Michael Flatley borrowed to fund ‘Monaco millionaire’ lifestyle, court hears - News Summed Up

Michael Flatley borrowed to fund ‘Monaco millionaire’ lifestyle, court hears


Michael Flatley has been living the “lifestyle of a Monaco millionaire” by borrowing money, and has an “insatiable appetite” for “lifestyle cash”, a court in Belfast has heard. For this, Mr Flatley agreed to pay the company £35,000 (€40,421) per month for the first 24 months, rising to £40,000 (€46,193) a month thereafter. He said that Mr Flatley “has lived the lifestyle of a Monaco millionaire” by borrowing money “as he did not even have the minimum cash required to open a residency package”. David Dunlop KC, representing Mr Flatley, pushed back on the claims that Mr Flatley “was a poor manager of his own affairs and was a man with substantial debts”, saying “ad hominem” attacks had been made on his character. “While many averments were made about Mr Flatley’s financial affairs the proof is in the pudding,” he said.


Source: Irish Examiner January 28, 2026 20:21 UTC



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