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U2 members buy out partner company in U2 'world class' visitor centre proposal

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Brasil Últimas Notícias,Brasil Manchetes

U2 firm, MHEC Ltd and businessman Paddy McKillen Snr’s secured planning permission in January 2019 for the U2 visitor centre and exhibition space

A COMPANY CONTROLLED by the members of U2 has bought out its partner firm in the band’s planned “world class” U2 visitor centre and exhibition space for Dublin’s docklands.

The visitor centre is to contain exhibit spaces housing memorabilia from U2’s vast musical history including old guitars, performance outfits and paraphernalia from their past. A note attached to separate 2021 accounts filed for Golden Brook Ltd show that the firm’s bank loan of €1 million and McKillen’s loan of €800,430 to the firm were fully repaid on the acquisition of the business by Not Us Ltd where Bono, The Edge, Adam Clayton and Larry Mullen each have a 25 per cent shareholding.It is not clear if the Golden Brook Ltd purchase ends McKillen’s involvement in the visitor centre project or is only a restructure of the joint venture.

Asked to confirm that it intends to construct and operate the U2 Visitor and Exhibition Space which it secured planning permission for in January 2019, the spokesman declined to comment any further.

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 /  🏆 32. in BR
 

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More Bono.................great.

Please God, no

Sorry cathmartingreen but why should so much city space be given over to these self-promoting business men? Dublin does not need this utter vanity project. This should go the way of the white water rafting centre.

Brasil Últimas Notícias, Brasil Manchetes

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