Question: How do you make a small fortune out of golf?
Answer: Start with a big fortune and build a golf course.
It’s an old joke but worth repeating for two very good reasons. This week we carry news of a new marketing campaign for Blarney Golf Resort, now on the market for a mere €7m., which is a fraction of what the Resort cost to develop.
Also, thanks to ‘The Sunday Times’, we carry a ‘sneak preview’ of Golf’s Rich List, due for publication on 6th May, headed by Sir Nick Faldo with £34m, who is estimated to have added £2m to his fortune in the last year. The list makes fascinating reading and carries a cautionary tale of what can happen when you buy the wrong sort of executive jet!
Geoff Russell, Editor