Executives from Donald Trump’s multibillion-dollar organisation fly into Shannon this morning to eye up their latest golf investment at Doonbeg, Co Clare, admitting they’ve landed a “spectacular gem” for around $15m (€11m).
“We went into a process and we did well out of it,” Donald Trump Jr said last night.
The executive vice-president of the Trump Organization and son of the US investment mogul will meet staff at the five-star west Clare resort today to outline an investment plan for the facility.
Mr Trump Sr confirmed yesterday’s Irish Examiner story on the investment in a statement, pledging: “Doonbeg is an already terrific property that we will make even better — it will soon be an unparalleled resort destination with the highest standards of luxury.”
His son revealed how the Trump Organization had swooped in to secure the resort. “Two years ago I was in Ireland, at a time when there was a lot of distressed property,” he said. “I saw around two dozen courses from a helicopter over a few days there. Doonbeg was the standout facility. Not just the course, but the facilities, the people, the Lodge, the whole place was spectacular.
“It was all there, and when I got back to New York I spoke to my father and said it was something we should go after if it ever became available.”
Doonbeg will be renamed Trump International Golf Links and the Lodge will be managed by the Trump Hotel Collection.
The local Doonbeg Community Development group greeted the purchase with “great relief”.
Spokesman Willie Hanrahan said: “The golf club supports jobs in restaurants, B&Bs, pubs, and taxis. It would have been catastrophic for the parish if there wasn’t a sale and we would have been left with a white elephant.”
Last night, course designer Greg Norman tweeted:
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