Wentworth sold to Chinese-owned business for £135m

Chinese-owned company Reignwood Investments splashwa out £135m to buy Surrey's Wentworth golf club - one of the most famous and historic courses in England.

Historic English golf club Wentworth has been sold to a Chinese-owned company for a figure of £135m.

The Surrey venue has been home to the BMW PGA Championship, the biggest event on the European Tour, since 1984 and previously hosted the HSBC World Match Play Championship from 1964 until 2007.

Reignwood Investments have parted with a nine-figure sum to acquire the site, which has three 18-hole courses, and previous owner Richard Caring has promised that the club is "in great hands for the next chapter in its amazing story".

Chanchai Ruayrungruang, founder of the Chinese-owned Reignwood Group, added: "Wentworth is a key strategic acquisition for our rapidly growing luxury lifestyle division, whose unique culture we are dedicated to preserving."

Wentworth hosted the Ryder Cup in 1953 and is also the location of the European Tour headquarters.

Share this article now:
Rory McIlroy of Northern Ireland reacts during the third round of the 78th Masters Golf Tournament at Augusta National Golf Club on April 12, 2014
Read Next:
McIlroy: "I'm a little fatigued"
You May Like
Recomended from Sports Mole

Loading ...

Failed to load data.

Subscribe to our Newsletter

Transfer Talk Daily
Match previews - twice weekly
Morning Briefing (7am UTC)
Ultra close-up image of Kevin De Bruyne [NOT FOR USE IN ARTICLES]Get the latest transfer news, match previews and news direct to your inbox!
Login, I already have my ad-free pass
Log in with Facebook to customise Sports Mole
Buy ad-free access (show me the options)
Buy monthly ad-free access for £1.20/month
Buy yearly ad-free access for £12 (2 months free)
Settings - Logout - Manage your account
Settings - Logout - Manage your account