The funeral cortege of the late Philly Ryan passing through Clonmel on Wednesday afternoon. Picture John D Kelly
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23 Oct 2025
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23 Oct 2025
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Coolmore boss John Magnier has doled out a huge number of his considerable fortune to buy a 67-acre farm bounding the Barne Estate, which he is tangled up in court proceedings over.
It is understood that Magnier has coughed up €2.5 million for Grove Farm which is located in Ballingarrane North, just outside Clonmel.
The incredibly high purchase price finished up being around two and half times the guide price of the property.
In early October, Magnier launched court proceedings aimed at forcing the Barne Estate owners to follow through on what Magnier believes was a binding agreement at €15 million which they apparently agreed by in August.
The Barne Estate's legal team subsequently told the High Court they intended to file a motion to dismiss the case.
The case is set to recommence in the next few weeks with other bidders apparently reported to have agreed terms with the Barne Estate representatives at a price in excess of €20 million with the sale expected to be completed in the next week.
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