Jeanie hopes to be kept afloat by Shannon Development

THE fate of the troubled Jeanie Johnston could today hinge on an announcement by Shannon Development.

A decision on whether to be part of a three-pronged, €600,000 rescue package, to which Kerry Group plc and Kerry County Council/Tralee Town Council have already signed up, is due from Shannon Development.

The Kerry Group initiative, described as a final rescue proposal, was agreed by the county council, last month, with both the group and the council each agreeing to put in €200,000.