Faldo was recently accused by Adams Golf of breach of contract, saying he was not playing Adams clubs as agreed to in a 10-year contract signed in 1998. The company stopped making payments to Faldo.
Faldo argued Adams gave him only one set of clubs, which he returned.
'The problem is the company has been under pressure. It went public, and then they had to satisfy stockholders and we then ended up doing everything totally differently from what the original intention was at signing,' said Faldo.
Faldo added, 'If someone stops paying me, I'm not going to represent them.'