It has been reported that Dublin GAA club, Parnells, has been wound up with a liquidator appointed.
Before Christmas, the club which has served the parishes of Coolock and Artane for over 130 years, confirmed that their clubhouses and pitches were handed over to the Marist Order, from which it was leasing the land.
Despite selling their original playing fields for a reported figure of €22 million during the Celtic Tiger, which helped to build a lavish clubhouse, Parnells have been beset with financial difficulties in recent years and were ordered to pay a redundancy lump sum to 11 staff members who were not given work after the start of the Covid pandemic.
After documents were lodged with the Companies Registration Office, The Irish Independent are reporting that at a meeting of the Parnell GAA Club Company Limited last week, a resolution was passed that said the club “cannot, by reason of its liabilities, continue its business and that it be wound up voluntarily as a creditors’ voluntary winding up.”
The meeting proposed that Tom O’Brien of Forvis Mazars be appointed as liquidator. He will be tasked with sorting out Parnells’ financial affairs and why it has come to pass that one of the richest GAA clubs in the country has fallen from grace.
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