The Oaks is trying to get enough members to go private again.. | TigerDroppings.com
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LSUAlum2001
LSU Fan
Tier BP
Member since Aug 2003
30870 posts

The Oaks is trying to get enough members to go private again..

The goal is to get enough members to buy the note from the bank and go 100% private.

The current bank note was the reason why the course could not stay afloat.

quote:

Ladies and Gentlemen

Many of you have already heard about my plans to save The Oaks at Sherwood. We can do this!!! But, I will need your commitment and your help in recruiting investors/members.

My plan is outlined on the attached document. Please forward this email to as many people as you can. I already have SEVERAL commitments, but will need more! Our plans are to run newspaper and radio ads this week to get the word out.

Please feel free to reply to this email with any questions. If you are committed to joining me in purchasing the golf course, please send me an email stating your intention. Although we prefer everyone to come on board as an investor and member, I understand some will only want to come in as an investor due to various reasons. We will need your support in that regard also!

Thanks again for your time and consideration!!

Kindest Regards

Blaine A. Patin


It's a $6,000 initial investment plus $325/mo which includes all range, green fees and cart fees.
This post was edited on 7/8 at 9:35 am



bamafan425
Colorado State Fan
Denver via Chattanooga
Member since Jan 2009
24776 posts

re: The Oaks is trying to get enough members to go private again..
Snatchola has been posting in the golf thread about this. I'm sure he would be happy to answer anyone's questions.

Never been to the Oaks (only BR once), but I always hate to see courses shut down. Hopefully they reach their goal.


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Tiger Ryno
USA Fan
#WoF
Member since Feb 2007
63008 posts

re: The Oaks is trying to get enough members to go private again..
sounds like a good deal financially. I would pay $6k entry fee if my course was full private.


Rickety Cricket
Navy Fan
Premium Member
Member since Aug 2007
38445 posts

re: The Oaks is trying to get enough members to go private again..
What kind of contract will they make people sign? Seems like this could go Powerhouse Gym pretty easily.


LSUAlum2001
LSU Fan
Tier BP
Member since Aug 2003
30870 posts

re: The Oaks is trying to get enough members to go private again..
I believe they want to have commitments from members to buy it from the bank by the end of July.

It won't be: Give me your money now! ..and it never opens and you lose $6K.


Tiger1242
LSU Fan
Member since Jul 2011
23446 posts

re: The Oaks is trying to get enough members to go private again..
I hope this works, it going all private doesn't bother me, I don't live there anymore, glad it may be saved. They need to not let Blaine run it this time


LSUAlum2001
LSU Fan
Tier BP
Member since Aug 2003
30870 posts

re: The Oaks is trying to get enough members to go private again..
If they hit those numbers, they will have more than enough in monthly revenue to make significant improvements to the course.
This post was edited on 7/8 at 9:47 am


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BeaverPRO
LSU Fan
Member since Aug 2009
15127 posts

re: The Oaks is trying to get enough members to go private again..
quote:

They need to not let Blaine run it this time

Blaine hasn't been running it the past two years!


Shankopotomus
New Orleans Pelicans Fan
Brian Roberts Fan
Member since Feb 2009
18321 posts

re: The Oaks is trying to get enough members to go private again..
considering it looks as if he has put himself in charge of this plan to save the club - I think that is exactly what you are going to get


threeputt
Notre Dame Fan
God's Country
Member since Sep 2008
21743 posts

re: The Oaks is trying to get enough members to go private again..
I hope he pulls it off


Croacka
UNLV Fan
Denham Springs
Member since Dec 2008
55105 posts

re: The Oaks is trying to get enough members to go private again..
hmmmm, does snatchola = BP?


snatchola
LSU Fan
Baton Rouge
Member since Nov 2007
897 posts

re: The Oaks is trying to get enough members to go private again..
You are exactly correct. The plan is to get 400 people comitted to partnering on this. If we can't get to the numbers we need to get it off the ground.....$0 dollars will be collected.

The dues will be $275 including carts, green fees, range. And we will all own the property free and clear.


snatchola
LSU Fan
Baton Rouge
Member since Nov 2007
897 posts

re: The Oaks is trying to get enough members to go private again..
Absolutely. Most on here know that. I'm not sure what issues tiger1242 has with me. But if I've done something to wrong him, I'd be the first to own it and make it right. I believe he has mentioned he used to work for me.


snatchola
LSU Fan
Baton Rouge
Member since Nov 2007
897 posts

re: The Oaks is trying to get enough members to go private again..
Ha....if we get our 400 people on board...I have no interest in working at the club. I only want to be a partner with 400 other similar minded people.


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LSUAlum2001
LSU Fan
Tier BP
Member since Aug 2003
30870 posts

re: The Oaks is trying to get enough members to go private again..
I'm sure they have already seen the email, but I passed it over to the guys in BRAAS.


snatchola
LSU Fan
Baton Rouge
Member since Nov 2007
897 posts

re: The Oaks is trying to get enough members to go private again..
Hey man. I appreciate that. The BRAAS guys have always supported the club. It will be a great club for your fellow members to support. I've received several calls from a lot of your buddies already.

Thanks for your help.


VegasPro
UNLV Fan
Vegas
Member since Aug 2011
2706 posts

re: The Oaks is trying to get enough members to go private again..
Lol. Not sure BP has done any wrong to anyone. Class act in everything he does. And I know this personally. Wouldn't be here today where I am without him.


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NS Who Dat Nation
New Orleans Saints Fan
BR
Member since Jul 2007
8421 posts

re: The Oaks is trying to get enough members to go private again..
Good luck BP. Pulling for you.
This post was edited on 7/8 at 11:46 am


Wally Sparks
Georgia Tech Fan
Atlanta
Member since Feb 2013
9407 posts

re: The Oaks is trying to get enough members to go private again..
quote:

Blaine A. Patin




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Shankopotomus
New Orleans Pelicans Fan
Brian Roberts Fan
Member since Feb 2009
18321 posts

re: The Oaks is trying to get enough members to go private again..
I hate to see smaller community country clubs go under, so I am all for any plan that can keep it going

The golf business has taken a beating recently, we don't need anymore facilities closing that is for sure


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