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

Posted on 7/8/13 at 12:03 pm to
Posted by Tiger1242
Member since Jul 2011
31927 posts
Posted on 7/8/13 at 12:03 pm to
quote:

We think we can get back to that. Combine that with no debt, and we can do great things.

So your plan is to pay off all of the debt right off the bat?
Posted by snatchola
Baton Rouge
Member since Nov 2007
1145 posts
Posted on 7/8/13 at 12:05 pm to
100%. If we don't pay off the bank note....I'm out. That's the only way we as partners can give us some confidence it won't be back in the same place as now.
Posted by BeaverPRO
Tampa
Member since Aug 2009
16250 posts
Posted on 7/8/13 at 12:05 pm to
quote:

So your plan is to pay off all of the debt right off the bat?

not really any other option
Posted by snatchola
Baton Rouge
Member since Nov 2007
1145 posts
Posted on 7/8/13 at 12:06 pm to
Ha man. It's worth it to me.
Posted by bamafan425
Jackson's Hole
Member since Jan 2009
25607 posts
Posted on 7/8/13 at 12:10 pm to
Like I said, never been to the Oaks, but glad someone is putting up a fight for a course that would be closed other wise.

Best of luck. And if you need a young assistant superintendent in a few years, I know a guy (it's me).
Posted by EyeOfTheTiger311
Lafayette, LA
Member since Aug 2005
4343 posts
Posted on 7/8/13 at 12:11 pm to
quote:

snatchola


So why didn't you make this push for private membership a long time ago? Could the course closure have been prevented?
Posted by snatchola
Baton Rouge
Member since Nov 2007
1145 posts
Posted on 7/8/13 at 12:13 pm to
Another fair question.

With the ownership group that was in place, we couldn't raise the money to buy the debt out. Without doing that, public or private didnt matter.


Having a fresh start is really the best.
Posted by Tiger1242
Member since Jul 2011
31927 posts
Posted on 7/8/13 at 12:13 pm to
Well good luck I hope it works out. Sorry I was being a dick earlier, not sure why, just being an unnecessary a-hole
Posted by snatchola
Baton Rouge
Member since Nov 2007
1145 posts
Posted on 7/8/13 at 12:15 pm to
All good pal.
Posted by threeputt
God's Country
Member since Sep 2008
24791 posts
Posted on 7/8/13 at 12:37 pm to
I wish I could help out. I would have had taken a hard look at doing this but i'm in the process of making a career move making a lot less money and I really cant make that commitment at this time.
Posted by snatchola
Baton Rouge
Member since Nov 2007
1145 posts
Posted on 7/8/13 at 12:38 pm to
I understand that!
Posted by bamafan425
Jackson's Hole
Member since Jan 2009
25607 posts
Posted on 7/8/13 at 12:41 pm to
Isn't there a little threeputter coming too?
Posted by threeputt
God's Country
Member since Sep 2008
24791 posts
Posted on 7/8/13 at 12:42 pm to
I bet you do !!!
Posted by threeputt
God's Country
Member since Sep 2008
24791 posts
Posted on 7/8/13 at 12:45 pm to
Yes, yes there is !!!!!
Posted by snatchola
Baton Rouge
Member since Nov 2007
1145 posts
Posted on 7/8/13 at 12:45 pm to
Congrats
Posted by threeputt
God's Country
Member since Sep 2008
24791 posts
Posted on 7/8/13 at 12:47 pm to
Thanks
Posted by ThisWayChad
Member since Nov 2009
2531 posts
Posted on 7/8/13 at 12:57 pm to
I understand that this is to attract a different person than one looking at BRCC / CCL. Are these rates ($6k buy-in, $275 monthly) cheaper than UClub?
Posted by sec13rowBBseat28
St George, LA
Member since Aug 2006
15379 posts
Posted on 7/8/13 at 12:59 pm to
I'm trying to wrap my mind around someone paying 2.7 million for a golf course that needs a MAJOR substructure renovation.
Posted by Captain Ron
Location: Ted's
Member since Dec 2012
4340 posts
Posted on 7/8/13 at 1:00 pm to
quote:

re these rates ($6k buy-in, $275 monthly) cheaper than UClub?


Not for current golfers who paid membership dues for the Oaks before the closing.

The rates are are also better at the Island for the current members of the Oaks.

Lots of competing clubs for those players.
Posted by VegasPro
Vegas
Member since Aug 2011
2706 posts
Posted on 7/8/13 at 1:02 pm to
3putt. U getting into coaching?

Snatch if I was in br u could have counted me in. I'm sure we could have worked a better price for me. Lol
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