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Mickelson keeps deal with Barclays

He says he will stay with the company despite a growing scandal over interest rate fixing.

by Southland GolfPublished: July, 2012

Mickelson at the 2012 U.S. Open (photo: courtesy USGA)

Phil Mickelson will keep his endorsement deal with Barclays, the British banking concern, despite a growing investigation into interest rate fixing.

Mickelson was drawn into the fray before the opening of The Greenbrier Classic on Thursday when he was asked about his multi-year contract with Barclays.

“It won’t affect my relationship with Barclays from a business side. Well, not contractually, but business relationships are all about personal relationships as well, especially in that industry. So over the course of the next 4-5 years, which is where contractually we’re together, we’ll have different personal relationships being made.”

The scandal has forced the resignation of Barclays CEO Bob Diamond and other executives.

“Personally I’m crushed because I have really enjoyed my time with Bob,” Mickelson said at his pre-first round news conference. “I think the world of him as a person, as a CEO, and I think that these last 5-6 years that I’ve been associated with the bank, the time I’ve spent with him, I’ve really enjoyed and I’ve cherished and it’s been one of the most interesting parts of my career.”


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