Turnberry Is In The News A Lot These Days!
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Unfortunately, as wonderful as the reimagined golf courses and hotel look, the Trump Organization-owned resort and current (glaring) outcast from Open Championship rota is the subject of interest from multiple parties.
A Times of London story, summarized by Business Insider’s Alexandra Ma, says U.S. prosecutors have issues subpoenas to DJT Holdings LLC, a company that owns President Donald Trump's golf courses in Scotland. The investigation centers around possible violation of the emoluments clause in the Constitution and financing of Turnberry.
Prosecutors in Maryland in December subpoenaed documents related to properties controlled by DJT Holdings LLC, a company that owns Trump's hotel in Washington, DC, and resorts in places like Turnberry, Scotland. You can read the full filing at the bottom of this article.
The documents are part of an investigation into whether Trump still profits from his businesses. It focuses on Trump International Washington, an old post office building in the US capital that Trump converted into a luxury hotel in 2016.
Meanwhile David Enrich, Jesse Drucker and Ben Protess of the New York Times reported last weekend that Trump was turned down by longtime lender Deutsche Bank for a loan during early 2016 when the work at Turnberry was wrapping up prior to its summer, 2016 re-opening (which I reviewed here for GolfDigest.com).
Two of the people familiar with the loan request said the Trump Organization had been seeking to borrow against its Miami resort to pay for work on a golf property in Turnberry, Scotland.
A Trump Organization spokeswoman, Amanda Miller, denied that the company had needed outside funding for Turnberry.
“This story is absolutely false,” Ms. Miller said. “We bought Trump Turnberry without any financing and put tens of millions of dollars of our own money into the renovation, which began in 2014. At no time was any money needed to finance the purchase or the refurbishment of Trump Turnberry.”
This may not be the ideal time to pitch Turnberry for the next Open rota spot in 2022.
