Paddy Power pay out on Martin as next FF leader

Bookmakers Paddy Power have paid out on Micheál Martin to become the next leader of Fianna Fáil.

The former Foreign Affairs Minister will address party colleagues this evening, along with the other leadership contenders Brian Lenihan, Mary Hanafin and Eamon O Cuiv.

Paddy Power says it has lost 22,000 as a result of its decision today.