Cliffs Sold; Husband-Wife Duo Vows To Finish The Non-Tiger Woods Course

David Dykes introduces us to Steve and Penny Carlile of Marshall, Texas, proud new owners of The Cliffs, who plan to move forward with a Gary Player-designed course. Thanks to reader Scott for this.

Methinks the wife helped with the decision everyone wants to know about: whether Tiger's "under construction" design will be started finished.

However, the new owners — Steve and Penny Carlile of the Carlile Group in Marshall, Texas — said the fate of a Tiger Woods-designed course east of Asheville remains uncertain. Its future will be evaluated after an in-depth study to determine the best approach, Steve Carlile said.

The Carliles and Timothy P. Cherry, The Cliffs chief financial officer, told GreenvilleOnline.com this morning they anticipate filing a Chapter 11 bankruptcy action for The Cliffs Club & Hospitality Group Inc., a wholly owned Cliffs’ subsidiary, known as ClubCo, that owns the golf courses and related amenities.