The Northern Ireland economy, Golf is now worth over £2.5m a week it has emerged.
The popularity of the sport here has been boosted because of the Major-winning successes of Graeme McDowell, Darren Clarke and Rory McIlroy. The highlighted fact is a £130m golf industry of Northern Ireland now supports over 2,200 jobs.
A fresh research, which is a first of its kind made by the Confederation of Golf in Ireland (CGI), highlights a fact. The fact is that the main beneficiary of the funds is club membership, equipment and hospitality.
Nevertheless, it is also important to note that the figures for Northern Ireland, are dwarfed by the Republic, these those people who take golf very seriously. Here the enthusiasts of golf, spend approximately £328m in a year. And the sport is their favorite past-time. The fact is, out of the Republic’s total consumer spending, golf is responsible for 0.4% and the amount is 17% on sport generally.
The study made by the Satellite Account for Golf (SAFG) in the Republic of Ireland revealed that in the country, there were 103,000 golfers present who are adult, while the Republic has approximately 281,000. (more…)