UK's 46th Richest Man To Buy Woolton GC

The man behind a potential bid to buy Woolton Golf Club has been revealed as an elderly property magnate, who is ranked 46th on the UK Rich List.

It is understood that businessman Eric Grove, 84, is the man who is going to buy the 45-acre south Liverpool golf course in order to turn it into a housing estate.

Golf club members have said that the former Coventry City FC director has visited the course to personally assess the viability of the purchase.

Meanwhile the management at Woolton Club are staying tight-lipped about the deal, which includes a proposal to move their private club to Allerton Golf Course, which is the city’s only remaining municipal course.

Allerton members and management are perplexed by the proposal, as they understand that their course is legally prohibited from operating as a private members club, and must remain open to all.

According to the Liverpool ECHO, the deadline for members of Woolton to vote on whether or not to go ahead and sell is today, so we will be keeping a keen eye on developments.

Eric Grove is an industry veteran in the development field, so to speak. He founded Warwick based Catesby Estates in 2005, and sold this on last year to Urban amp Civic last year in a £434 million deal.

Grove made his original fortune by setting up a residential property business, and then selling out to the UK-wide house builder Alfred McAlpine 20 years later, making some £40 million on the deal.

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