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Kingsbarns Golf Links (Cambo)
Developer with 'controlling interest' in KGL says "ownership structure of Kingsbarns has not changed."
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It's business as usual at Kingsbarns Links

Rosemary Dewar, The Citizen, 29 November 2007

There has been no change of ownership at Kingsbarns Golf Links.

That has been made clear by one of its co-owners, David Wasserman, whose company wishes to develop the former university residence, Hamilton Hall, overlooking St Andrews' Old Course.

This week the Citizen contacted Mr Wasserman, of Rhode Island-based Wasserman Real Estate Capital LLC, after reliable sources in the golfing community reported that he had bought out partner Art Dunkley's share in the seven-year-old championship course used in the Dunhill Links Championship and on the PGA European Tour schedule.

Speaking from the States, Mr Wasserman told the Citizen: "The ownership structure of Kingsbarns has not changed.

''Art and I still have co-ontrol. There has been no buyout nor exchange of shares."

In August 2005, Wasserman announced its co-controlling interest in Kingsbarns Golf Links not long after introducing its plans for developing "The St Andrews Grand" in the iconic red sandstone, former university residence overlooking the 18th hole on the Old Course.

The terms of the deal were not disclosed and, at the time, the company put its completion date as Spring 2008.

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