PGA Tour-LIV golf merger shocks players, sponsors and fans

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 92%

Österreich Nachrichten Nachrichten

Österreich Neuesten Nachrichten,Österreich Schlagzeilen

The bombshell development represents a stunning turnaround and an uncertain new direction for the sport

One of the oldest and most tradition-bound sports was thrown into chaos on Tuesday after the Professional Golf Association Tour announced it would merge with LIV Golf, a one-year-old interloper backed by the Public Investment Fund of Saudi Arabia. LIV had disrupted the sport by luring away some of the world’s top male players with eye-popping paydays in a multibillion-dollar sportswashing effort.

”The binding element to it is the drop of the litigation,” said Mr. Monahan, of the agreement, underscoring how significant a threat the lawsuits had become. Putting the PGA Tour further on its back heel, the United States Department of Justice began an antitrust investigation of the organization. That action is said to be unaffected by the agreement with LIV.at the Toronto-area Oakdale Golf and Country Club after last year’s edition – the first in three years to take place without pandemic restrictions – had teed off during LIV’s inaugural weekend event.

The swirl of uncertainty pulled in the British golfer Matt Fitzpatrick, who had suggested earlier this year that former colleagues who had defected to the LIV Tour should be banned from the PGA circuit. Mr. Fitzpatrick chose to avoid his scheduled press availability on Tuesday.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 5. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

PGA Tour, LIV Golf, DP World Tour announce mergerThe most disruptive year in golf ended Tuesday when the PGA Tour and European tour agreed to a merger with Saudi Arabia's golf interests, creating a commercial operation designed to unify professional golf around the world. As part of the deal, the sides are dropping all lawsuits involving LIV Golf against each other effective immediately. TSN's Mark Zecchino and Adam Scully discuss the breaking news.
Herkunft: TSN_Sports - 🏆 80. / 51 Weiterlesen »