Killarney facing ‘tough challenges’

KILLARNEY bucked the trend with green fee income rising 10% in the wake of the Irish Open, but the Kerry club still faces “tough challenges” in 2011, the club’s general manager Maurice O’Meara has warned.

O’Meara told last night’s club agm that while Killarney is on a sound financial footing and reaped the rewards of the Open, it’s been a difficult year generally. He told members: “If the loss situation is not addressed in the intermediate term we may find ourselves in a very serious situation in the coming years.”

The club’s debt position stands at €3.8m and it recently signed new agreements with the banks to repay the debt over fifteen years, O’Meara reported.