Golf Club Ibar Golf Course 10th September 2009

This is the Ibar golf course, not far from Sofia, the video is over a year old but things have not changed.This was a Jack Niklaus designed course, but they have run out of money and work has come to a halt.It has been reported that the houses will have to be demolished as they are illegal.As I have warned before this just illustrates the herd instinct of Bulgarian entrepreneurs who thought that golf was a licence to print money, unfortunately its also a licence to lose it big time !.