#InlandWaters - The Belfast Telegraph has confirmed the purchase of the Lough Erne Resort golf course by American billionaire businessman Tony Saliba.

As perviously reported on Afloat.ie, speculation was rife that the Chicago-based 'market wizard' was interested in snapping up the Co Fermanagh hotel and championship golf course, priced at a bargain £10 million after going into administration in 2011.

Now administrators with KPMG have confirmed that the five-star resort – with its Nick Faldo course that will host the 2017 Irish Open – has been sold to a private hospitality company led by an investment firm connected with the Saliba family.

The Belfast Telegraph has more on the story HERE.