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There is no truth to the rumor that Michael Smurfit, who brought the Ryder Cup for Ireland last week, will sell the K Club. Several entities have expressed an interest in buying it, but he turned down all offers. In an interview he shared that it is a „hereditary thing“ for him and that he wants it to go to his descendants. Smurfit has 6 children and 12 grandchildren with another one on the way.
He has set up a trust that will make it very hard for future generations to sell the club. He owns it jointly with Gerry Gannon, who holds 49%. Smurfit says that if he ever decides to sell the club, it will be to his business partner Gannon.
Smurfit is very happy about bringing the Ryder Cup to his country. The other great achievement in his life was the takeover of the Container Corporation of America in 1987, which augmented his business career. The latter achievement was in golf, but Smurfit maintains that these are two things apart.