Margaret Greenwood MP welcomes council decision to scrap £26m loan for Hoylake Golf Resort

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09 Jul 2019
Wirral 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.

At 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.

Wirral 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 the authority.

However, 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.”

Margaret Greenwood MP said:

“I am very pleased that Wirral Council has decided against approving a £26 million loan for the development of a golf resort in Hoylake.

“Since plans for the resort were first proposed, residents have contacted me in their hundreds to raise strong opposition to the project.

“People are concerned about plans to build luxury homes on precious greenbelt land.

“There are also real concerns that the area could be liable to flooding and that the development could pose a risk to local wildlife.

“I share the concerns raised by residents and I do not believe that the planned golf resort development is right for Wirral West.

“I am glad that councillors have listened to public opinion on this issue. This is great news for Wirral West.”

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