Tiger buying TaylorMade?

[Steviestuboy 5]

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

[Gunther 225]

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 5]

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 635]

Interesting. Would TM stand for Tigermade?

[Steviestuboy 5]

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 635]

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 953]

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

[CarlSpackler 635]

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 5]

He's been seen recently at the range 

[StefanUrkel 19]

I heard he was buying Perkins. 

[jkelley9 70]

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 192]

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 70]

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 593]

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 635]

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 593]

4 minutes ago, CarlSpackler said:

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

Concur.

[Steviestuboy 5]

Hmm a 9.5 degree marriage burner driver would be ace! 

[skeedawg 16]

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.