Council privately plans to sell golf club it spent £10m on for just £2m
Questions are being asked after it emerged a council faces losing millions on a golf club it spent £10m on but is selling for just £2m.
Breckland Council bought Barnham Broom Golf and Country Club in a controversial deal in 2006 for £7m. It then spent another £1.2m on taxes and a further £2m doing it up.
The council first tried to sell the venue in 2018 to the current tenants for £6.5m, but since then its value has collapsed further and according to council papers, it is planning to sell the “