DUBAI, United Arab Emirates (AP) — A United Arab Emirates business magazine says Tiger Woods received $55.4 million from a developer to promote a local golf resort that has yet to be built.
Arabian Business reported Thursday that it has seen documents confirming Woods received the payments to promote the $1 billion project, with the course at the centrepiece of a complex of 100 villas, 75 mansions and 22 palaces.
Woods refused to comment on the contract he signed with the course developer, part of a conglomerate controlled by Dubai's debt-squeezed ruler. But he said he hoped to meet with developers to discuss reviving the project while he is in Dubai
Read more: http://www.golf.com/golf/tours_news/article/0,28136,2048380,00.html#ixzz1DdhruwLV
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