The price Thomas Crosbie Holdings paid Brian Nerney, former chief executive of the Roscommon Herald, for the newspaper in 2004 is to remain a secret at least until Monday.

A claim in court by a former employee of Thomas Crosbie Holdings Ltd (TCH) that the newspaper group was in “a perilous financial position” was challenged in the High Court by the company yesterday.

A HIGH Court decision will be given next week on whether an interlocutory injunction will be granted to a 47-year-old group training manager with a newspaper group who is seeking orders restraining his dismissal and directing he be paid pending a full hearing of the case.