K Club ‘dependent on shareholder and banker support’ as losses forecast

THE K Club, which played host to the Ryder Cup in 2006, expects losses in 2010 and 2011.

According to 2009 accounts just filed for Bishopscourt Investments Limited and Subsidiaries, which operates the K Club at Straffan, Co Kildare, pre-tax losses fell from €8.3 million to €6.5m. Turnover was down from €13.9m to €11.2m in 2009.

The accounts said the group incurred operating losses in 2010 and based on projections, expects to incur further operating losses in the year to the end of 2011.