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Ireland's sailing, boating & maritime magazine

Displaying items by tag: Tony Saliba

12th October 2014

Lough Erne Resort Sale to US 'Market Wizard' Confirmed

#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

Tagged under

New York Yacht Club’s biennial Invitational Cup

Ireland has a proud history in New York Yacht Club’s biennial Invitational Cup, with Irish participation from the very start and a podium result in 2019.

In 2009, two Irish Clubs, Royal St. George in Dun Laoghaire and Royal Cork in Crosshaven, entered into New York's newest sailing competition that was reminiscent of Newport’s America’s Cup days when 19 yacht club teams from 14 nations descended on this “City by the Sea”.

The Rolex New York Yacht Club Invitational Cup is a competition between yacht clubs, with strict eligibility rules ensuring that each team is comprised exclusively of amateur sailors.

The competition, which was first run in 2009, has drawn entries from 49 clubs from 22 nations on all six inhabited continents.

The New York Yacht Club won the inaugural event in 2009, with the Royal Canadian Yacht Club winning in 2011 and 2013, England's Royal Thames Yacht Club winning in 2015 and Southern Yacht Club from New Orleans winning in 2017.

In 2019 the regatta was sailed for the first time in the New York Yacht Club’s fleet of IC37 yachts, and Royal Sydney Yacht Squadron, from Australia, became the first Southern Hemisphere club to win the trophy. And it was in this edition that Anthony O’Leary’s Royal Cork team took the bronze medal.