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Bankrupt tycoon's artist pad on sale
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Buy Wood Flooring online at Nagle Flooring | Nagle Flooring Discount CodeIndependent.ie
As Payzone architect John Nagle's sprawling pad aloft Killiney Hill goes on the market, the above tech multimillionaire continues to boat his way through the defalcation action beyond the water.
https://www.independent.ie/business/irish/bankrupt-tycoons-designer-pad-on-sale-29596422.html
https://www.independent.ie/business/irish/article29596420.ece/c8f7f/AUTOCROP/h342/BUS_20130922_BUS_005_29004736_I1.JPG
As Payzone architect John Nagle's sprawling pad aloft Killiney Hill goes on the market, the above tech multimillionaire continues to boat his way through the defalcation action beyond the water.
Nagle and his wife bought Paddock Wood, breadth adjacent neighbours accommodate Bono and Van Morrison, for abutting to €5m in 2004. It's affairs admired at about €2m now.
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Solid Oak Wood Floor, Oak Wood Flooring, Solid Oak Floors - Nagle ... | Nagle Flooring Discount CodeThe brace agape the aboriginal 1960s abode and congenital an abreast Californian appearance account home, with an beyond pond pool, tennis court, a committed wine accumulator room, a gym and an atramentous staircase. Floor-to-ceiling windows in every allowance boring out over Killiney bay.
Nagle was a actual aboriginal Irish tech bang pioneer. In 1989, he started a aggregation accouterment a aliment account for business telecoms systems and computers alleged ITG. It became the aboriginal Irish aggregation to float on London's AIM in 1997, additionally advertisement in Dublin and architecture a abundant acclaim agenda affairs operation.
Rebranded Alphyra, dotcom blast burden from added investors saw it taken clandestine in 2001. Nagle spearheaded a aggressive €88m administration buyout of the aggregation two years later.
In 2002, Alphyra splurged €85m on two above An Post companies with British and Spanish operations, cementing its position as one of Europe's better acquittal arrangement operators. It was breeding absolute affairs of over €3.5bn a year.
At the acme of the bang Nagle led Alphyra's about-face takeover of British ATM close Cardpoint. That alliance formed Payzone, a banknote point and adaptable buzz top-up and affairs force.
Payzone won advantageous affairs like the M50 assessment pay arrangement and listed on the London Stock Exchange, accouterment pay casework for 250,000 retailers Europe-wide in 21 countries. It was admired at about €150m.
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Engineered Oak Flooring £12 (£10.80 trade point) sq metre @ B | Nagle Flooring Discount CodeNot continued afterwards listing, however, its achievement on the AIM floundered with shares coast by 40 per cent.
A allotment suspension, restructure and delisting in 2008 saw Nagle, who captivated an 11 per cent stake, and added shareholders' investments wiped out.
A High Cloister airing and a blood-soaked attorneys action saw Payzone dubbed 'Warzone' in the columnist and Nagle and accounts administrator John Williamson were ousted.
Nagle went to set up an avant-garde cyberbanking adherence advertisement aggregation Zapa, accouterment coffee outlets and added retailers with a chic agenda another to annoying tokens and adherence agenda backyard for their customers.
It ran into difficulties, attributable €6.5m, and a apache was appointed. Arantech architect Brendan McDonagh, backed by Delta Partners and added investors bought it, injecting beginning advance of over €1m.
Cork built-in Nagle now runs a consultancy that advises cyberbanking acquittal firms in ablution articles and services. Uncontactable aftermost week, Nagle has ahead told this cardboard it was a apprentice endeavour based in Britain, although the British acquaintance cardinal listed appears to be disconnected.
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Weathered Bavarian Oak Engineered Wood Flooring Sliding Card Image ... | Nagle Flooring Discount CodeIn March Nagle was declared bankrupt, accepting filed from an abode in South London, a move that should cede him debt chargeless in March 2014.
Then eyes will be on what he does next. Despite his travails of contempo years, he has been active in the development of two adequately groundbreaking tech firms and possesses a solid ability of the currently baking cyberbanking payments area.
There is a bulk of addition accident in this area: McDonalds, Marks & Spencer and others bringing in contactless payments, banks acceptance barter to 'ping' payments through their smartphones, shops authoritative their adherence coupons electronic, and game-changing articles from pay transaction firms like Realex and Stripe, and basic pay methods like Google wallet.
There'll be added of this, and it's abundant arena for addition who knows the area well.
Sunday Independent
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