The 2018 Ryder Cup is a three day golf tournament organised by one of the governing bodies for golf in Europe, the European Tour.
The European Tour recently conveyed their wish to discuss the possible hosting of a future Ryder Cup in Ireland and sought a meeting with me to discuss same. Along with officials from my Department, I attended meetings with representatives of the European Tour on 30th September at the Ryder Cup in Paris and viewed the event infrastructure and facilities. My officials have since been engaging with the European Tour to ascertain what support is generally required from the Government of a hosting country. Further meetings are planned.
The hosting of a Ryder Cup gives rise to considerable economic value in the host country. Deloitte have reported on the value to the Irish economy of the 2006 Ryder Cup. The direct economic value was estimated to be more than €140m and the full impact was reported to be around €240m. Similarly, the value to the Scottish and Welsh economies, from the 2014 and 2010 events respectively, have been reported as substantial.