Trump Aberdeen Has Racked Up £9.4 Million In Losses Since Opening
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The once vaunted Trump International Links near Aberdeen has 77 staffers and last year lost , it’s seventh consecutive year failing to profit, reports The Scotsman’s Martyn McLaughlin.
The Martin Hawtree design, where a second course was recently approved for construction, had been projected to generate as many as 6000 jobs after construction of homes and a second course.
The company remains reliant on interest free loans provided by Mr Trump worth £40.6m. The latest filings mean that Mr Trump's resort, which he promised would be the "world's greatest," has now run up cumulative losses of more than £9.4m.
In the previous accounts, covering the 12 months to the end of December 2017, its losses ran to £1.25m, with turnover standing at £2.54m. It employed 84 staff.
The latest accounts, signed off by the Trump Organisation's auditors in Scotland, Johnston Carmichael, cover the 12 months to the end of December 2018. They show the employee headcount has since fallen to 77.
