The iconic pub where The Dubliners were formed and personal favourite of certain members of the Hospitality Ireland team, O'Donoghues on Merrion Row has racked up debts of just over €1.8m in the year to the end of last June.Well-known watering hole O'Donoghue's, beloved of both locals and tourists, stated that it had an operating profit of €280,000 last year. However, the profit and loss account was dragged down by a historic loss. The Merrion Row pub describes itself as probably the best-known traditional Irish music bar in Dublin. Accounts filed with the Companies Office for the year to the end of June 2012 show that amounts falling due to creditors within a year totalled €659,432, while the amounts falling due after a year were €1.15m.According to reports, the vast bulk of the debt allegedly relates to loans, with €203,217 of the sums due within a year relating to bank loans and overdrafts.
O'Donoghue's Debt
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