Wentworth Sold To Chinese Group For £135 Million
/The home to the European Tour has undergone many renovations, most notably under the seller Richard Caring's supervision. Caring famously had to defend the work that he drove and which Ernie Els carred out (and here and here).
Zoe Wood of the Guardian reports.
"Wentworth is a key strategic acquisition for our rapidly growing luxury lifestyle division," said Dr Chanchai Ruayrungruang, who founded the group behind China's first private golf club. He said Reignwood would draw on the club's "exceptional expertise" to inform its other golf operations across Asia and preserve its unique culture. "Reignwood has a long history in golf development and a profound respect for excellence," he said.