Tiger Woods rejects Paddy Power advances

Bookmakers Paddy Power have stated that Tiger Woods has turned down a $75 million sponsorship offer from the Dublin firm.

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.

But Paddy Power aim to continue talks before making a revised offer.

In a statement Paddy Power said: ‘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.’

Woods has seen a number of high-profile sponsors end their links with him following the publicity surrounding allegations that he had extra-marital affairs.

He has yet to return to playing and recently made a public apology over his actions.