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Tag Archives: Donald Trump

€2.5m losses at Doonbeg golf club

American billionaire Donald Trump has taken a €2.5 million hit in his first year of ownership of the Doonbeg golf resort, accounts filed to the Companies Office has revealed. TIGL Ireland Enterprises Limited, which operates Trump International Golf Links and Hotel in the West Clare village, recorded post-tax losses of €2,549,801 in its first year since the business tycoon acquired the resort. In the company’s financial statements, its directors note that the substantial losses were due to the write-off of various start-up costs incurred as part of the acquisition of the business. The golf resort was bought by Mr Trump last year for around €8.7m. It was subsequently valued at €23m by the businessman in financial disclosures filed this year with the Federal Election Commission in the US, as part of his campaign to secure the Republican nomination for the presidential election. The golf course is currently being redesigned and will not be fully operational until 2016. This is likely …

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Doonbeg expansion dependent on coastal works

UNLESS rock armour protection is put in front of the sand dunes in Doughmore Beach, the Doonbeg golf course will eventually be rendered unusable. That’s the stark message from the golf resort general manager, Joe Russell. He was speaking following a two-day consultation, held in Doonbeg community hall this week, on a proposed coastal protection scheme. The golf course was extensively flooded in 2014 and some holes were closed for long periods. “The golf course needs to be protected. Over the last number of years, the dune face has retreated approximately a yard per year. People have seen a huge retreat in these dunes. If we don’t do it, eventually the golf course will go and there is an over-riding question; what generation is going to do it? If it breaches the dunes, a lot of agricultural land behind the club is going to get flooded,” Joe Russell predicted. Up to 10 metres of sand dune front along the entire …

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Pearl Mussel blows wind farm plan away

An Bord Pleanala has refused planning permission for the construction of a nine turbine wind-farm within sight Doonbeg Golf Resort, as a result of a tiny rare creature likened to “Ireland’s panda”. This follows an appeal by the golf club owner, US billionaire Donald Trump, in addition to objections and observations from over 40 individuals and groups, from the locality, as well as Friends of the Irish Environment (FIE), An Taisce and the Irish Peat Conservation Council (IPCC) against Clare Coastal Wind Power’s project, granted planning permission by Clare County Council last year. The inspector recommended a refusal to the wind-farm – 20 ft taller than Dublin’s Spire – on a number of grounds – including the impact the wind farm would have on views from the golf resort and the impact the wind farm would have on the fresh water pearl mussel. In its order, the appeals board stated that it is not satisfied that the proposal would not …

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Donald Trump enters US presidential race

Flamboyant billionaire, Donald Trump, whose assets include Doonbeg Golf Club and Resort, has announced he will make a bid to become US president next year. At a rally at New York’s Trump Towers today (Tuesday) Mr Trump said, “I am officially running for president of the United States and we are going to make our country great again,” Seeking to secure the Republican nomination, he suggested his fortune would allow him to be an effective president. Wisconsin Governor, Scott Walker and former Florida governor, Jeb Bush, a son and brother of two former US presidents, have, up to now, been making waves as the leading Republicans in the field, as the primaries loom. Mr Trump has made a number of visits to Doonbeg  since buying the golf club last year, the most recent just a week ago.

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Wind farm plan near Doonbeg golf club rejected

Fears about the future of the Doonbeg golf links and hotel resort, owned by American billionaire Donald Trump, have eased after planning permission was refused for a proposed wind farm. Clare County Council refused plans for the development of a new nine turbine wind farm near his golf resort in Doonbeg. The location of Trump International Golf Links and Hotel to the Shragh wind farm has been cited as one of the main reasons why the local planning authority refused the development. Mr Trump, who has vigorously opposed wind farms in Scotland and Ireland,  was one of the 42 objectors, who opposed a planning application for a new wind farm in the townlands of Carrowmore South, Einagh and Shragh, about two kilometres south of Doonbeg village. According to an objection lodged with the council by Cunnane Stratton Reynolds planning consultants, the proposed development would have a “detrimental impact on the viability of the Doonbeg Golf Resort and as a consequence tourism in the …

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Snail putts Tump links planning on holed

Plans  for coastal protection works at the Donald Trump-owned Trump International Golf Links in Doonbeg have been put on hold after Clare County Council requested further information. The request seeks information on the potential impact of the proposed works on the habitat of the Vertigo Angustior snail. The development being sought by TIGL Ireland Enterprises Ltd relates to coastal erosion management works at Carrowmore Dunes, White Strand, Doughmore Bay and Trump International Golf Links and Hotel, Doonbeg. It consists of the re-profiling of sand dune slopes and ancillary marram planting, sand trap fencing and golf course repairs at three locations within the Carrowmore Sand Dune System; temporary construction compound within the hotel complex and access to the beach during construction via the public access track off Mountrivers Road. The applicant states that a Natura Impact Statement would be submitted to Clare County Council with the planning application. In its request for further information, Clare County Council said, “Having regard to the …

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Trump may face ‘battle royale’ over right-of-way

DONALD Trump’s company, TIGL Ireland Enterprises Limited, could end up before the circuit court in Clare for “a fully-fledged battle royale” civil case, if progress is not reached over a right-of-way at Doonbeg Golf Club. The American business tycoon purchased Doonbeg Golf Club and its lands earlier this year, for a reputed €15million, but it has emerged that a negotiated settlement with the previous owners, prior to the sale, provides for a right-of-way on these lands. This settlement was not implemented by the previous owners, Doonbeg Golf Club Ltd, and legal proceedings have been issued against them as a result. Ennis Circuit Court heard on Tuesday that the settlement reached in May 2013, providing a right-of-way on lands now owned by Mr Trump, was never signed or implemented by the then owners, Doonbeg Golf Club Ltd, prior to the sale. James McNulty of Ballinagun, Cree, one of the parties to the settlement, has taken a civil action against Doonbeg Golf …

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Trump considering US presidency race

By Peter O’Connell IT may be local and European election time here, but Donald Trump has higher aspirations. He has not ruled out running for the US Presidency in 2016. “I have great love for our country. Our country has not been doing very well. Our leadership has not been extremely strong, to put it mildly. So we’ll see what happens. We have very big elections coming up in November and then after that people will be making decisions. So we’ll see what happens. But the elections in November will be very, very interesting,” he said at the press conference. Donald Trump said that he intends to work closely with local people. He claimed that he was warmly welcomed in Aberdeen and pointed to that as an example of how local communities embrace him. “We’ll be working very strongly with the community. I always do. One of the little known secrets is that, in Aberdeen as an example, they did …

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