Michael Smurfit sells K Club for €70m

The K Club is to move into new ownership after businessman Michael Smurfit confirmed he is selling the golf resort.

The 550-acre Straffan estate, which includes a 134-bed five-star hotel and two championship golf courses, will come into the ownership of Michael Fetherston, the Dublin-based operator of the TLC nursing homes group, after a deal was struck for approximately €70m.