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Meanwhile, we're buying a golf course

Mr. Scot

By Mr. Scot,
in Carolina Panthers

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Mr. Scot Grand Master

Mr. Scot

Posted
Posted

No, really...

Panthers to purchase Rock Hill golf course

Carolina Panthers vice president and COO Mark Hart confirmed what’s been rumored for months in York County land development circles, that the NFL team has a plan to purchase Waterford Golf Club.

“We’d like to acquire that as part of our development project in Rock Hill, and see if we can’t make that an even greater community amenity,” Hart said.

...

Waterford isn’t far from the 235-acre Hutchison family site where the Panthers plan to open team headquarters and training facilities by mid-2022. Waterford itself is 205 acres, valued according to county records at more than $4 million.

Plans are to continue using Waterford as a golf course.

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LinvilleGorge Grand Master

LinvilleGorge

Posted
Posted

I could be wrong, but I bet this is all about Tepper being able to leverage Charlotte for a new stadium. Now he has a big chunk of land already in his ownership that would make a perfect stadium location super convenient to the new team headquarters.

Never seen the course, but judging by the pics I'm seeing online it pretty much looks like a duffer/hacker course in mediocre at best shape. 

What I'm seeing is a big chunk of land with great access off of I-77 right on the Catawba River. This is a stadium site.

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thefuzz Mentor

thefuzz

Posted
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6 minutes ago, Mr. Scot said:

I'm gonna guess it's for schmoozing, i.e. buttering up people Tepper wants to invest in... something.

LG could be right though...

Yea, don't think so.

This is for hardballing, and just owning a large chunk of land near a metro in a growing state.

Golf courses typically lose money, it's a good way to buy large chunks of land if you are a buy and hold kinda guy.

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