Gallagher was summoned to the headquarters of the Northern Bank Finance company in Dublin city centre.

18th March, 2006

On the morning of Thursday, April 29, 1982, 31-year-old property tycoon Patrick Gallagher was summoned to the headquarters of the Northern Bank Finance company in Dublin city centre.

His property group, which he had inherited eight years earlier on the death of his father, Matt, had debts of more than £28 million. A series of high-wire property speculations in Dublin had fallen apart spectacularly, threatening to bring down Gallagher’s massive business empire.

Gallagher and his...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 4 weeks ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago