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left-of-center2012

(34,195 posts)
Thu Oct 4, 2018, 08:08 PM Oct 2018

Trump's Scotland golf course lost $4.5 million in 2017, new report says

President Trump’s Turnberry golf course in Scotland — one of Trump’s largest investments and the site of a presidential visit this summer — lost $4.5 million in 2017, its fourth consecutive year in the red.

That loss was detailed in documents filed by the Trump Organization with the British government, and posted online Thursday.

They showed that, in the three years after Trump bought the iconic Scottish golf club, Turnberry was a sinkhole for cash. In all, Trump has spent at least $212 million on the property — $67 million to buy it and an additional $144 million to renovate it and sustain its ongoing losses.

The figures from Turnberry were another sign that Trump’s businesses have suffered during his presidency — as his rise as a polarizing political figure has alienated the rich, urban customers whom his hotels and golf courses seek to attract.

https://www.washingtonpost.com/politics/trumps-scotland-resort-lost-45-million-in-2017-new-report-says/2018/10/04/3821aa66-c71b-11e8-b2b5-79270f9cce17_story.html?utm_term=.10b93e37b716

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Trump's Scotland golf course lost $4.5 million in 2017, new report says (Original Post) left-of-center2012 Oct 2018 OP
I hope the Scots burn it to the ground. smirkymonkey Oct 2018 #1
LOSER! riversedge Oct 2018 #2
His golf course in Ireland is losing money as well- $2.6 million in 2016 PA Democrat Oct 2018 #3
Alas... Scurrilous Oct 2018 #4
Ah well irisblue Oct 2018 #5

PA Democrat

(13,225 posts)
3. His golf course in Ireland is losing money as well- $2.6 million in 2016
Thu Oct 4, 2018, 08:36 PM
Oct 2018

He has lost a cumulative $8.8 million since he acquired the property in 2014.

https://www.mercurynews.com/2018/01/02/trumps-irish-resort-loses-money-for-third-consecutive-year/

When I was in Ireland in August everyone asked us about our opinions of Trump and they were relieved when we told them we didn't vote for him and considered him to be a national embarrassment.

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