Turnberry: Golf course owned by Donald Trump lands in hot water Business One of US President Donald Trump’s golf courses in Scotland has landed in hot water after failing to file a crucial document on time. The 800-acre Trump Turnberry was bought for £39.5m in June 2014 while the president stepped down as a director after first being elected in 2016 and gave control to a trust [...]
Donald Trump’s golf course in Scotland makes 11th consecutive loss Business Donald Trump’s golf course in Aberdeenshire has maintained its positive outlook despite making a loss for an 11th consecutive year. Trump International Scotland has reported a pre-tax loss of £1.4m for 2023, having also lost £738,344 in the prior 12 months. The widening loss comes despite its turnover rising from £3.59m to £37.4m over the [...]
Golf brand Ping hails another record year as sales pass £100m Retail The European arm of golf brand Ping has hailed another record year as its sales passed £100m for the first time. The Lincolnshire-headquartered business has posted a turnover of £107.5m for 2023, up from the previous record of £90.8m, according to newly-filed accounts with Companies House. The firm has also reported a pre-tax profit of [...]
Growing participation is fuelling golf, but it must stay affordable August 14, 2024 There is no doubt that golf is big business but is it in danger of making the age old elitist mistakes of the past which alienate the masses? Globally it’s estimated that the golf market is worth in excess of $90bn (£70.5bn), a figure that is expected to rise to $104bn (£80.5bn) by 2028, exhibiting [...]