Crunch time for Creeslough businesses as Danny Lafferty to retire.

Crunch time for Creeslough businesses as Danny Lafferty to retire.
Creeslough businessman Danny Lafferty says he is “humbled” by the incredible support he has received locally and further afield since news that businesses he owns in the village were in danger of closing.

Creeslough businessman Danny Lafferty says he is “humbled” by the incredible support he has received locally and further afield since news that businesses he owns in the village were in danger of closing.

Mr Lafferty has revealed he will, after 43 years, retire from the businesses this Friday. He says in a statement he will either be handing the keys to the businesses over to the “next generation” or a receiver. The businesses are all located in the village - Lafferty’s Supermarket, the world renowned Corncutter’s Rest and Lafferty Service Station in Creeslough,

In a statement issued on behalf of the ‘Save Our Village’ (SOV) group formed following a public meeting in Creeslough to address the issues, Mr Lafferty indicated his intention to retire. A Scheme of Arrangement has been put in place for creditors and Mr Lafferty thanked

AIB, the Revenue Commissioners, Donegal County Council and all the suppliers “who have been very supportive over the last of number of months”.

The statement adds: “I will be retiring on Friday after 43 years in business. I will be either handing the keys over to the next generation or a receiver. The survival of the companies are dependent on the support of the State bodies and I hope they back the scheme otherwise it will be the State that will end up losing the most through redundancies, loss of revenue and the significant knock on effect that it will have on other local business. Jobs are very difficult to come by and even worse in Donegal, and if the scheme does not get through other business in the village will probably have to close as well.”

Following the appointment of an examiner to two companies in Creeslough, a local committee was formed to help save the village and the 40 jobs in the village.

In their statement the Save Our Village (SOV) group say they have been humbled to have received message of support Paul McGinley, Ryder Cup Captain, whose father is from Cresslough and other well known GAA figures from Donegal and Ireland.

Mr Lafferty said he wishes to thank over 1,000 people who attended a local meeting and those who sent messages of support from all over the world.

The SOV Committee wish to thank in particular Mr Sean Carr of Vision Accountancy for his all help and guidance over the last number of months.