The Donald doesn’t get The Point

        Faster than you can say “You’re fired,” the Trump organization has given up on its bid to buy The Point Golf Club in Mooresville, NC, according to an online story in the local Mecklenburg Times authored by Sam Boykin.  We reported here yesterday on the controversy brewing inside the gates of The Point; dissident members of the club worried that a Trump purchase would lead to increased dues, a fear apparently confirmed by comments from Donald Trump’s son, Eric, who was negotiating the deal with the golf club’s advisory board.

        “We see hundreds of golf clubs every month,” the younger Trump told Boykin, “and we would have put tens and tens of millions into The Point.”

        Now members are left to figure out what to do with a golf club that Crescent Resources, the developer, is set to turn over to them next month.  It remains to be seen if members who favored the deal and those who did not can work together to come up with the $3 million required to pay Crescent, or to find a more acceptable new owner.  Stay tuned.