Margaret Greenwood MP welcomes council decision to scrap £26m loan for Hoylake Golf Resort
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/ Margaret Greenwood MP welcomes council decision to scrap £26m loan for Hoylake Golf Resort
09 Jul 2019
West MP Margaret Greenwood has welcomed a decision by the cabinet of Wirral
Council not to provide a £26 million loan for a golf resort in Hoylake.
a cabinet meeting on Monday, councillors unanimously rejected a proposal to
loan £26 million to the Jack Nicklaus Joint Venture Group for the development
of a hotel, two golf courses and 160 executive homes at the site in Hoylake.
Council had previously intended to provide financial support for the project,
with the view that the loan would generate around £2.5 million in interest for
in their report to cabinet, members of Wirral Council’s Business and Scrutiny
Committee recommended that the council’s “investment profile and limited
resources would be better served if this business venture was funded on the
open market, rather than through council borrowing.”
Greenwood MP said:
am very pleased that Wirral Council has decided against approving a £26 million
loan for the development of a golf resort in Hoylake.
plans for the resort were first proposed, residents have contacted me in their
hundreds to raise strong opposition to the project.
are concerned about plans to build luxury homes on precious greenbelt land.
are also real concerns that the area could be liable to flooding and that the
development could pose a risk to local wildlife.
share the concerns raised by residents and I do not believe that the planned
golf resort development is right for Wirral West.
am glad that councillors have listened to public opinion on this issue. This is
great news for Wirral West.”