Rory McIlroy business venture hits eye-watering valuation ahead of launch

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Rory Mcilroy Nouvelles

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Rory McIlroy and Tiger Woods will launch their new TGL indoor golf league in January

A new business venture from Rory McIlroy and Tiger Woods has been valued at a whopping £395million ahead of its launch date. The pair have teamed up to create the tech-infused TGL indoor golf league, having secured start-up funding from TMRW Sports.

The concept has been warmly received and is predicted to be a big success, with Front Office Sports valuing TMRW Sports at £395m, even though the competition is still six months away from its launch, reports the Express.Read more: Booze theme continues as English club announces signing of NI star The valuation is likely to skyrocket further if the plan unfolds as anticipated. The fact that Woods and McIlroy can associate their names with a company and watch it grow to be worth half a billion dollars without an event even being staged will undoubtedly boost their confidence that their business venture was the right move.

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France Dernières Nouvelles, France Actualités