Adare Manor in Limerick has been confirmed as host of the 2026 Ryder Cup.
A deal is believed to have been agreed between the Government and the European Tour a week ago.
It means the Ryder Cup will return to Irish soil 20-years on from its staging at the K Club.
Limerick businessman JP McManus owns Adare Manor, and he is naturally chuffed to see the prestigious tournament played at one of his venues, "I am delighted that the prestigious Ryder Cup will return to Ireland.
"We were very happy that Adare Manor was chosen as the venue for this world-renowned tournament in 2026 and we look forward to welcoming our worldwide visitors.
"It is a wonderful tribute to the many great Irish golf ambassadors and success stories Ireland has had in golf over the years and a nice follow on from Shane’s momentous Open win on Sunday in Portrush. The nation was behind Shane, it was a great achievement and very well deserved."
Reports suggest the hosting of one of the world's biggest sporting events could be worth over €150 million to the economy.
An Taoiseach Leo Varadkar hailed the return of the famous tournament, saying "It is great news for Ireland, and for County Limerick and the west of Ireland in particular.
"This news comes at the end of an historic week for golf on the island of Ireland, following the hugely successful hosting of the Open Championship by Royal Portrush Golf Club, and the historic victory by one of Ireland’s most popular sporting heroes, Shane Lowry.
"Shane’s victory is one of many great achievements by Irish golfers, not just in Major Championships but also in The Ryder Cup. Over the years, Irish captains and Irish players have played a huge role in the success of the European team.
"I am sure that when The Ryder Cup comes to Adare, we will see many more great sporting memories created, and great sporting friendships forged. It will be a fantastic occasion for everyone on the island of Ireland, and for the many visitors from both sides of the Atlantic who can look forward to another great Irish welcome."
The Government will put in place a financial arrangement with the European Tour.
The Ryder Cup's return to Ireland caps an incredible week for Irish golf, which saw Shane Lowry win the Open Championship on the island of Ireland at Royal Portrush last weekend.
Winning the right to stage the tournament ahead of the Belfry in England is a significant coup.
The K Club's staging of the matches at the height of the Celtic Tiger was seen as a resounding success, especially as Europe won by 18 and a half points to 9 and a half.
The course, which hosted the Irish Open in 2007 and 2008, was redeveloped in 2017, under the eye of American Tom Fazio, who worked on Augusta National.
JP McManus has secured a number of the world's top golfers for his Pro-Am in July of next year.
Tiger Woods, Phil Mickelson, Dustin Johnson, Rory McIlroy, and Shane Lowry will attend the exhibition to benefit charities in the Mid-West.