Future of golf club secured following sale to members
The long-term future of a golf club has been secured following a sale to its members in a deal supported by a six figure bank funding package.
Family-run Ganstead Park Golf Club, which has been part of Hull’s golfing community for over 40 years, was put up for sale after the family made the decision to retire.
The club’s 400 plus members were offered first refusal to buy the club’s land and assets, an offer which was supported by 90% of the members who raised 25% of the purchase price.
HSBC supported the remaining 75% w... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
