Danny Lafferty calls it quits today after 43 years in business

Danny Lafferty.
Danny Lafferty.

The Donegal business man whose story made national headlines is calling it quits today.

Danny Lafferty says he is “humbled” by the incredible support he has received since news that businesses he owns and which have been run by the Lafferty family in the village of Creeslough for almost 100 years were in danger of closing.

Amongst those publicly supporting was Ryder Cup captain, Paul McGinley whose father comes from the village.

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 thankedAIB, 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 involved. Mr Lafferty said he wished to thank over 1,000 people who attended a meeting in his support.