Lowry paid agent £250k days after reference retracted

Michael Lowry paid his land agent £250,000 just days after the same property scout separately agreed to retract a reference linking the TD to the controversial Doncaster Rovers project.

The agent, Kevin Phelan, got Stg£248,624 from Mr Lowry on Aug 28, 2002, six months after the date their negotiations were supposed to have had been finalised and settled.

Six days earlier, Mr Phelan received a separate fee of £150,000 on behalf of Denis O’Brien. This was transferred on Aug 22, 2002, after a dispute was resolved between Mr O’Brien and Mr Phelan over the agent’s role in the Doncaster Rovers project.