Former Westlife member and bankrupt Shane Filan is to end up empty-handed from a €2.382m windfall that is to be shared among the former band members.

The main entertainment company owned by Westlife recorded a loss last year in spite of extensive touring by the band.

CASH held by the main entertainment company owned by chart-topping boy band Westlife increased five-fold last year to €450,069, new figures show.