freddielong
Tour Winner
Firstly just to stop me getting into any trouble I would like to point out that the below is a theoretical scenario and any comparison with any current real life proceedings or happnings is purely coincidental, any opinions that are expressed are mine and may or may not be shared by other people, there is no intention to change or turn anyone’s opinion towards any individual.
OK what would you guys do if there was a golf course that is very close to your heart and very highly thought of by lots of people. This course in your opinion may be, being run down by its current owner so there would be less opposition to them using the very prestigious peace of land for housing.
What if they said they were short of money (highly questionable) so they have had to put up green fees etc and lay off most of the green staff, when you know they had been offered a very large amount of cash to sell (five times the price paid by the current owner 8 years ago, in cash). The effect of removing the green staff has obviously had a detrimental effect on the condition of the course, this along with the increase in green fees has increased the level at which the course is haemorrhaging members, add to this the fact that the current owner has removed most of the club house and facilities from the members and you can see the club would be in trouble. The old club house is now virtually derelict with windows missing on one side so that it is open to the weather.
It is also only my opinion but the only way the current owner could get anymore than the value of the offer they received would be by building on the land.
What would you guys do?
OK what would you guys do if there was a golf course that is very close to your heart and very highly thought of by lots of people. This course in your opinion may be, being run down by its current owner so there would be less opposition to them using the very prestigious peace of land for housing.
What if they said they were short of money (highly questionable) so they have had to put up green fees etc and lay off most of the green staff, when you know they had been offered a very large amount of cash to sell (five times the price paid by the current owner 8 years ago, in cash). The effect of removing the green staff has obviously had a detrimental effect on the condition of the course, this along with the increase in green fees has increased the level at which the course is haemorrhaging members, add to this the fact that the current owner has removed most of the club house and facilities from the members and you can see the club would be in trouble. The old club house is now virtually derelict with windows missing on one side so that it is open to the weather.
It is also only my opinion but the only way the current owner could get anymore than the value of the offer they received would be by building on the land.
What would you guys do?