Former presidents tend to write books about their time in the White House, which may also be the case for former President Donald Trump. Trump issued a statement saying that he is already working on a project even as he has turned down two book deals.
Last week, Trump issued a statement saying that he has turned down two book deals saying that he does not want to do such a deal at this time. However, the former president noted that he is still working on a book of his anyway and revealed that he is now working on a more important project. This is in contrast to previous reports suggesting that Trump is relaxing and seeking praise and attention from allies and supporters from his New Jersey golf club and in his Mar-a-Lago club in Florida.
“I turned down two book deals, from the most unlikely of publishers, in that I do not want to do such a deal right now. I’m writing like crazy anyway, however, and when the time comes, you’ll see the book of all books. Actually, I’ve been working on a much more important project right now!” said the former president in his statement.
The sudden comments come as Trump is reportedly jealous of his former colleague, former vice president Mike Pence, who received a major book deal of his own back in April with Simon & Schuster. Pence would become one of the rare Trump administration officials to secure a book deal following the tumultuous end of Trump’s presidency. Sources told CNN that Pence’s book deal at the time was said to be around $4 million.
In other news, Trump’s overseas golf courses have reportedly lost $40 million due to the manner in which the former president took out loans. The report from Insider reveals that Trump’s Turnberry golf courses near Glasgow and in Aberdeenshire rely on loans that the former president takes out to keep the courses running. Some of the loans that Trump is reportedly taking out also appear to be problematic because of exchange rates in currencies.
The parent company of Turnberry, Golf Recreation Scotland, owes the former president, through his US entities, around $160 million, according to the UK Companies House accounts that were filed back in December. The company that owns Trump’s Aberdeenshire golf course, over $62 million in interest-free loans. The issue with this is that Trump created the loans on British pound, which would have a lower value against the US dollar in the time Trump began issuing loans.