Palmer adamant his resort is not for sale

CLOSED: The Palmer Coolum resort has had its gates closed to the public.
CLOSED: The Palmer Coolum resort has had its gates closed to the public. Nicola Brander

CLIVE Palmer has denied rumours of the pending sale of his Palmer Coolum Resort to the Royal Automobile Club of Victoria and ruled out that the property is for sale.

Mr Palmer said he must have received 50 calls in recent years from journalists about the pending sale and his answer had remained the same.

"The resort is not for sale," he said.

The RACV has also denied it had been in talks with the Federal Member for Fairfax.

RACV executive general manager club and resorts Sue Blake repeated earlier denials of a deal.

"RACV is very happy with the performance of the RACV Noosa Resort, which won the Best Deluxe Accommodation Category at the 2015 Queensland Tourism Awards," Ms Blake said.

"RACV has no plans to acquire the Palmer Coolum Resort."

Mr Palmer dismissed claims by Sunshine Coast councillor Steve Robinson that he was experiencing financial difficulties despite the winding up of QNI, its aviation wing and the forced sale of his $40m private yet.

"What would he know?" he said. "I have no financial difficulties. That's the reality."

Mr Palmer said his legal team was preparing documents for the Supreme Court where he will seek an order to wind up the resort's President's Club which he said was functioning as an unregistered time share.

He said the resort's future could not be addressed until the issue was resolved but he had no intention to seek to subdivide either the resort or the golf course.

The resort, which once employed more than 600 people and was very much the jewel in the crown of Coast tourism, has fallen into disrepair since Mr Palmer purchased the property.

Only a skeleton staff remains and the resort will require a major investment to return it to running order.

Cr Robinson said yesterday the Mayor's office had offered to "help" Mr Palmer.

He had earlier told media "if Mr Palmer wanted to subdivide part of the resort council would consider all requests".

Mr Palmer denied he had engaged in any discussions with the council.

Topics:  palmer coolum resort

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