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Breaking News; ArrowCreek Golf Course Bankruptcy filed 1/21/14

I have not been one to spread rumors about the the ArrowCreek Bankrupt rumor that has been going around for a while now but unfortunately, it just came to fruition:
On January 21st, 2014 ArrowCreek Country Club in ArrowCreek Reno NV filed chapter 11 bankruptcy due to significant losses over the past several years according to a letter I received a few minutes ago in my membership e mail from them. I have calls and e mails into Drew Yardley who sent the e mail out.
They will open on February 1st 2014 and will do their best to resume ‘business as usual’.

I have been a big advocate of the golf course either turning over the keys for free or perhaps even paying somebody to take over the course. Of course if the ‘dirty 16’ +- litigous fools who years ago botched the previous sale to Club Corp and wanted more money etc. for their equity memberships had not blown it for the other member’s, I wouldn’t be writing this. Hey you kooks…how’s your equity membership doing now huh?

The question still remains; will a knight come and bail the golf course out? With other golf courses closing around the area, perhaps that may bring some bodies in IF they allow the public back on both courses and the clubhouse. Come on people; make some money and allow the public! Unfortunately, the other alternative may be a De Andrea style dog walking/jogging area which is what is left of their course that went to seed. I sure hope this is not the case.
Yours… Ron

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