‘Significant change’ needed to ensure golf club survival

Members of a top golf club hit by a cash-flow crisis have been told “very deep and significant change” is needed to ensure its survival.

Killarney Golf and Fishing Club, which has hosted the Irish Open Championship four times, is faced with spiralling debts and a serious income drop due to the recession.

Consultants Deloitte have been engaged by Killarney Golf Club Ltd — in which Fáilte Ireland is a 75% shareholder — to carry out a review of its operations.