Saturday, 13 February 2016

“Did you get a look at any of the houses when you drove in this morning?”

From City AM:

Since the club was sold to its new Chinese owner Reignwood Group a year and a half ago, relations with some locals have gone into decline. In October last year, Reignwood announced that it wants to double the annual membership rate to £16,000, and current members are being asked to pay a one-off £100,000 debenture to keep on playing at the club.

At the end of January Wentworth Residents' Association, made up of Wentworth locals and the club’s current members, partnered with City law firm Quinn Emanuel and sent a 15-page letter to the owner threatening legal action if the changes aren’t abandoned...

When asked if he thought requesting a £100,000 debenture from current members would alienate the locals, Gibson quipped: “Did you get a look at any of the houses when you drove in this morning?”

Wentworth, with an overall average house price of around £1.9m, is better known as Surrey’s stockbroker-belt.


No doubt the Poor Widower In A Mansion Who Likes A Round Of Golf features heavily in their 15-page letter somewhere..

1 comments:

Rich Tee said...

Hang on, let me see....



...nope, still don't give a f*ck.