The Irish Independent carried quite a story on Wednesday the 21st of January. The headline by itself spoke volumes "Monaghan Mushrooms chief Wilson takes €11m hit on loan".
Readers interested in the mushroom world must have been open mouthed upon reading that. The article went on to elucidate the numbers involved for Ronnie and other shareholders of the company (includes Enterprise Ireland, venture capital group Enterprise Equity, Bank of Ireland Nominees, NIB Nominees and Mamco (Jersey) - a nominee company owned by Bank of New York). To read the story click on the link: Monaghan Mushrooms chief Wilson takes €11m hit on loan
Big waivers, big operating loss - that's big business. Readers will have to make of it all what they will.
