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Displaying items by tag: Tony Saliba

#InlandWaters - The Belfast Telegraph has confirmed the purchase of the Lough Erne Resort golf course by American billionaire businessman Tony Saliba.

As perviously reported on Afloat.ie, speculation was rife that the Chicago-based 'market wizard' was interested in snapping up the Co Fermanagh hotel and championship golf course, priced at a bargain £10 million after going into administration in 2011.

Now administrators with KPMG have confirmed that the five-star resort – with its Nick Faldo course that will host the 2017 Irish Open – has been sold to a private hospitality company led by an investment firm connected with the Saliba family.

The Belfast Telegraph has more on the story HERE.

Published in Inland Waterways

William M Nixon has been writing about sailing in Ireland and internationally for many years, with his work appearing in leading sailing publications on both sides of the Atlantic. He has been a regular sailing columnist for four decades with national newspapers in Dublin, and has had several sailing books published in Ireland, the UK, and the US. An active sailor, he has owned a number of boats ranging from a Mirror dinghy to a Contessa 35 cruiser-racer, and has been directly involved in building and campaigning two offshore racers. His cruising experience ranges from Iceland to Spain as well as the Caribbean and the Mediterranean, and he has raced three times in both the Fastnet and Round Ireland Races, in addition to sailing on two round Ireland records. A member for ten years of the Council of the Irish Yachting Association (now the Irish Sailing Association), he has been writing for, and at times editing, Ireland's national sailing magazine since its earliest version more than forty years ago