JP may be €3.7m buyer

MULTI-millionaire currency trader, J P McManus, probably best known for his bloodstock interests, is believed to be the purchaser of a large Co Tipperary farm, at Emly, which galloped past its guide price at auction last month.

McManus now lives in Switzerland but regularly returns to Ireland where he often organises golf tournaments and other fundraising events for local charities. He owns more than 100 racehorses, and is one of the major Irish players at Cheltenham this week.

The farm, at Ballynacree, was one of the first large sales announced this year. It was put on the market jointly with Tom Crosse, of GVM Auctioneers and Matthew Ryan of Matthew Ryan and Co.