Golf club deal may net members €20,000

A PROPERTY developer is seeking to buy one of the country’s oldest golf clubs in a €35 million deal which would net the members in excess of €20,000 each.

A major Limerick property developer has approached Limerick Golf Club, where Tiger Woods is an honorary life member, about purchasing the club for re-development.

Members of the club, set on 70 acres in the prime suburban residential area of Ballyclough, have confirmed that a statement has been put on the club notice board about the offer. There are 1,300 members of the club. The annual sub for members is €667.