oann

PGA Tour and LIV Golf merge, as predicted by Trump.

PGA Tour and Saudi-backed LIV Golf Circuit Merge in Landmark Agreement

Rory McIlroy of Northern Ireland reacts to missing a putt on the 13th green during the final round of the Memorial Tournament presented by Workday at Muirfield Village Golf Club on June 04, 2023 in Dublin, Ohio. (Photo by Michael Reaves/Getty Images)

The PGA Tour announced on Tuesday in a landmark agreement that it will be merging with the Saudi-backed LIV Golf circuit. This is a historic day for the game we all know and love,” said PGA TOUR Commissioner Jay Monahan in a statement. “This transformational partnership recognizes the immeasurable strength of the PGA TOUR’s history, legacy and pro-competitive model and combines with it the DP World Tour and LIV.”

“Going forward, fans can be confident that we will, collectively, deliver on the promise we’ve always made – to promote competition of the best in professional golf and that we are committed to securing and driving the game’s future,” Monahan said.

The agreement will merge the PGA Tour and LIV Golf into a “new, collectively owned, for-profit entity to ensure that all stakeholders benefit from a model that delivers maximum excitement and competition among the game’s best players.” Part of the agreement has the Saudi PIF making a “capital investment” into the newly established entity. All litigation between the two will also end allowing players that left their respective tours to be reinstated following the 2023 season.

“We are pleased to move forward, in step with LIV and PIF’s world-class investing experience, and I applaud PIF Governor Yasir Al-Rumayyan for his vision and collaborative and forward-thinking approach that is not just a solution to the rift in our game, but also a commitment to taking it to new heights,” Monahan said.

During the inaugural season of LIV Golf in 2022, there was immediate pushback from the PGA announcing indefinite suspensions for any members looking to play in LIV. The DP World Tour followed in the PGA’s footsteps, prompting lawsuits. Some players including Rory McIlroy also spoke out publicly against the Saudi-backed tour.

Via. @realDonaldTrump on Truth Social

Trump’s prediction proved to come true as the merger is taking place as the LIV Golf tour is now in its second season. White House Press Secretary, Karine Jean-Pierre, refused to comment on the recent merger when asked about it in a briefing.

According to a statement released by the PGA Tour, all parties are working to finalize the terms of the agreement in the coming months, with details to be announced soon. Stay informed! Receive breaking news blasts directly to your inbox for free. Subscribe here.

Other Headlines:

  • The House is expected to move forward with hearings on whether to hold FBI Director Christopher Wray in contempt of Congress.
  • Fast food giant Chick-Fil-A joins Target and Bud Light as the latest casualty to face a boycott.
  • Interview with Drew Hernandez
  • Interview with Dr. Peter McCullough
  • Taiwan chipmaker TSMC is feeling “good” about talks towards setting up its first European factory in Germany.
  • Hong Kong’s central bank plans to test the use of its digital currency.
  • Investors have pulled around $780 million from crypto exchange Binance in the last 24 hours, data firm Nansen said.

Read More From Original Article Here: PGA Tour merges with LIV Golf, Trump predicted it

" Conservative News Daily does not always share or support the views and opinions expressed here; they are just those of the writer."
*As an Amazon Associate I earn from qualifying purchases

Related Articles

Sponsored Content
Back to top button
Available for Amazon Prime
Close

Adblock Detected

Please consider supporting us by disabling your ad blocker