Billionaire John Magnier and the €15 million property deal that never was
When the owners of the 751-acre Barne Estate in Tipperary put the property on the market in 2023, billionaire businessman John Magnier thought he had struck a deal to buy it for €15 million.
The oral agreement he had reached during a kitchen-table meeting was, as far as he was concerned, binding.
When the owners then sold it to someone else, Magnier went to court in a bid to make the them honour their deal.
What followed was a 19-day court case that revealed the details of the dispute and how determined Magnier was to secure the property.
But why did he go to such lengths? Ronan McGreevy…
The skinny
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