US property mogul Donald Trump has bought up the five-star Doonbeg lodge and golf club for an estimated €15m.
The billionaire New Yorker, who has a range of golf interests around the world including Scotland, said today: “I am thrilled to announce that we have purchased yet another incredible golf resort, he said.
"Doonbeg is an already terrific property that we will make even better --- it will soon be an unparalleled resort destination with the highest standards of luxury,” said the chairman and president of the Trump Organisation.
It will be rebranded Trump International Golf Links, Ireland.
The Lodge at Doonbeg, consists of 218 hotel suites, an expansive spa and several restaurants all of which will be managed directly by the Trump Hotel Collection, Trump’s award-winning hotel management company
Receivers were appointed to the five-star Lodge at Doonbeg and Doonbeg Golf Club last month.
At the time, Luke Charleton and David Hughes, of EY, were appointed joint receivers to the business, said they were confident they would find a buyer.
Luke Charleton of EY said today: “There was a tremendous level of interest from domestic and international investors in this property. It is particularly pleasing to have sold this prestigious property to The Trump Organisation who have the vision and resources to take what is an internationally renowned tourism resort to its next stage.”
Late last year, the colourful billionaire launched an astonishing attack on Scotland's First Minister Alex Salmond, accusing him of being "hell bent" on destroying Scotland with wind farms.
The tycoon, who only four years ago described him as an "amazing man", claimed in an angry letter that he was single-handedly threatening to do "more damage to Scotland than virtually any event in Scottish history".
The outburst - which was hyperbolic even by his standards - followed Mr Salmond's claim that the American billionaire would eventually "get on board" with offshore wind farms.
The businessman is bitterly opposed to plans for 11 giant wind turbines off the coast of Aberdeenshire, which he claims will ruin the views from his new championship golf course on the Menie Estate north of Aberdeen.
He has previously announced that he plans to halt all new work on the pounds750 million project - including plans for a luxury hotel and holiday homes - until the project has been rejected by ministers.
The row escalated when he responded to comments by Mr Salmond at a renewable energy event on February 8, when the First Minister said wind farms were creating thousands of jobs and Mr Trump would get on board when Scotland was established as a world leader in green energy
(additional reporting The Telegraph)