Tuesday, February 11 16:33:37
Donald Trump is about to purchase the five-star Doonbeg golf resort in Co Clare for around E15m, according to reports.
The billionaire, who led a campaign recently to prove that Barack Obama was not American and instead is a foreign national who should be removed from the White House already owns a suite of 15 golf resorts around the world, is understood to be close to agreeing a package to purchase the resort from investment fund company, King Street.
Ernst and Young's Luke Charleton and David Hughes were appointed receivers last month, and expressed their confidence at the time that a sale would be completed within six weeks.
The sale includes the five-star Lodge hotel and the spectacular links golf course, plus seven unsold suites. It is understood that existing property owners will retain all rights under the terms of any sale agreement.
Trump, who recently developed a much-heralded links course in Aberdeen, is now regarded as a strong favourite to purchase the Doonbeg resort, with a New York announcement imminent, according to sources.