Tralee festival secured for future

Updated: 17:49, Friday, 16 January 2004

The organisers of the Rose of Tralee Festival say the festival's future has been secured by a number of significant financial donations.

Rose of Tralee  Festival saved Rose of Tralee Festival saved

The organisers of the Rose of Tralee Festival say the festival's future has been secured by a number of significant financial donations received over the past 24 hours.

Rose of Tralee Chief Executive Siobhan Hanley has said about €200,000 came from businesses throughout Ireland, following a warning yesterday about the festival's finances.

The company which runs the festival will now be restructured and creditors are to be paid 30 cent for every euro owed.

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