Ballyneal Auction Update
/Pete Finch updates us on the financial affairs of bankrupt Ballyneal and it's awkward. The course goes to auction March 7 with $1.7 million in debt.
In an interesting twist, that secured lender is Colorado computer executive John C. Curlander, brother-in-law to Rupert O’Neal.
Curlander’s plan is to buy the property out of foreclosure and keep the club running, reports Ballyneal General Manager Matt Payne. “John is going forward as owner alone and will not be seeking help, guidance or advice from Rupert,” Payne wrote in an email to me.
Like I wrote above. Awkward.