ACCUMULATED losses at the property development group responsible for the 16-storey Clarion Hotel in Limerick widened to €7.7 million in 2009.

THE loss-making property development group, co-owned by former Irish rugby team manager, Pat Whelan, is in discussions with the National Asset Management Agency (NAMA) about preparing a business plan for the future support of the group.

IRISH rugby star Paul O’Connell is among more than 60 investors pursuing former Irish rugby manager Pat Whelan and Limerick businessman Pat Chesser to recover €13.4m loans provided for a property development at London’s Earls Court.