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Barr once ran the Apartment night-spot in Royal Exchange Square, and more recently the Republic Bier Halle in Gordon Street, but his assets are now being managed by an insolvency expert and he has signed a trust deed to try to pay off his debts without being effectively declared bankrupt.Last year Barr’s close friend, Ron Mc Culloch, the man who founded the Big Beat empire, a chain of 20 Glasgow pubs and clubs, also saw a large part of his empire crumble after his 10m London super-club Home had its licence revoked by Westminster City Council following an undercover police operation which found evidence of drug dealing in the club. Last week James Mortimer, the owner of Victoria’s, a once legendary hang-out of blonde-quiffed footballers, gangsters and glamour models, said he feared more big names and famous clubs could go under over the next six months.”The ‘Waxy O’Connor’s tree’ was planted 250 years in Midlands Ireland and died naturally in 1994.

To those in the know over the past five years, the high-profile Barrs were no longer main players in Glasgow’s lucrative clubland.

Colin may have talked a good game, but for a long time had been in the shadow of his Nemesis, Stefan King.

But behind the gleaming pub gantries and chrome interiors of the city’s trendy watering holes and restaurants a bitter trade war has broken out, with clubs, pubs and restaurants fighting for a share of the most competitive leisure market outside London.

Colin Barr, once the epitome of the successful Glasgow businessman, is the latest pub-and-club boss to hit the wall.

Her husband Colin, the man behind some of Glasgow’s most famous night-clubs, including Volcano and The Tunnel, went public on the city’s worst secret - he was going under, and fast.