The K Club is now fully owned by Dr Smurfit after he bought out property developer Gerry Gannon’s 50% share. Photograph: David Cannon/Getty

Financial statements signed off last month by the directors of the K Club show that the luxury Kildare golf resort owned by Michael Smurfit made a los(...)

Photograph: David Cannon/Getty Images)

Fore! The Smurfits appear to have have written down the value of the K Club golf resort in Straffan by €16.2 million to €67 million. Being a canny fin(...)

The 537-yard, par-five, 18th hole on the Palmer Course, before the 2006 Ryder Cup, which was hosted by the K Club. Photograph: David Cannon/Getty Images.

GORDON DEEGANLosses continued to mount at the group that operates the five-star K Club golf resort in 2011 as pre-tax losses totalled €6.59 million.Ac(...)