• De Vere bids for exclusive golf club

The Times has reported that De Vere, part of the Alternative Hotel Group, is reputed to have bid up to £35m for Loch Lomond Golf Club, the venue for this week’s Barclays Scottish Open. A committee of the club’s most influential members have also put in a bid.

Leisure entrepreneur Peter de Savary is also believed to have registered his interest. The club’s membership committee is opposed to the proposed sale to De Vere, which owns the nearby Cameron House hotel and Carrick golf course. They said De Vere would open Loch Lomond up to any golfers. The committee has also accused Lloyds Banking Group of a conflict of interest. As well as controlling Loch Lomond, Lloyds recently took control of the Alternative Hotel Group in a £650m debt-for-equity swap. De Vere and Lloyds refute the claims.

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