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Charlesland closing December 31st

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Comments

  • #52
    Ollieboy
    Registered Users, Registered Users 2 Posts: 3,070 ✭✭✭Ollieboy


    twounderpar wrote: »
    The Royal and Ancient have given grants to 110 golf clubs as part of Covid 19 support fund. €600,000 was given out which averages at less than €6000 per club.
    Certain conditions had to be met in order to qualify including the club needing extra funds in order to continue offering golf facilities to members.
    The majority of clubs were along the western seaboard from Kerry to Donegal.
    Surprised to see Sutton and Balbriggan qualifying for the grant.

    Im amazed if they qualify!

    Clubs who were successful in their application will receive a grant, ranging in value, and have met specific criteria including the following:

    The club is eligible for relief from income tax and corporation tax for clubs under the exemptions provided for Games/Sporting bodies in ROI and clubs registered under the Registration of Clubs Act in NI.
    The club is member owned.
    The club is in urgent need of The R&A funding in order continue to provide facilities for the normal playing of the game for their members and visitors.
    The club has no entrance fee or an entrance fee of less than €1,500/£1,500.
    The club’s membership income is lower than €600,000/£535,00 and/or green fee/society revenue is lower that €100,000/£90,000 as reported in the clubs 2019 financial statements.
    The club does not provide a financial return to stakeholders/owners.
    The club's subscriptions are paid up to date for 2020 to both the GUI & ILGU.


  • #53
    twounderpar
    Registered Users Posts: 111 ✭✭twounderpar


    The other Dublin clubs to receive grants were Donabate,Skerries, Balcarrick and Slade Valley.


  • #54
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    twounderpar wrote: »
    The Royal and Ancient have given grants to 110 golf clubs as part of Covid 19 support fund. €600,000 was given out which averages at less than €6000 per club.
    Certain conditions had to be met in order to qualify including the club needing extra funds in order to continue offering golf facilities to members.
    The majority of clubs were along the western seaboard from Kerry to Donegal.
    Surprised to see Sutton and Balbriggan qualifying for the grant.

    Why are you surprised? They obviously fulfilled the criteria set down?


  • #55
    twounderpar
    Registered Users Posts: 111 ✭✭twounderpar


    I was surprised because I thought with the recent huge increase in golf membership that both of these clubs would have been well placed to take full advantage of this situation and would not be in urgent need of funds to continue offering facilities for the normal playing of the game.

    Anyway, the size of the grant...an average of €6000 isn't going to make much difference one way or the other.


  • #56
    Ollieboy
    Registered Users, Registered Users 2 Posts: 3,070 ✭✭✭Ollieboy


    twounderpar wrote: »
    I was surprised because I thought with the recent huge increase in golf membership that both of these clubs would have been well placed to take full advantage of this situation and would not be in urgent need of funds to continue offering facilities for the normal playing of the game.

    Anyway, the size of the grant...an average of €6000 isn't going to make much difference one way or the other.

    It’s based on 2019 accounts so if someone tells me that Sutton is turning over less then 600k per year I’m shocked. They have 600 members with subs around 1400 and green fee is 70. Something does not add up.

    Even 100k in green fees for a Dublin club would be a minimum income.

    Donabate and Balcarrick income could be this low and maybe Skerries would be as it’s only has 9 holes. But Sutton shocks me. Even the bar income would be decent at Sutton and I thought they had a entrance fee?

    Im sure any members here Of these clubs can confirm anyway.


  • #57
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Ollieboy wrote: »
    It’s based on 2019 accounts so if someone tells me that Sutton is turning over less then 600k per year I’m shocked. They have 600 members with subs around 1400 and green fee is 70. Something does not add up.

    Even 100k in green fees for a Dublin club would be a minimum income.

    Donabate and Balcarrick income could be this low and maybe Skerries would be as it’s only has 9 holes. But Sutton shocks me. Even the bar income would be decent at Sutton and I thought they had a entrance fee?

    Im sure any members here Of these clubs can confirm anyway.

    Skerries is an 18 hole course. Sutton is only a 9 hole course.


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