Economic impact of RyderCup overhyped, claims report

THE Ryder Cup might still be almost three weeks away but there are already fears that the only thing “epic” about the competition’s first staging in Ireland is the hype.

A new report by independent consultants has suggested that official estimates made by Fáilte Ireland about the value of the competition to the economy are massively inflated.

A study by Anderson Economic Group in conjunction with Amárach Consulting states the true amount of extra revenue generated by the Ryder Cup being staged at the K Club in Straffan, Co Kildare will be around €43 million compared to Fáilte Ireland’s estimate of €130m.