Cork will be final home for Rory Gallagher's guitar, says promoter behind purchase

The guitar sold for £700,000 (€840,000) and a premium placed on the item brought the total to £889,400 (€1.069m)

The Gallagher family have said that proceeds from Thursday’s auction at Bonhams in London will go towards projects to further Rory's legacy and other good causes.

Cork will be the final home for Rory Gallagher’s €1m signature Fender Stratocaster guitar, the man behind its purchase at auction has said.

Promoter Denis Desmond's joint venture with live music giants, Live Nation, Live Nation Gaiety Ltd, bought the guitar at auction on Thursday in London and donated it to the National Museum of Ireland (NMI).