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HomeBreaking NewsCouncil says it can't go ahead with Shannon Heritage takeover

Council says it can’t go ahead with Shannon Heritage takeover

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FRUSTRATED at not being given the funding guarantees it says it needs, Clare County Council has released a statement today saying ” it cannot proceed with the proposed takeover of the Clare assets of Shannon Heritage at this time without real and meaningful support from Government.”

As recently as yesterday Clare TD Cathal Crowe told workers that he hoped an agreement on the transfer might be completed by Christmas, and the Council statement today, while ostensibly ruling out the transfer at the moment, also says the local authority “remains open to further engagement on the future management and development of Shannon Heritage assets in County Clare.”

Clare County Council has been looking for funding of around €15 million to take over Bunratty Castle & Folk Park, Craggaunowen Bronze Age Park, Knappogue Castle & Walled Garden, and the Cliffs of Moher Experience retail unit.

In today’s statement, the Council said, “In the comprehensive independent Due Diligence report submitted to government, Clare County Council detailed significant neglect of the sites, the urgent need to halt the deterioration of the assets and the investment required to achieve this. The Local Authority also outlined its vision for overseeing the management, development, and promotion of the Shannon Heritage sites and their incorporation into a portfolio of signature visitor attractions and sites throughout Clare, including the Cliffs of Moher Visitor Experience, Loop Head Lighthouse, Vandeleur Walled Gardens, and Inis Cealtra Visitor Experience (currently under development).”

“Clare County Council has engaged constructively with all parties to the process approaching two years. Despite every effort made and the good faith demonstrated by the Council throughout the process and in the absence of any funding commitment from government and a resolution to outstanding significant elements of the draft legal agreement between the Local Authority and Shannon Airport Group, including the footprint of the site and indemnities at Bunratty Castle & Folk Park, the Local Authority is unable to proceed with the proposed takeover at this time. To do so would have a significant impact on services and commercial businesses in Clare.

“Clare County Council wishes to acknowledge the staff of Shannon Heritage for their cooperation throughout the process and for their ongoing commitment to achieving and delivering a tourism product that delivers significant social and economic benefits for County Clare and the wider Mid-West Region. Bunratty, Craggaunowen and Knappogue are integral to the overall tourism product offering in Clare and Clare County Council will continue to support efforts to ensure their development into the future.”

Owen Ryan has been a journalist with the Clare Champion since 2007, having previously worked with a number of other publications in Limerick, Cork and Galway. His first book will be published in December 2024.

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