Perthshire Advertiser

Club won’t escape financial fall-out from pandemic

-

One of Scotland’s top golf clubs is braced for six-figure losses triggered by the COVID-19 crisis.

Blairgowri­e Golf Club members have been warned visitor income is expected to nosedive this year.

The Perthshire club, which hosted the 2014 Junior Ryder Cup, will be forced to dig deep into its reserves to balance the books.

The Rosemount and Lansdowne courses are magnets for golfers and the club projected £400,000plus being teed-up this year by visiting groups.

Blairgowri­e is now reporting a flood of inquiries for tee-times over the summer but managing secretary Steven Morgan has cautioned that the club will not escape the financial fall-out from the pandemic.

“We have had to take some difficult decisions to ensure the club comes out of the current situation as financiall­y sustainabl­e as possible,”he said.

“But the reality is that we are facing a six-figure financial loss, which will impair our balance sheet and have a big impact on the £250,000-plus cash reserves we had built up prudently over the last few years.”

With Scotland’s golf courses only recently given the green light to open-up, by the end of May visitor income had already taken a £90,000 hit.

With stay-cations on the cards for many this summer, Mr Morgan is confident visitors will continue to enjoy the Blairgowri­e experience.

“I’m delighted to say visitor bookings are picking-up as the Scottish Government relaxes its guidelines for social distancing,”he said.

“While we are not yet in a position to accurately forecast visiting income through to September, we anticipate a significan­t shortfall.

“But we are looking forward to confirmati­on that we can return to fourballs and we hope to resurrect a decent amount of visiting parties over the summer. They are key to the financial picture at Blairgowri­e.

“If we can achieve our amended targets the committee is hopeful we will, just, manage to see us through to the end of the financial year.”

 ??  ??

Newspapers in English

Newspapers from United Kingdom