Latest news .
Just heard this on fox news .
A press release on behalf of phil mickelson announced he has put together a 5 man consortium which is ready to offer 9 million dollars to purchase world golf tour .
2 million below the asking price .
In addition phil and his backers say they would put another 3 million dollars into restructuring wgt and install a top tour pro who is about to retire as managing director .
His first objective would be to introduce 2 new courses . Carnoustie in Scotland has been denied .
Investment bankers handling the sale say it will happen within the next 10 days .
A Top golf spokesperson is understood to have started a bidding war with 4 other prospective purchasers . A Singapore based group called profitable group have confirmed interest .
But phil has hit back saying he will offer existing wgt members shares at a discounted price . 10% - 15% has been hinted at .
Top golf have grown tired of this venture and find it heart wrenching to see their long suffering members being put through the mill .
Mister mickelson will be contacting all wgt members by e-mail . So please update your address.