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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGolf clubs in Scotland lost $24 million in 2016
By David A. Fahrenthold
October 8 at 11:19 AM
... Trump's two name-branded golf courses in Scotland lost more than $24 million in 2016 more than twice what they'd lost the year before as revenue from golfers and overnight guests dropped, according to documents filed with the British government.
The filings, one of which was first reported by the Associated Press, show that both clubs struggled even as their namesake became one of the most famous men in the world.
At Trump International Golf Links, a course that Trump opened in 2012 near Aberdeen on Scotland's northeast coast, losses increased 28 percent in 2016 to 1.4 million British pounds, or about $1.8 million.
The numbers were much larger at Trump Turnberry, a legendary 111-year-old course that he bought in 2014. There, losses more than doubled in 2016, to 17 million pounds, or $23 million ...
https://www.washingtonpost.com/news/post-politics/wp/2017/10/08/trumps-golf-clubs-in-scotland-lost-about-25-million-in-2016/?utm_term=.a0c7179592fc
Me.
(35,454 posts)Just Like The Puerto Ricans
Brother Buzz
(36,434 posts)Trump owes back taxes on them, and no bank will loan him money. He's forced to finance the white elephants himself, and there are many indications, The Trump Organization is bleeding money EVERYWHERE.
Me.
(35,454 posts)The whole thing is a Ponzi scheme if you ask me and doomed to crash in upon itself at some point.
riversedge
(70,227 posts)I like the real title with his mane. Just saying.
spanone
(135,838 posts)don't fuck with the Scottish