Tiger Woods’ signature golf course project in Dubai suspendedBy ANI
Tuesday, February 1, 2011
LONDON - Ace golfer Tiger Woods’ 700 million pounds signature golf course project in Dubai has been suspended indefinitely.
Woods’ rocky start to 2011 continued when his signature golf course project in Dubai was suspended indefinitely, leaving major doubts as to whether it will ever be completed.
Woods has been left embarrassed by a funding crisis at Tiger Woods Dubai, which was due to open in late 2009, the Daily Express reports.
Only six holes are finished and work has not even started on the development’s planned 292 residential properties.
“This decision was based on current market conditions that do not support high-end luxury real estate,” said Dubai Properties. (ANI)