Latest news with #DenisOBrien
Irish Times
2 days ago
- Business
- Irish Times
Denis O'Brien-owned Camiral in Spain to host Ryder Cup in 2031
The Ryder Cup will return to Spain in 2031 after the Costa Brava resort of Camiral, owned by Irish billionaire Denis O'Brien and his wife Catherine, was confirmed as the host venue. It will be the second time the biennial event has been staged in the country, after Valderrama in 1997. The news was announced by the European Tour Group on Tuesday. It will only be the fourth time the tournament will have been played in continental Europe after Paris (2018) and Rome (2023) followed Valderrama as hosts. This year's Ryder Cup takes place at Bethpage Black in New York in September. Adare Manor in Limerick, Ireland will be the venue in 2027 and Hazeltine, near Minnesota in 2029. Camiral was formerly known as PGA Catalunya, which has hosted several DP World Tour events, including the Spanish Open. Guy Kinnings, chief executive of the European Tour Group, said: 'Today's announcement not only recognises Camiral as one of Europe's leading venues, but also the considerable contribution Spanish golf has made to the proud history of the Ryder Cup. 'The Ryder Cup has grown significantly since Spain last hosted it in 1997. It is one of the world's leading sporting events, which brings significant economic benefits and global exposure to a host region and country, so we could not be happier to be taking it to Costa Brava and Barcelona for the first time, and to Spain for the second time.' Eleven Spaniards have represented Europe throughout the competition's history and Seve Ballesteros famously captained the team to victory over the United States at Valderrama. Camiral, which is close to Girona and around an hour's travel from Barcelona, has also been confirmed as the host of the Estrella Damm Catalunya Championship on the DP World Tour from 2028-30. Jose Manuel Rodriguez Uribes, president of Spain's national sports council, said: 'The Government of Spain welcomes the selection of Camiral as the host venue for the 2031 Ryder Cup – a global sporting event that will showcase our country to millions of viewers around the world. 'The Ryder Cup is not only one of the most prestigious competitions on the international sporting calendar, but also an exceptional platform to demonstrate Spain's ability to successfully host major 21st-century events, combining world-class infrastructure, unparalleled natural environment and a globally renowned tourism, cultural and culinary offering.' Juan Guerrero-Burgos, president of the Royal Spanish Golf Federation, said: 'It is an honour for Spain to host the Ryder Cup for the second time in history. 'The previous experience at Valderrama in 1997 was extraordinary. The economic impact, media coverage and more importantly, the legacy to our sport, tourism and awareness of golf in our country were unbelievable.'
Yahoo
6 days ago
- Sport
- Yahoo
2031 Ryder Cup to be hosted in Girona, Spain, says Catalan golf federation
Barcelona, Spain (AP) — The 2031 Ryder Cup will be held in northeastern Spain, the president of the Catalan golf federation has told The Associated Press. Ramon Nogué, president of the Catalan golf federation, told the AP by phone Friday that 'next week it will be official' that Girona will be announced as the host of the golfing event between the best male players of Europe and the United States. The choice of Girona's Camiral Golf course was first reported by Spanish newspaper La Vanguardia. 'Any announcement in relation to future editions of the Ryder Cup will be made in due course,' Ryder Cup Europe said. The Camiral resort, which was previously called PGA Catalunya, has hosted European Tour events and the Spanish Open. It has been owned by Irish businessman Denis O'Brien since 2008. Irish media have reported that O'Brien has invested tens of millions of euros in upgrades to the courses and the hotel, as well as accommodation on the property. This will be the second time for Spain to host the Cup after Valderrama in 1997, and just the fourth time it will be played in continental Europe after Le Golf National outside Paris in 2018 and Marco Simone outside Rome in 2023. The Ryder Cup is closely tied to Spain because of European team stalwarts Seve Ballesteros, José María Olazábal and Sergio García. This year's Ryder Cup will be held at Bethpage Black in New York in September. The next one staged in Europe is in 2027 at Adare Manor in Ireland. ___ AP Sports Writer Steve Douglas in Portrush, Northern Ireland, contributed to this report. ___ AP golf: Joseph Wilson, The Associated Press
CTV News
6 days ago
- Sport
- CTV News
2031 Ryder Cup to be hosted in Girona, Spain, says Catalan golf federation
The Ryder Cup logo during a captains press conference in New York, Tuesday, Oct. 8, 2024. (AP Photo/Heather Khalifa, file) Barcelona, Spain — The 2031 Ryder Cup will be held in northeastern Spain, the president of the Catalan golf federation has told The Associated Press. Ramon Nogué, president of the Catalan golf federation, told the AP by phone Friday that 'next week it will be official' that Girona will be announced as the host of the golfing event between the best male players of Europe and the United States. The choice of Girona's Camiral Golf course was first reported by Spanish newspaper La Vanguardia. 'Any announcement in relation to future editions of the Ryder Cup will be made in due course,' Ryder Cup Europe said. The Camiral resort, which was previously called PGA Catalunya, has hosted European Tour events and the Spanish Open. It has been owned by Irish businessman Denis O'Brien since 2008. Irish media have reported that O'Brien has invested tens of millions of euros in upgrades to the courses and the hotel, as well as accommodation on the property. This will be the second time for Spain to host the Cup after Valderrama in 1997, and just the fourth time it will be played in continental Europe after Le Golf National outside Paris in 2018 and Marco Simone outside Rome in 2023. The Ryder Cup is closely tied to Spain because of European team stalwarts Seve Ballesteros, José María Olazábal and Sergio García. This year's Ryder Cup will be held at Bethpage Black in New York in September. The next one staged in Europe is in 2027 at Adare Manor in Ireland. ___ Joseph Wilson, The Associated Press AP Sports Writer Steve Douglas in Portrush, Northern Ireland, contributed to this report.
Irish Times
7 days ago
- Business
- Irish Times
Digicel eyes €2bn refinancing as junk bond yields slide
Digicel , the Caribbean-based telecoms company founded by Denis O'Brien , has hired investment bankers at JP Morgan to help organise a potentially imminent refinancing of $2.3 billion (€2 billion), according to sources. Bloomberg reported in recent days that a refinancing deal could be launched within weeks. A spokeswoman for Digicel, which is based in Jamaica and operates in 25 markets, declined to comment. Fitch Ratings last month awarded Digicel's main financing entity a credit rating of B, the most favourable assessment it has made of the group's creditworthiness in six years, saying it was on track to refinance the borrowings more than a year in advance of their scheduled maturity in May 2027. That credit rating is still considered below investment grade. READ MORE The prospect of Digicel carrying out its first big refinancing since a debt restructuring closed in 2024 has been boosted by the US department of justice confirming to the group in April that it has ended an investigation that was looking into whether the business had breached foreign bribery laws. It has also been helped by interest rates on US high-yield, or junk, bonds falling considerably in recent months. The ICE BofA US High Yield Index for B-rated companies, a benchmark for low-rated companies, has fallen to a little over 7 per cent from 8.7 per cent in early April. While bond and equity markets had wobbled earlier this week as Donald Trump raised the prospect of firing Federal Reserve chairman Jerome Powell, calm returned when the US president clarified he had no such plans. David McWilliams on how 'big incentives' to build could save Dublin city Listen | 36:51 Digicel said in November that it had made a voluntary disclosure to the department of information 'relating to possible violations of the US Foreign Corrupt Practices Act' (FCPA). The Digicel disclosure to US authorities is said to relate to activities in Haiti, which has again descended into chaos in recent years as criminal gangs have grown in power. Armed gangs control almost all of the country's capital, Port-au-Prince. The decision by US authorities to close the case was due to a combination of information gleaned during the investigation, as well as a move by Mr Trump in early February to pause FCPA enforcement actions. The debt restructuring that completed in January 2024 meant Mr O'Brien handed over a 90 per cent share in the business to a consortium of bondholders led by PGIM, Contrarian Capital Management, and GoldenTree Asset Management took control of Digicel in January 2024 as they swapped $1.7 billion of its borrowings for a 90 per cent holding. It marked the group's third debt restructuring in five years.
News24
09-07-2025
- News24
Irish sports legend put an iPhone charger up his nose in cancer scam scheme
One of Ireland's biggest sporting legends has stunned the nation by admitting to scamming people out of millions by pretending he had cancer. DJ Carey, a celebrated hurling star, recently pleaded guilty to 10 counts of deception at Dublin's Criminal Courts of Justice for faking illness to solicit money under false pretences. As part of his ruse, the 54-year-old shared an image of himself lying in bed with an iPhone charging cable taped under his nose to mimic a nasal oxygen tube. The court also heard how Carey targeted victims using a series of letter templates. 'Basically they were letters looking for help. He had one [relating to] Revenue, and he would send them to people in business who had issues with Revenue and they would be sympathetic. He had one related to the banks, saying 'the banks were at him' and that was for people who he knew had issues with the banks,' a state witness said. 'Then he had the one about cancer and sympathy. He sent that out to people who he knew either had cancer themselves or were bereaved because of cancer. He was sending them out to everybody.' READ MORE | New recruitment platform aiming to protect job seekers from scams enters the market Carey, who fell into debt in 2011, faked his illness from 2014 to 2022, during which time he even conned Irish billionaire Denis O'Brien into giving him millions. O'Brien was among the 13 complainants involved in the case. Carey's lawyer acknowledged he had lied about having cancer but argued he does suffer from genuine health conditions, including a heart condition that required surgery. Carey will be sentenced on 29 October and could face years in jail if convicted. It's a disgraceful end to a man hailed as a national icon and who has been described as the 'first superstar' of hurling – a stick-and-ball field game of ancient Gaelic origin. In a bizarre twist, his sister Catriona Carey (48) has also faced fraud-related charges. A trained accountant and former international hockey player for Ireland, she appeared in court earlier this year on multiple money laundering charges linked to a financial services firm she operated.
