Tiger buying TaylorMade?

[Steviestuboy]

This roumer doing the rounds,  can't see it myself to be honest but you never know. 

[Gunther]

6 minutes ago, Steviestuboy said:

This roumer doing the rounds,  can't see it myself to be honest but you never know. 

U got a pic in a PGA Tour Superstar hitting bay with an M2?

[Steviestuboy]

http://www.bunkered.co.uk/golf-news/tiger-woods-to-buy-taylormade

This is a golf magazine in Scotland,  good mag but I just can't see it happening.  Not even tiger is rich enough to buy taylormade surely? 

[CarlSpackler]

Interesting. Would TM stand for Tigermade?

[Steviestuboy]

Wow can you imagine,  in a few years we could all be hitting our 18 degree pitching wedges 500 yards.  Good old tiger made the clubs you can trust. 

[CarlSpackler]

22 minutes ago, Steviestuboy said:

Wow can you imagine,  in a few years we could all be hitting our 18 degree pitching wedges 500 yards.  Good old tiger made the clubs you can trust. 

Probably looking for another revenue stream in case his pro golf career doesn't pan out.

[Patch]

Might need another tax write off. If the rumor is true. 

[CarlSpackler]

1 minute ago, Patch said:

Might need another tax write off. If the rumor is true. 

Or he might be buying it so he can have a club sponsor. 

[Steviestuboy]

He's been seen recently at the range 

[StefanUrkel]

I heard he was buying Perkins. 

[jkelley9]

Taylormade? I don't think so. The company albeit on the decline and can certainly be picked up for a "bargain" (if it's able to be resurrected...) still has $xxx millions in revenue each year. I don't believe even Tiger has the funds for a venture like this.

[14ledo81]

11 minutes ago, jkelley9 said:

Taylormade? I don't think so. The company albeit on the decline and can certainly be picked up for a "bargain" (if it's able to be resurrected...) still has $xxx millions in revenue each year. I don't believe even Tiger has the funds for a venture like this.

 

How much is something like that worth?  I though Tiger was worth over a billion?

[jkelley9]

I had no idea Tiger was worth what he is. If I can believe google, he's around ~700 million net worth. I think you can flirt with buying many companies with that. However, net worth isn't the same as cash. So I really have no idea.

[GolfLug]

Has anyone heard of this term called 'loan'? .

Don't think you have to be worth ALL of it if you have brand name collateral. TW name would be worth a significant amount of the collateral.

[CarlSpackler]

Just now, GolfLug said:

Has anyone heard of this term called 'loan'? .

Don't think you have to be worth ALL of it if you have brand name collateral. TW name would be worth a significant amount of the collateral.

If TW bought TM, I would guess that sales would increase. That's just a guess though.

[GolfLug]

4 minutes ago, CarlSpackler said:

If TW bought TM, I would guess that sales would increase. That's just a guess though.

Concur.

[Steviestuboy]

Hmm a 9.5 degree marriage burner driver would be ace! 

[skeedawg]

celebritynetworth.com has him at ~$720m - http://www.celebritynetworth.com/richest-athletes/richest-golfers/tiger-woods-net-worth/

even with that, he wouldn't spend his own money outright if he's a smart investor. He'd likely put together an acquisition group, and they would finance all or a portion of the purchase.