The Heelers Diaries

the fantasy world of ireland's greatest living poet

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Location: Kilcullen (Phone 087 7790766), County Kildare, Ireland

Monday, May 11, 2009

cooee johnston press

Laura Noonan in an excellently researched piece in the Irish Independent on Saturday, referred to growing doubts about the proposed sale of Irish newspaper titles owned by the Johnston Press.
Her exact words were:

"Embattled UK publisher Johnston Press is expected to update the market on its efforts to sell 14 Irish newspapers in the company's interim management statement on Wednesday. Johnston had hoped to identify a preferred bidder this week, but deliberations are understood to be ongoing. Some now speculate the papers may not be sold if the bids come in around the €40 million mark, as recently reported."

Good girl Laura. Nicely done. I love a little light reading in the morning.
But I gotta tell you.
Some of us are speculating that there are no real bids at all.
Some of us have been predicting no real bids for the Johnston Press titles for months now.
My own personal analysis is this: After the Johnston Press fired me from the Leinster Leader, they incurred the wrath of God in which case they will have no luck with any of their business ventures but will instead be sent down to Gehenna.
Something else I've been wondering.
If the Irish titles are generating the millions Johnston Press say they are...
Why the hell are they selling them???
Can't wait for that interim report on Wednesday.
It should be a hoot(s mon).

Hey Johnston Press...
Is it possible...
Is it just a teensy weensy bit possible...
... That the wrong people have been getting fired?

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