online.wsj.com - 12/3/2008
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More people are lining up to get out of private clubs these days than are lining up to get in, or so it seems. Many of the 4,400 private golf and country clubs in the U.S. are doing just fine, but one can sure get the impression that the situation is universally dire from listening to club ...
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Country Clubs in Peril
The Scores Report - The National Sports Blog —
... The Wall Street Journal has been covering the ways in which our country’s struggling economy is affecting sports culture. The paper is reporting that many country clubs are on the brink of closing as members fail to renew their membership due to financial concerns. ...
Private Clubs In Distress
Golf Blogger —
December 5, 2008 The Wall Street Journal has an article on the difficulties facing private clubs , as more and more members walk away in these tough financial times. Very interesting to me is the concept of “walkaway risk.” More people are lining up to get out of private clubs these days than are lining up to get in, or so it seems. Many of the 4,400 private golf and country clubs in the U.S. are doing just fine, but one can sure get the impression that the situation is universally dire from listening to club managers and golf-industry consultants discuss the state of clubs in ...
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