Mallow park owners fail to disclose asking price

A FORMER equerry to Princess Diana and his brother have still not disclosed how much they want to hand the freehold of Mallow Town Park to the town council.

It is understood that they rejected a previous offer of €500,000 some months ago.

The 24-acre park was leased to the town council by a relative of former equerry Patrick Jephson and his brother, Michael, in 1907. The 99-year-lease ran out on October 31 last but the brothers gave the town council six months’ grace for further negotiations.