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    Valhalla Press Release 11-16-2021

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    Dustin Vogt
    The PGA of America, which owns Valhalla Golf Club, has received a letter of interest from another party regarding a potential partnership or sale. While discussions are still early, the PGA would only consider such a deal if it ensured standards of excellence at the club were maintained, the club could continue hosting PGA Championships through 2024, facilities were enhanced, and the PGA remained a long-term partner. The PGA's priority is the best interests of members, golfers, and the sport. More information will be shared as it becomes available.

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    Valhalla Press Release 11-16-2021

    Uploaded by

    Dustin Vogt
    16K views2 pages
    The PGA of America, which owns Valhalla Golf Club, has received a letter of interest from another party regarding a potential partnership or sale. While discussions are still early, the PGA would only consider such a deal if it ensured standards of excellence at the club were maintained, the club could continue hosting PGA Championships through 2024, facilities were enhanced, and the PGA remained a long-term partner. The PGA's priority is the best interests of members, golfers, and the sport. More information will be shared as it becomes available.

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    Valhalla Press Release 11-16-2021

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    The PGA of America, which owns Valhalla Golf Club, has received a letter of interest from another party regarding a potential partnership or sale. While discussions are still early, the PGA would only consider such a deal if it ensured standards of excellence at the club were maintained, the club could continue hosting PGA Championships through 2024, facilities were enhanced, and the PGA remained a long-term partner. The PGA's priority is the best interests of members, golfers, and the sport. More information will be shared as it becomes available.

    Copyright:

    © All Rights Reserved
    16K views2 pages

    Valhalla Press Release 11-16-2021

    Uploaded by

    Dustin Vogt
    The PGA of America, which owns Valhalla Golf Club, has received a letter of interest from another party regarding a potential partnership or sale. While discussions are still early, the PGA would only consider such a deal if it ensured standards of excellence at the club were maintained, the club could continue hosting PGA Championships through 2024, facilities were enhanced, and the PGA remained a long-term partner. The PGA's priority is the best interests of members, golfers, and the sport. More information will be shared as it becomes available.

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    © All Rights Reserved
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    Dear Valhalla Golf Club Member,

    We hope this message finds you and your families doing well. It is hard to believe we are
    approaching winter and the thirty-fifth golf season at Valhalla has passed. It has been an
    exciting fall with the golf course renovation taking shape and we are looking forward to a
    fantastic 2022. We would like to bring you up to speed on conversations that are ongoing
    regarding the future at Valhalla.

    Valhalla continues to be a source of great pride for the PGA of America who partnered
    with the Gahm family continuing Dwight Gahm’s dream of bringing championship golf to
    Louisville, Kentucky while maintaining a world-class golf facility. Under the ownership of
    the PGA of America, the Club and membership have flourished. The major investments
    made in Valhalla over the past twenty-five years have allowed the Club to remain on a
    path of excellence to continually improve the experience for Valhalla members and all
    who visit.

    One of the primary missions of the PGA of America is to provide programs and support
    which best enhance the PGA of America as an association as well as provide
    opportunities for PGA Members. We would like to inform you that the PGA of America
    was recently provided a letter of interest related to a potential partnership and/or sale
    from a party familiar with the PGA of America and others are expected to be in the open
    process. As one can imagine, the PGA of America has a number of priorities based on
    our far-reaching mission and must deploy resources accordingly. We believe that
    exploring a potential partnership that would allow us the potential to provide a greater
    level of resources to Valhalla and continue its upward momentum is our responsibility to
    this special place. Conversations are in the early stages at this time, but if the PGA of
    America were to move forward with such a partnership, at a minimum we would have to
    ensure the following strategic requirements were met:

    • Assurance that the standards of excellence at Valhalla Golf Club be maintained


    or enhanced including commitment to the existing Valhalla Golf Club staff and
    continued employment of PGA Members.
    • Opportunity for Valhalla Golf Club to continue to act as a championship venue to
    include the PGA maintaining operational control at minimum through the 2024
    PGA Championship.
    • A commitment to enhancing facilities at Valhalla Golf Club that could further the
    experience enjoyed by club members and PGA Members.
    • Retention of PGA Member and Kentucky PGA Section benefits.
    • PGA of America to continue as a long-term partner with Valhalla Golf Club.
    We would like to emphasize the PGA will not consider a partnership and/or sale unless it
    is in the best interest of the PGA Membership, Valhalla Golf Club Membership, the
    heritage of the facility, and the game of golf.

    We will share more information with you as it becomes available. Rest assured the PGA
    of America has the best interest of Valhalla Golf Club and the Valhalla members at the
    top of mind just as it has for the past twenty years. Thank you for your continued support
    of the Club and our team members!

    Sincerely,

    Jim Richerson, PGA


    President, PGA of America

    Keith Reese, PGA


    General Manager

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