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A New Owner for Wentworth?

March 18th, 2014

Although there has so far been no official confirmation, GBN.com understands that Richard Caring, who purchased The Wentworth Club in 2004 for a figure reportedly around £130 million, has sold the renowned Surrey club at a substantial profit.

The purchaser is the Reignwood Group of Beijing, headed by Dr Chan Chai, one of China’s wealthiest businessmen. The company owns the Reignwood Centre in downtown Beijing and the Reignwood Pine Valley golf course situated in Changping, a 40-minute drive from the capital, and property both in China and overseas.

Featuring 54 magnificent holes designed by Jack Nicklaus, Reignwood Pine Valley includes the Reignwood Polo Club, luxury golf villas, a five-star hotel, health management and fitness centre, and a private business jet service for members.

(My trip to Beijing has turned out to be even more interesting than I was expecting!)

Geoff Russell, Publisher

publisher@golfbusinessnews.com

@GBNPublisher

New Trolleys from Big Max: Big Max IQ+ and Ti1000 AutoFold

New Trolleys from Big Max: Big Max IQ+ and Ti1000 AutoFold

New Products     9:54 am, March 20, 2014

Two new push trolleys add to Big Max’s reputation for quality and innovation

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IGTOA Announce National Tournament For The Antrim Coast

IGTOA Announce National Tournament For The Antrim Coast

Travel     9:53 am, March 20, 2014

Ireland Golf Tour Operator Association has announced the hosting of the “2014 IGTOA Killeen House Trophy National Tournament” which will take place in April 2014 on the Antrim Coast at Royal Portrush Golf Club

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Wolsey Launches Limited Edition Wedges Engineered By Vega

Wolsey Launches Limited Edition Wedges Engineered By Vega

New Products     9:52 am, March 20, 2014

Modern British heritage brand Wolsey has collaborated with Japanese master craftsmen Vega to create a limited edition family of wedges that will complement the soon to be launched Sportsman AW14 golf collection

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Contracts Signed at Blarney Golf Resort

Contracts Signed at Blarney Golf Resort

Property     2:27 pm, March 19, 2014

Property consultants, Savills, have confirmed that contracts have been signed for the sale of the Blarney Golf Resort in Blarney, Co. Cork

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More Ryder Cup tickets go on sale

More Ryder Cup tickets go on sale

Travel     2:27 pm, March 19, 2014

Returns from Ryder Cup stakeholders with ‘Right to Buy’ are re-allocated to the public

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Southport Golf Academy hits the mark

Southport Golf Academy hits the mark

Courses     2:26 pm, March 19, 2014

A family-owned business has transformed a rundown golf facility into a centre of excellence.

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Large group of Guests from UK, Europe and Asia-Pacific visit GIS in Orlando

Large group of Guests from UK, Europe and Asia-Pacific visit GIS in Orlando

Corporate     2:26 pm, March 19, 2014

A party of 70 Ransomes Jacobsen guests and staff from Europe, augmented by a further 20 from the Asia-Pacific territory attended the Golf Industry Show in Orlando

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Rub Of The Green For Course Managers

Rub Of The Green For Course Managers

New Products     2:25 pm, March 19, 2014

An innovative divot bag system is providing substantial labour and cost saving benefits in today’s increasingly competitive golf club market - and leaving greenkeepers free to concentrate on more pressing matters

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Don’t Risk A ‘Will-Fit’ This Spring, Says Lely

Don’t Risk A ‘Will-Fit’ This Spring, Says Lely

Management Topics     2:23 pm, March 19, 2014

Only a genuine Toro bedknife can guarantee Toro users the best quality cut and aftercut appearance this Spring

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Generation Next Returns for Suffolk Showdown

Generation Next Returns for Suffolk Showdown

Sponsorship     2:20 pm, March 19, 2014

Golfing stars of the future will return to Stoke by Nayland later in the year to contest the WPGA International Challenge

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Bermuda Golf’s European Invasion

Bermuda Golf’s European Invasion

Sponsorship     2:19 pm, March 19, 2014

European Tour & Ryder Cup Champions flock to Bermuda for Grey Goose World Par 3 Championships

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EIGCA Conference Studies ‘Golf For All’

EIGCA Conference Studies ‘Golf For All’

Exhibitions & Conferences     2:01 pm, March 18, 2014

The European Institute of Golf Course Architects will use their annual conference to study how golf course designers can contribute to making the game more enjoyable and accessible

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BGL Golf meets consumer demand with 11 new ‘responsive’ websites

BGL Golf meets consumer demand with 11 new ‘responsive’ websites

Media     2:00 pm, March 18, 2014

£50K investment develops digital presence to further enhance customer engagement

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Quality service brings Club Car to new upmarket golf resorts in Egypt

Quality service brings Club Car to new upmarket golf resorts in Egypt

Courses     2:00 pm, March 18, 2014

Club Car solidifies majority Egyptian golf market share following appointment at two new destinations

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Wentworth Keeps Faith With Toro In Biggest-Ever Deal

Wentworth Keeps Faith With Toro In Biggest-Ever Deal

Courses     1:57 pm, March 18, 2014

The Wentworth Club has renewed its five-year Toro exclusivity agreement with distributor Lely UK

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InPlay Golf Bristol goes live!

InPlay Golf Bristol goes live!

Corporate     1:56 pm, March 18, 2014

Proshot Simulation, the Sussex based specialist supplier of Golf Simulators and Simulation Technology, announces InPlay Golf Bristol has successfully gone live and opened its doors with Six Sports Coach Golf Simulators

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Grace Park Appointed Athlete Role Model for Golf at 2014 Youth Olympic Games

Grace Park Appointed Athlete Role Model for Golf at 2014 Youth Olympic Games

People     1:55 pm, March 18, 2014

The International Golf Federation has announced that former LPGA Tour player Grace Park has been appointed as Athlete Role Model for golf when the sport makes its debut at the 2014 Youth Olympic Games in Nanjing, China

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Interest-free finance for four-passenger Gator

Interest-free finance for four-passenger Gator

New Products     1:54 pm, March 18, 2014

A special interest-free finance programme is available to anyone ordering a new John Deere XUV 855D S4 Gator 4x4 utility vehicle and any John Deere Gator attachments

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National Golf Month: May 2014 – A British Golf Industry Initiative

National Golf Month: May 2014 – A British Golf Industry Initiative

Management Topics     12:43 am, March 18, 2014

National Golf Month is a BGIA initiative funded by the Grow Golf Trustees targeted to bringing 100,000 extra golfers back to playing or trying golf in May 2014

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Titleist and Golf Foundation work together to bring more young players into the game

Titleist and Golf Foundation work together to bring more young players into the game

Growing the Game     12:43 am, March 18, 2014

Titleist, the #1 ball in golf, has renewed its highly supportive relationship with the Golf Foundation for 2014.

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Playgolf World install Power Tees at all of their ranges

Playgolf World install Power Tees at all of their ranges

Courses     12:42 am, March 18, 2014

As part of their major investment in golf Playgolf World announce the introduction of Power Tees at three of its golf clubs.

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North Middlesex’s Howard Till rates the new MH Golf software

North Middlesex’s Howard Till rates the new MH Golf software

New Products     12:41 am, March 18, 2014

North Middlesex GC has recently upgraded to the latest MH Golf club management software by MH Systems, and general manager Howard Till is delighted with the improvements, the user-friendliness, and the consistently high level of support

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Tony Bennett from PGAs of Europe Goes Extra Miles for EDGA

Tony Bennett from PGAs of Europe Goes Extra Miles for EDGA

People     12:38 am, March 18, 2014

Tony Bennett, Director of Education at The PGAs of Europe, and his wife Sue have been cycling across Portugal and covering over 1,200km in aid of the European Disabled Golf Association

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La Manga Club Unveils Phase One of Academy Renovation

La Manga Club Unveils Phase One of Academy Renovation

Travel     12:36 am, March 18, 2014

La Manga Club’s plans to redevelop its driving range and practice facilities into one of the best teaching academies in the world are taking shape after the first phase of the major renovation was completed

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Trailed Mowers – the Salesman’s Perspective

Trailed Mowers – the Salesman’s Perspective

Corporate     12:35 am, March 18, 2014

If you are looking to purchase a trailed mower this spring what sort of things should you be looking out for? Jeremy Vincent, General Manager at The Grass Group, reveals what questions he is asked the most

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British Trolley Manufacturer Stewart Golf Celebrates 10 Years at The Top

British Trolley Manufacturer Stewart Golf Celebrates 10 Years at The Top

Corporate     12:34 am, March 18, 2014

The first deliveries were made in March 2004 and now in 2014 almost 10,000 machines have been made, every one by hand in Gloucestershire

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The First Trump Estates in the Middle East Unveiled

The First Trump Estates in the Middle East Unveiled

Property     12:09 am, March 17, 2014

DAMAC Properties has announced sales on the highly anticipated Trump Estates – a limited edition collection of more than 100 luxury villas set within the AKOYA by DAMAC master development in Dubai

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A bright future ahead for Chinese students on the PGA training programme

A bright future ahead for Chinese students on the PGA training programme

Management Topics     12:08 am, March 17, 2014

The international appeal of PGA qualification has been highlighted by three Chinese students aiming to make their mark in the sport.

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Robbie Gethin Associates Appoints Payze as New Non-Executive Chairman

Robbie Gethin Associates Appoints Payze as New Non-Executive Chairman

People     12:07 am, March 17, 2014

The specialist events transportation company, has appointed Philip Payze, formerly President of Volvo Cars Europe, as its non-executive Chairman

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Stamp of Approval for AGIF Turfgrass Management Expo

Stamp of Approval for AGIF Turfgrass Management Expo

Exhibitions & Conferences     12:06 am, March 17, 2014

The Asian Golf Industry Federation’s (AGIF) second Turfgrass Management Exposition has received an overwhelming vote of approval

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De Vere Enhances 365-Day Golf Offering as Course Investments Pay Dividends

De Vere Enhances 365-Day Golf Offering as Course Investments Pay Dividends

Corporate     12:05 am, March 17, 2014

Despite seeing almost 50% of 2013’s total rainfall in the last three months, course closures across De Vere resorts have fallen to a record low. The improved rates are as a result of sterling work from the skilled teams of greenkeepers and investments made on drainage, machinery and pathways

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Designing to Protect Water Resources

Designing to Protect Water Resources

Management Topics     12:04 am, March 17, 2014

Jason Straka, of Fry/Straka Global Golf Course Design, presents Seminar to Golf Course Superintendents Association of Cape Cod

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Yorkshire Golfer Hits Ace After Being Fitted For New Ball

Yorkshire Golfer Hits Ace After Being Fitted For New Ball

People     12:03 am, March 17, 2014

Second golfer in 10 days to hit hole-in-one with new Bridgestone ball

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Greg Norman’s The Bluffs Ho Tram Strip Opens for Preview Play

Greg Norman’s The Bluffs Ho Tram Strip Opens for Preview Play

Courses     12:02 am, March 17, 2014

Golf legend’s latest course in Vietnam is ‘comparable only to Ireland’s Doonbeg’, says Norman

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Sundog Eyewear Launches Cutting-Edge Lenses

Sundog Eyewear Launches Cutting-Edge Lenses

New Products     12:01 am, March 17, 2014

Golf-specific Mela-Lens® improves vision and alertness for golfers

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