THE SUBMARINE BAR in Crumlin has gone into receivership, TheJournal.ie has learned.

The well-known bar in the south Dublin suburb went into receivership yesterday with the premises and its adjoining pub, Rory O’Connor’s, and off licence also shuttered.

It is understood around 45 jobs will be lost as a result of the closure which was confirmed when the receivers, understood to be Grant Thornton, moved in yesterday.

Grant Thornton would not comment on the matter when contacted this afternoon. The Submarine Bar’s phone appeared to be disconnected.

Crowds at The Submarine Bar celebrate a goal for the Republic of Ireland against Croatia at Euro 2012 in June last year. Pic: ©INPHO/Ryan Byrne.

Local councillor Michael O'Sullivan said that the pub had "been in difficulty for some time". But staff who worked at the pub, one of whom worked there for around 30 years, had no prior knowledge of the impending closure.

"It was built for World Cup audiences and we don't have that any more. It depended on having big crowds," O'Sullivan, a Labour councillor, told TheJournal.ie.

Another local councillor, Henry Upton, said the pub had been closed during the days and only opened at night and on the weekend in recent months.

The Ashleaf Shopping Centre, where the pub is located, continues to trade as normal.