Friday 11 October 2019

Donald Trump's Scottish Golf Resorts Suffer £12 Million Loss In A Year



 Trump's two golf resorts in Scotland both suffered a huge loss after a difficult financial year.

It's been another financial disaster for President Donald Trump's two Scottish golf resorts after they both suffered huge losses of a combined £12 million ($14.5 million), due to the current state of the local economy.


Trump's Turnbury resort, which has hosted the Open on multiple occasions, was hit the hardest, as the losses tripled those of last year, reaching up to £10.8 million.

Before Trump was voted in as president of the United States, both resorts had been struggling financially but things looked on the up, with revenue improving at both resorts.

Trump has 17 golf projects across the globe and has invested huge sums of money in buying and improving golf clubs, thinking that he could change the common occurance of golf clubs suffering losses and going into bankruptcy.

The 45th president of the United States has received mixed reviews in Scotland, with some people praising him for bringing more revenue in tourism and providing more jobs in the area, while others have voiced their concerns over his political stance and the damage he is causing to the natural dunes.

It was recently reported that Trump planned on building 550 homes in what would be his biggest construction project to date, but this has received backlash from Scottish locals and councillors who are worried about the environmental damage he would be producing.

Plans to build a second course at Menie were recently approved by the local council, which could potentially bring in more revenue, where homes will be for sale worth up to £1.3 million.

Over a decade ago, the plans for the original Menie resort were rejected by the Aberdeenshire Council committee, but they were then called in by the Scottish government after Trump promised to spend over £1 billion and create at least 6,000 jobs developing the resort.

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