06 March,2010 07:26 AM IST | | AFP
US golfer Tiger Woods turned down a 75-million-dollar sponsorship offer from bookmakers Paddy Power. Paddy Power had made an initial offer to pay the sum over a five-year period but, after talks with Woods' management company IMG, that was rejected. They aim to continue talks.u00a0
"Paddy Power remains keen to work with Tiger Woods, and will re-engage with IMG. An enhanced offer will be made, the details of which will remain confidential."