Receiver appointed to Doonbeg resort

A receiver has been appointed to The Lodge at Doonbeg and Doonbeg Golf Club at the invitation of the company’s directors.

The move follows the sale of the Doonbeg golf resort in Co Clare to a US-based property investment firm, South Street Partners, for €70m in June of last year.

The receivers, Luke Charleton and David Hughes of EY, said they are already aware of interest in the property and are hopeful of concluding a sale as a going concern within a short timeframe.