Donald Trump's Aberdeenshire resort runs up losses for eighth consecutive year

[Botany]

Donald Trump’s inaugural Scottish golf resort has run up losses of more than £1.1 million, marking t
he eighth consecutive year the outgoing US president’s property has failed to turn a profit.

Newly published accounts lodged with Companies House show that Trump International Scotland in Aberdeenshire remains in the red, some 15 years after its incorporation.

The accounting period covers the 12 months to December 31, 2019 and does not reflect disruption to the business as a consequence of the coronavirus pandemic.

snip

In December, NatureScot, Scotland’s nature agency, announced the coastal dunes on which Mr Trump’s resort was partly built had lost their special protected status.

https://www.scotsman.com/news/uk-news/donald-trumps-aberdeenshire-resort-runs-losses-eighth-consecutive-year-3082149

Scotland should seize the land back and restore the dunes. Trump promised thousands of job @ his golf course and
it has produced about 100 full time jobs 1/2 of which are as caddies.

[RainCaster]

1. This is a LOSER in action

Scotland should reclaim that land, restore the dunes, and charge him for it.

[LakeVermilion]

2. They are only losses if he pays the bills...

Just sayin'.

[Siwsan]

3. The only thing he seems to have made money on is being in The White House.

And given how much he owes, elsewhere, he'd better have that $$ stashed somewhere secure. He'll need it for legal fees because no truly competent, law abiding lawyer should ever represent him, again, without getting a massive retainer, up front.

[Botany]

5. "The only thing he seems to have made money on is being in The White House."

You forgot the money the Trump companies make by money laundering through their
properties ..... and I am willing to bet most of that is "off the books."

[brush]

6. He breaks even by charging the treasury for all his golf outtings here.

He takes a slew of people with him and charges high ass lodging, meals and cart rental rates for the Secret Service.

What a crook.

[samnsara]

4. my dtrs new in laws live in Aberdeen..Lordy they all hate trump* in that town..

[Botany]

7. Trump replaced this with a golf course. Fuck him.

[soothsayer]

8. Somehow it's laundering money tho

[Firestorm49]

9. How does he manage to stay in business? It's one business after another. Follow the money!

[Botany]

10. The "businesses" lose money but does that stop the Trumps from skimming off the top?

Trump has also financed his businesses on a ton of debt too. The story is that he is
1 billion + in debt to Russia (Deustche Bank), China, and Saudi Arabia too.