Cliffs Sold; Husband-Wife Duo Vows To Finish The Non-Tiger Woods Course

David Dykes introduces us to Steve and Penny Carlile of Marshall, Texas, proud new owners of The Cliffs, who plan to move forward with a Gary Player-designed course. Thanks to reader Scott for this.

Methinks the wife helped with the decision everyone wants to know about: whether Tiger's "under construction" design will be started finished.

However, the new owners — Steve and Penny Carlile of the Carlile Group in Marshall, Texas — said the fate of a Tiger Woods-designed course east of Asheville remains uncertain. Its future will be evaluated after an in-depth study to determine the best approach, Steve Carlile said.

The Carliles and Timothy P. Cherry, The Cliffs chief financial officer, told GreenvilleOnline.com this morning they anticipate filing a Chapter 11 bankruptcy action for The Cliffs Club & Hospitality Group Inc., a wholly owned Cliffs’ subsidiary, known as ClubCo, that owns the golf courses and related amenities.

Comments

[Kevin]

Cliffs is a classic example of going too far. The place is beautiful but for some reason the former owner's ego just had to have Tiger design the newest course. Hopefully current homeowners will not be hurt in this.

[Del the Funk]

Kevin, what would another classic example be?

[Kevin]

DTF

Sea Island, TPC Sawgrass, Pinehurst Resort, etc....I know your response will be they are golf resorts not developments but the truth is there are hundreds of golf resorts and golf specific developments that felt or feel they have to add more and more to keep up, and in the process of that ended up filing for bankruptcy, closed, had to sell, or continue to struggle.

[Del the Funk]

You're right, there are a few classics examples in there. But not sure TPC Sawgrass belongs. As I understand it the Sawgrass Marriott Hotel filed for bankruptcy. They controlled a lot of tee-times at the golf resorts but the courses themselves were not part of the filing.

Aside from that, you can rest assured that the Cliffs homeowners, and club members, have already been hurt by what has transpired there.

[GOLF PRO]

I know the Carlile's very well! They will make it what it was intended to be in the beginning.