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Paddy Power directors in share fire-sale

TAGs: Paddy Power, share sale

David had even sold his mobile phone

David had even sold his mobile phone

What’s the feck? After announcing poor results for 2009 Paddy Power’s directors are shipping shares quicker than you can say ‘Green Square’. Co-founder David Power led the way, flogging more than €7m of the company’s shares and his fellow directors weren’t far behind him. Five more Paddy big-wigs including Jack Massey, Andy McCue and Dermot Golden were all cashing in their chips. So what’s the craic? Are they preparing for the big bail-out? Read more.

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