02/02/2009
Irvine's Dublin Party Haunt To Close
A trendy Dublin bar - owned by Co Down-born F1 ace Eddie Irvine - is to close.
It has been revealed that Cocoon bar - a favourite city centre hangout for celebrities and models - is believed to have accumulated substantial financial losses.
The last figures filed by the firm, in 2006, under the name Calview Investments, showed a €1m short fall in revenue.
A €2m loan had also been taken out by the holding company for an associated operation, Frameway Leisure.
Playboy race driver Irvine had been know to fly-in international models and movie stars to party at the Royal Hibernian Way hot-spot.
The Dawson Street venue's manager said: "That's correct", when asked about the decision to close.
(PR/BMcC)
It has been revealed that Cocoon bar - a favourite city centre hangout for celebrities and models - is believed to have accumulated substantial financial losses.
The last figures filed by the firm, in 2006, under the name Calview Investments, showed a €1m short fall in revenue.
A €2m loan had also been taken out by the holding company for an associated operation, Frameway Leisure.
Playboy race driver Irvine had been know to fly-in international models and movie stars to party at the Royal Hibernian Way hot-spot.
The Dawson Street venue's manager said: "That's correct", when asked about the decision to close.
(PR/BMcC)
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