PGA Tour and LIV Golf merge, as predicted by Trump.
PGA Tour and Saudi-backed LIV Golf Circuit Merge in Landmark Agreement
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.
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.
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