The losses from the field of former president’s golf from the United States donald trump in the Scottish Highlands almost doubled in 2023up to more than 1.7 million dollarsaccording to figures published in the United Kingdom commercial register, Companies House.
Increased losses despite significant loan
The field located on the Menie estate, in Balmedie, near the city of Aberdeen, recorded these annual losses in the year that ended on December 31, 2023 despite having received a loan of 6.3 million dollars from Trump’s company, DJT Holdings.
In 2022, the losses had been 957 thousand 972 dollars, lthe children of trumpEric and Donald Jr., They are directors of the facility, while the former president remains registered as “person with significant control“.
The loan of 6.4 million dollars for this development raises the total loans from DJT Holdings to 15.3 million dollars.
Although revenues increased slightly from $4.6 million to $4.7 millionthe field is still in red numbers.
The club was headquarters in August of the PGA (Professional Golfers’ Association) Veterans Championship.
Family commitment to the long-term project despite the challenges
Eric Trump assured in a signed statement in the accounts that the owners are committed to the project and they trust that the investments made will have a positive impact in the medium and long term.
The golf course was given to Trump’s children shortly before he assumed the presidency in 2017 and was inaugurated amid a strong opposition for its impact on the environment, specifically for the damage to what was a Site of Special Scientific Interest (SSSI).
Opening of the new MacLeod Course in summer
The farm will inaugurate a new field of 18 holesthe MacLeod Course, in honor of the mother of trumpMary, who was born on the Scottish Isle of Lewis, next summer and will have the “sand dunes largest in Scotland”, according to the club.
Furthermore, the Trump family is owner from the resort trump Turnberry in Ayrshire, which increased their profits last year, going from to 241 thousand 475 dollars in 2022 to 4.9 million of dollars.
Trump is the republican candidate in the US elections against the Democrat Kamala Harris the next November 5.
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