Trump using Scotland visit to promote his golf course -- which is losing millions: report

[spanone]

President Donald Trump is running an “informercial” for his struggling Trump Turnberry golf resort in Scotland, The New York Times reported Saturday.

Financial records show that the president’s Trump Turnberry resort has lost money since the New York City real estate mogul purchased the golf course in 2014.

“In fact, the Turnberry operation has lost tens of millions of pounds since he purchased it, filings in Britain show: about £17 million in 2016, the last year for which such comprehensive records are available,” the Times reported. “For 2017, Mr. Trump’s government ethics filing discloses only how much revenue the course generated — $20.4 million — not whether it had earned a profit.”

The commander-in-chief also cited his investment in claiming that Brexit would be good for his struggling business.

https://www.rawstory.com/2018/07/trump-using-scotland-visit-promote-golf-course-losing-millions-report/

[dalton99a]

1. Hint: Russian laundromat

Follow the money

[HipChick]

2. Reportedly he paid for it cash, where did he get the money?

[spanone]

4. golf courses are notorious for losing money.....but probably good for laundering it

[DURHAM D]

5. Eric said it was from the Russians. nt

[katmondoo]

3. Just looking at that face would turn me away from anything he promotes, Yucks

[smirkymonkey]

6. I so hate him.