Tiger to lose millions!

How Woods’ ‘transgressions’ will dent his bank balance
Monday , 14 December 2009
Tiger to lose millions!

Embattled golf superstar TIGER WOODS' affairs are damaging more than his home life - he reportedly faces losing two of his mega-bucks sponsorship deals.

Woods has endured a rocky two weeks following a car crash outside his Florida mansion earlier this month after a bust-up with wife Elin Nordegren over his infidelity.

And despite trying to limit the damage to his tarnished reputation, Woods' deals with Gillette and U.S. telecoms giant ATT - rumoured to be worth up to $20 million - are in the balance following his announcement he will make an "indefinite" departure from golf.

Bosses at Proctor Gamble, which owns Gillette and has used Woods in its global ad campaigns since 2007, have issued a statement saying they are "limiting" his part in their promotions.

The statement reads, "As Tiger takes a break from the public eye, we will support his desire for privacy by limiting his role in our marketing programs."

And ATT bosses have followed suit, insisting: "We support Tiger's decision and our thoughts will be with him and his family. We are presently evaluating our ongoing relationship with him."