Thread: Goldman Sachs to sell stake in Accordia

Stumbled across this article this evening:

Goldman Sachs to Exit Japanese Golf Business by Selling Stake in Accordia - Bloomberg

Goldman Sachs selling their stake in Accordia....

You predict it's a good or bad thing?

No comment



Accordia was getting more and more negative press over the last few months. Overcrowded courses, poorly looked after greens, membership values taking a nose-dive after been bought over by them and even a few members revolts against their new management:

Goldman Loses Control Over Nanso Golf Club in Japan - BusinessWeek

I'm sure there are plenty of people who think it'll be a good thing.

I wish ownership of PGM would change as well.
Overcrowded courses, poor maintenance, and plummeting membership values. Sounds very familiar.....