Trump's Scotland Golf Course Is Hemorrhaging Money And May Not Survive

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Another one of Donald Trump's businesses might soon be facing closure as new reports reveal that his golf course in Scotland is losing an obscene amount of money, year after year. Trump International Golf Course Scotland lost nearly a million dollars last year, after losing close to $900,000 the year before, and he continues to dump money into the failing property. Without his power as President to keep it afloat, he can't seem to get anyone to want to play there. Ring of Fire's Farron Cousins explains what's happening.

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*This transcript was generated by a third-party transcription software company, so please excuse any typos.

Yeah, I've had a lot of people ask me questions, uh, whenever I do like a q and a. You know, what happens when Donald Trump is gone? What happens to his sons? Does the business carry on? And I think we have a very good example right now of what happens when Donald Trump is not directly involved in his business. And the answer coming from Scotland is that, holy crap, his sons are horrible at this. According to a new report, the Trump International Golf Club in Scotland lost nearly $1 million last year after losing nearly $900,000 the year before. Now, the reason that that is so painful for the Trump organization is because of this accounts for the Trump owned golf recreation. Scotland, which owns the larger Turnberry Golf course in our shower, are overdue from last year. The newspaper reported, and this is of course, recording according to the telegraph in the, uh, United Kingdom revenues for Aberdeen actually jumped by nearly 75% to nearly 4.6 million in 2022, with more than 1.27 million in gross profits.

But the company was dragged under by more than 1.9 million in administrative expenses. Donald Trump, Jr. And Eric Trump, are listed as sole directors of Trump International Golf Club, Scotland, uh, but the course owes more than 60 million in interest free loans to the former president. So Eric and Don Jr. Are sole directors of that golf course over in Scotland. And year after year, they're losing money because of administrative costs. They, they pulled in millions, but they're still spending more than they're bringing in somehow. I mean, it's a golf course. I know there's a lot of upkeep. You gotta pay your employees, you gotta resort there, all of that. But still, you can't turn a profit on it. So what happens when Donald Trump is gone? I mean, I don't think Donald Trump's a very good businessman. I think all of the bankruptcies in his past are kind of evidence of that.

But at least with real estate, with like running a golf course, he can do that, but his kids can't. They're dragging it under because they cannot get their costs under control. So this is not a good omen for the future of the Trump organization. You know, whether it's being thrown in jail or just nature catching up with him, eventually Donald Trump is going to be gone, and these two idiot fail sons are gonna be the one running everything or whatever's left after the New York fraud trial. And they're, they're already showing us that they can't do it. This is the beginning of the end, I believe, for the Trump Empire and his two kids. If they stay this bad at business, they run a very significant chance of leaving this world without a dime to their names.