Tiger rumoured to be buying ....
- Thread starter njrose51
- Start date
Not in a million years
He wouldn't be the first pro to buy a brand, e.g. Jack Nichlaus and McGregor. Think Greg Norman also bought into them at one point.
Bobirdie
Journeyman Pro
Part of a consortium and he's the face of it. Can't see why not.
mches1
Hacker
Makes sense. Didn't realise Day had signed Nike deal as well.
ArnoldArmChewer
Tour Winner
Sanatogen ?? or maybe Deep Heat
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Deleted member 1418
Guest
He'd probably be better off buying Stannah Stair Lifts!!
USER1999
Grand Slam Winner
Why would he not buy nikes club making business?
He likes winning?
BTatHome
Tour Winner
Because as soon as Nike made their announcement they shut down everything on the clubs side of the business. Plus as its not Tiger's money (private equity) then I doubt anybody else would be willing to stump up for a business that was loosing share ... much better to buy something that acts the top of the game.
HomerJSimpson
Hall of Famer
Not the first to do it. Nicklaus and McGregor being the highest profile I can remember. Let's face it, despite their numerous product roll outs, TM do produce some very good clubs, especially drivers and so if Woods can use his name (and potential return) to buy TM and then get them back as arguably the top name in the market then why not. I'm sure he's looked into it properly and been fully briefed and he doesn't seem prone to making snap business decisions
freddielong
Tour Winner
That was my thought why buy Talyor made when you could buy the Nike golf, he supposedly has a close relationship with Phil Knights, imo nike golf is better in every department.
That said the taylormade rumour is just that a rumour and will not happen.
Tiger man
Challenge Tour Pro
Really? For all TM's shortcoming I don't think you can argue they don't make some great clubs, how many Nike clubs live long in the memory in the same way the R510, R7, Burner 07, SF Tp, and now the M1 line have been received plus numerous others?
HomerJSimpson
Hall of Famer
I agree. They are certainly the number 1 driver on all major tours, and used by some players that aren't TM staff players. They also make some good quality irons and so I can see the logic behind Wood's involvement. Whether it comes to fruition is another matter
Tiger man
Challenge Tour Pro
Yes that was just off the top of my head but as you say they make great irons and putters too. They are a well established brand and with Woods pushing them, if the price is right it's a no brainer.
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Deleted member 18588
Guest
Fine theory but TaylorMade have been losing market share and overall sales for two years.
BTatHome
Tour Winner
TM have made gains in the recent quarters, plus Nike have been losing share and sales too in the last years... but based on a much much smaller share to start with.
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Deleted member 18588
Guest
I suggest you look at golfspy for an explanation of TaylorMade's recent history.
Let's face it if they were still successful adidas wouldn't be unloading them at a loss relative to the money they, adidas, have invested.
BTatHome
Tour Winner
The last adidas quarterly results showed the improvements made, since last year. Not saying they have reached the peak they had a few years ago, but let's face it adidas are offloading as the profit is not the same as clothing and footwear, and TM is pulling down their overall ratings.
