A golf club can include a universal hosel and/or hosel spacer that allows the golf club to be used with a variety of different sized club head shafts. The universal hosel can include multiple steps or ledges, and various inner diameters to accommodate different sized shafts. The spacer can be a self-expanding spacer, and can be pre-coated with epoxy. The spacer can fill in gaps within a hosel, so as to accommodate different sized shafts.