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Wetherspoon has not sold Guinness or any other Diageo products at its Blackrock outlet since its launch, because of a price dispute.
It has continued, however, to sell Diageo products in its UK pubs.
"Diageo have not come crawling to my door asking me to sell Guinness" he added.
There is "quite a big difference" between what Diageo charges it in Ireland and the UK, Mr Martin said, declining to reveal the exact price difference for commercial reasons.
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Thousands signed up to a Facebook group protesting the move.
Mr Martin told the Irish Independent there had been no progress on a deal with Diageo and there is unlikely to be one in the short to medium term.
"We are putting a lot of money into the country" Mr Martin said.
Those pubs' recovery over the past year means their sale price will include a large amount of goodwill, he added, which would be too costly for Wetherspoon given that it plans to totally revamp Irish acquisitions to fit its own style.
Trinity College Dublin, founded in 1592, is Ireland’s oldest and most internationally renowned university.
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Mr Martin said designs overhauls of around €1.5m, along the lines of what has just been completed at its Blackrock, Co Dublin outlet, will be completed on each of the 30 pubs it plans to open in the Republic.
"But the speed at which we can open these 30 pubs depends on how Irish customers respond to us".