The Clare Champion Clare news, sport, entertainment and local notes
THERE was surprise and disappointment on Tuesday as it was announced that The Clare People newspaper had closed, after 14 years in business. It is understood that a meeting of its creditors is due to take place on August 23 at Hotel Woodstock and that the company will nominate Tom Murray of Friel Stafford as liquidator. The company has two directors, Emmet Moloney, a Clarecastle man who edited The Clare People for several years and Dómhnal Slattery, the hugely successful Ennis businessman, who is chief executive of aviation leasing company Avolon. The company last filed accounts covering 2017 and these show that it made a loss of €135,440 for the year. This was worse than 2016, when the loss had been just under €67,000. Liabilities exceeded assets, with the equity attributable to the owners a negative amount, of just over -€1.4 million The accounts showed that a sum of €747,283 was repayable to Mr Slattery, with this figure having increased …
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