The well-located by pretty dreadful design in San Diego that also hosted equestrian events in the 1984 Olympics has been purchased by Union-Tribune publisher Doug Manchester and Phil Mickelson, reports Roger Showley of the Union Tribune.
The group outbid a proposal from Club Corporation of America.
But a former board president, Louis Ferrero, said the Manchester-Mickelson bid came out of an earlier proposal to sell to ClubCorp, operator of the University Club in downtown San Diego, Morgan Run Club & Resort in Rancho Santa Fe and the Shadowridge Golf Club in Vista.
While ClubCorp offered top management credentials, Manchester offered a more ambitious improvement plan and a link to his Grand Del Mar property in Carmel Valley, Ferrero said.
**John Strege with a few more details on why Phil might be getting in the golf course purchasing business.