Members lift Wexford golf club out of rough

St Helen's Bay Golf Resort has been bought out of receivership by a consortium of its members.

Ian Kehoe - avatar

Ian Kehoe

21st September, 2014
A consortium of club members has bought St Helen's Bay Golf Resort in Wexford out of its receivership.

St Helen's Bay Golf Resort, a scenic golf course that hugs the Wexford coastline, has been bought out of receivership by a consortium of its members.

The consortium, acting through a company called Bing Bay Holdings, has clinched a deal to acquire the golf estate from a bank-appointed receiver, Grant Thornton accountant Steve Tennant.

Danske Bank, the Danish-owned lender that is scaling back its Irish exposure, took control of St Helen's last November after calling...

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