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re: Bluffs Golf Course - Renovations Update

Posted on 6/16/23 at 3:29 pm to
Posted by TyOconner
NOLA
Member since Nov 2009
11157 posts
Posted on 6/16/23 at 3:29 pm to
I mean, the sherif did say they cut a deal to pay down the 36k he owed the parish lol. This guy is starting to look like he’s not a very savvy investor. If you can’t come up with 36k then how are they going to do anything at all with the course? The course clearly needs at least a few million dumped into it.
Posted by Bawpaw
Member since May 2021
1158 posts
Posted on 6/16/23 at 5:55 pm to
I would guess 1 million to get it to where it was and another million for updates and improvements to the course and facilities. That’s not including payroll, utilities, inventory, etc. No way he can raise that amount of capital through dues or HOA assessments. It will have to be from private investors and if any investors give him money for a club with that kind of track record, then they deserve to lose their money. Great idea, very poor planning.
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