ONLY a handful of creditors turned up for a meeting where a sportswear business owned by Dublin hurling manager Anthony Daly was wound up.
And yesterday's meeting at the Pery's Hotel in Limerick -- for suppliers who are owed money by Anthony Daly Sports Limited -- ended a short 30 minutes after it began. The Clare-born hurling legend was also in attendance, and he spoke to the small gathering.
The amount owed by the company to creditors is unknown and it's understood that several listed creditors did not attend the meeting where the company was officially wound up and a liquidator appointed.
After all assets are realised, creditors are paid in accordance with the 1963 Companies Act, meaning employees' PRSI is settled before preferential creditors receive payment and, lastly, unsecured creditors.
Mr Daly -- who won All-Ireland hurling titles with Clare in 1995 and 1997 -- said he did not wish to make any comment as he left the meeting, which began at midday.
Among the half-dozen or so creditors in attendance were two All-Ireland winners, including an old adversary of Mr Daly's from his days on the hurling field. Ben O'Connor, who runs a hurley manufacturing business, played for Cork against Clare shortly before Mr Daly retired from playing. Ronan Curran, of Mycro Sports and who played for Cork against teams managed by Mr Daly, also attended. Mr Daly owes both the ex-hurlers money.
The Clare-based sportswear business was owned by Mr Daly and his wife, Eilis. They ran a well-known sports shop in O'Connell Street, Ennis, Co Clare, that closed recently.
One creditor leaving the meeting, who asked not to be identified, said it was "a very sad day for Anthony".
The businessman added: "It's tough for businesses across the country and Anthony's shop is the latest to feel the effects of the recession.
"He'll bounce back from this, no doubt -- that is the mark of the man.
"We wish him all the best in the future and with Dublin for the season ahead.
"With everything he achieved in Dublin last year, he is already a legend up there," he added.
Mr Daly also owns the Murty Brownes public house in Tullycrine, Co Clare, which he ran from 1999 before leasing the premises out in 2009.
Mr Daly managed the Clare senior hurlers from 2003 until 2007. At the end of 2008, he took charge of the Dublin senior hurling team, leading them last May to their first National Hurling League title in 65 years.