In the wake of the Trump administration’s executive order to temporarily bar immigration from six Muslim-majority countries and halt refugees from entering the United States, the US golf and tennis clubs and owners clubs are in for a major shakeup.
The Golf Club Digest reported that in the next few weeks, the owners of a number of US golf club franchises and clubs in California, Florida, Arizona, Louisiana and Texas will begin selling them for a significant price tag, possibly more than $300,000.
The clubs will be owned by companies based in Canada, Germany, Israel, Spain, Japan, Saudi Arabia, UAE, New Zealand and the United Kingdom, and are expected to be able to sell them for much less than their current prices.
According to the Golf Digest, the companies, which include a number from the US and Canadian golfing and tennis communities, will be able sell the clubs at prices that could be in the $30,000 range.
“We’ve been doing this for 20 years and we’ve been selling them to clubs for decades,” said Robert Johnson, president of Johnson’s Golf Clubs in Florida, which also includes one of the clubs that will be selling for a hefty price.
“I can’t believe this is happening.”
The clubs are also expected to receive a significant upgrade from their current stock.
A majority of golf clubs are owned by corporations or by a group of private individuals, meaning that they are not listed on the US Securities and Exchange Commission’s (SEC) Exchange Act.
A few clubs are currently listed on stock exchanges, but the majority are not.
The golf club owners in the US, Canada and other countries have been buying golf clubs from their local club owners for decades, but are now starting to have the ability to purchase them directly from the companies.
The US government, through the Department of Justice, has been trying to block the sales of the golf clubs in the face of President Donald Trump’s executive orders, which prohibit people from six Middle Eastern countries from entering and entering the country.
The Trump administration also recently announced that it will be instituting a temporary ban on refugees from Syria, and the US has already begun the process of temporarily suspending the refugee program for Syrian refugees.
However, many US golf players and fans are worried about the impact the executive orders may have on the golf and soccer fields in their backyard.
According in a recent article by Golf Digest , the owners and directors of a few US golf associations have said that they will not sell their clubs because they are worried the executive order could affect the ability of their clubs to sell their courses.
“The decision to divest was made based on our collective concerns with the potential for a large-scale loss of revenue from our clubs and the potential impact on our golf and the soccer programs,” said Johnson.
“It’s very difficult to assess the financial impact of the decision to sell without a full and detailed financial analysis.”
Johnson added that the golf club operators are currently looking at potential buyers of their properties.
“They are looking at a number, but it’s very early in the process.
It could be someone in a private equity firm or someone from outside the US,” Johnson said.
The sales of these clubs could have an immediate impact on the players and players’ enjoyment of the game, as well as the ability for clubs to earn revenue for the clubs.
The new owners of the US clubs will have a chance to sell the properties at a reduced price, which will likely mean a reduction in their investment.
The players will have to either pay the higher price or leave their clubs, as they may be unable to maintain their investment in the clubs if the government does not enforce its executive orders.
The club owners have said they are “very excited” to see the change in the way the golf industry operates, but Johnson also pointed out that many of the players will still be able play golf.
“If they feel they can’t play golf anymore, they can still enjoy it,” Johnson told the magazine.
“A lot of these people are already working on their golf game, and so they may not even notice this change.”
Johnson also noted that golfers who already enjoy playing the sport and don’t want to leave their club are also likely to stay, because they have a lot of time to prepare for the upcoming tournament.
The changes are also a big win for the Trump Administration.
“With the current executive order, it is extremely difficult to see how golf will be financially viable in the future,” said John Mazeroski, a lawyer at the US-based law firm Steptoe & Johnson.
The executive order has not only affected golf and other sports, but has also had a significant impact on golf tournaments.
Earlier this year, the Trump Justice Department announced it would be opening an investigation into whether the Trump Golf Club, a member of the World Golf Championships-Cadillac Championship, violated federal antitrust laws