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The property 'Ronaldo', the investor, and a debt growing by €3,272 a day

Having settled an extraordinary dispute with his brother Hugh, property developer Greg Kavanagh is again in the wars

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Family: Hugh (left)and Greg Kavanagh settled their court dispute on confidential terms in May. Photo: Gerry Mooney

Family: Hugh (left)and Greg Kavanagh settled their court dispute on confidential terms in May. Photo: Gerry Mooney

Family: Hugh (left)and Greg Kavanagh settled their court dispute on confidential terms in May. Photo: Gerry Mooney

It has been an eventful few months for Greg Kavanagh, the self-proclaimed Ronaldo of the Irish property market. No sooner had the dust settled on an extraordinary dispute with his brother Hugh over control of several of their companies, than he has found himself embroiled in yet another high-stakes legal row.

While the clash with his brother involved claims of a physical fight and the alleged unlawful removal of Hugh as a director of 19 companies, the latest dispute sees Mr Kavanagh (35) being chased by an investor for a debt of €6.4m. Papers filed in the High Court say the loan was due to be repaid in 2016.

The meter is still running on the debt. With every day that passes, an additional €3,272 in interest is owed.