Scottish Golf has this week published its financial figures for 2020 and it unfortunately makes for grim reading with a near £250,000 downturn in finances as a result of the coronavirus pandemic and a new digital strategy, according to a report in The Scotsman.
The report reveals that Scottish Golf’s accounts for 2020, which ended on September 30, “show a loss of £18,350 compared to a surplus of £226,382 in 2019.”
Despite golf courses closing down in England, Wales, Northern Ireland and Ireland, golf courses have remained open for play in Scotland as a result of First Minister Nicola Sturgeon adopting a different approach to the UK government based on the Covid guidelines in the country.
According to The Scotsman’s report on Scottish Golf’s latest accounts, the biggest factor in their financial loss was a result of a “significant reduction” in golf club membership income. Back in the initial…
— to www.golfmagic.com