Rumor: ClubLink to take over GTA Facility
March 1st, 2009
By Robert Thompson
By Robert Thompson
Rumors are flying that staff at a notable GTA public golf course will be notified on Monday that their club has been leased by ClubLink, not unlike what happened to National Pines. Wouldn’t surprise me given the current uncertainties in the market, and the fact that a ClubLink exec told me last week that membership declines weren’t as steep as expected.
Could just be one of those rumors — so I’m not going to name the club other than to say this one would make sense to me. And no, it isn’t Osprey Valley…
March 1st, 2009 at 10:05 am
copper creek or woodbine
March 1st, 2009 at 11:47 am
I’ll take a guess and say Bond Head for fun
March 1st, 2009 at 12:05 pm
Ian, that makes perfect sense. All the owners were ever interested in was the land around it. AND if they could be guaranteed a filled golf course…they would be in heaven.
March 1st, 2009 at 1:46 pm
Bond Head makes sense, but so do a whole bunch of others.
March 1st, 2009 at 7:15 pm
Sources tell me there’s a letter of intent signed for CL to lease the club Ian mentions. Apparently there’s a meeting on Monday.
March 1st, 2009 at 10:46 pm
Could it be Brampton Golf Club?
March 1st, 2009 at 11:20 pm
Please let it be CAMISLE or ANNANDALE!!!
March 2nd, 2009 at 1:50 am
If it were Annandale, then ClubLink would be leasing it to graze their goats there…
March 2nd, 2009 at 8:56 am
What a great journalist you are. You are a joke.
March 2nd, 2009 at 9:26 am
Hey YI ….
Why do you have the hate on for Mr Thompson’s breaking this rumour on his BLOG … after all you seem to be a dedicated reader !!
I bet you that this “rumour” becomes fact before you can finish your milk and cookies.
March 2nd, 2009 at 10:55 am
It has to be Royal Woodbine.
March 2nd, 2009 at 11:23 am
Hey Bobby, you keep throwing out guesses but RT himself already replied to Ian’s guess on bond head, confirming that was the course in question.
There is no guess anymore, if his sources are correct the alleged course in question is bond head. Makes sense based on their premium profile, their location, proximity to GTA. Good practice facilities. All in all a good partnership if it happens.
Won’t affect me since it always was a little out of my price range to play, not by much, but just enough.
March 2nd, 2009 at 11:26 am
i’m going to guess lionhead. either that or…. osprey valley.
March 2nd, 2009 at 12:56 pm
guess Bruce McCarrol will be back in the CL family of instructors.
March 2nd, 2009 at 2:52 pm
It’s Bond Head for sure. Fits the Clublink model with the proximity of King Valley, King’s Riding, National Pines, etc and it’s on the way to Muskoka.
Owner’s of Bond Head don’t understand golf and will hit their ‘homerun’ when they can build real estate on the surrounding land they already own (about 500 acres).
Bond Head might be making money now but the owners will be happy to take the guarenteed income thru a lease.
Bigger question is how much the lease is – Mr. Thompson, any rumored price?
March 2nd, 2009 at 8:45 pm
Still nothing official as of yet, so Bobby wont guess anymore.
I’m in for anything they want to add to Clublink. Rumours are now expanding to other courses on the web.
Bobby
March 4th, 2009 at 9:38 pm
If Clublink takens over Bond Head, which it certainly looks like it will. What do you think will happen to Bruce McCarrol and the impressive Intistute that Bond Head? especially because it’s the most inovative institute in the country. And what do you think will happen to the programs run there like the elite junior programs?
March 5th, 2009 at 8:15 pm
So long as non-CL members like me can still see Bruce McCarrol all will be good.
March 9th, 2009 at 7:12 am
I wish they would snap up Granite Ridge and connect it to GreyStone! That would be a ClubLink Mecca with Glean Cairn just across 25, and it would provide them with a lot more than just golf holes.
March 11th, 2009 at 5:22 pm
Ant further word on this story now that Monday has passed?
March 11th, 2009 at 5:23 pm
Sorry, meant to say, any further word?
March 11th, 2009 at 5:51 pm
I believe the deal closes at the end of the month and will be formally announced sometime afterwards.
March 11th, 2009 at 6:33 pm
Where did you get this information from?
Are they looking anywhere else?
March 18th, 2009 at 9:04 pm
Coppin Wood???
April 2nd, 2009 at 11:26 am
Is this rumour still alive or has any potential deal fallen through?
April 2nd, 2009 at 3:26 pm
This is a joke – my sources indicate it is a done deal – Public company has disclosure responsibilities.
April 2nd, 2009 at 11:38 pm
Patience gents.
And Saudan: I covered publicly traded companies for a decade as a reporter. I doubt leasing a golf club is material to ClubLink at this point — but they haven’t disclosed anything. Maybe the contracts aren’t done yet…
April 3rd, 2009 at 9:47 am
Evidence of a material increase or decrease in near-term earnings prospects is considered material
April 7th, 2009 at 12:33 pm
I assume everyone has seen the story on April 7 — ClubLink has indeed taken over the club.