Fallout from the PGA's shocking merger with LIV

  • 📰 YahooNews
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 59%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

As part of the deal, the Saudi investment fund will become the sole financial backer of the newly unified tour. The agreement also closes out all litigation between the two groups, including an antitrust suit filed against the PGA by several LIV players.

. Many said the decision may have caused irreparable damage to the PGA’s relationship with its players and the fans who enjoy the sport.

Whatever the motivation behind it, many observers say the merger marks a major breakthrough for Saudi Arabia’s “sports washing” campaign of using athletics as a way to counter its image as a brutal authoritarian state.Many questions remain about how things will work in professional golf now that the two tours have combined forces, including what the move means for sponsors, broadcasters and players who left for LIV.

‘We don’t want these guys coming along, stealing some of our biggest names, and hosting their own tournaments and getting their own television deals’

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 380. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Brooks Koepka’s PGA Championship win major factor in PGA-LIV merger: Reed DickensKoepka’s win on May 21 in one of the sport’s four major tournaments made a mockery of the golf rankings, Dickens said.
Source: nypost - 🏆 91. / 67 Read more »

Opinion | The PGA and LIV Golf Merger Is the Revenge of the Saudi ‘Pariah’From WSJopinion: Is Saudi Arabia’s Crown Prince Mohammed bin Salman trolling President Biden?
Source: WSJ - 🏆 98. / 63 Read more »

PGA Tour Accused of Taking Saudi 'Blood Money' in Surprise Merger With LIV GolfThe PGA Tour surprised the golf world on Tuesday by agreeing to merge with the Saudi-backed LIV Golf league. See potential bias and similarities in coverage from NRO, nypost and MSNBC: PGALIVMerger
Source: AllSidesNow - 🏆 572. / 51 Read more »

Mitch McConnell doesn't believe PGA Tour merger with Saudi-backed LIV Golf has 'governmental concern'Sen. Mitch McConnell has seen the historic merger between the PGA Tour and Saudi-backed LIV Golf, but he isn't concerned that governmental intervention will be needed.
Source: FoxNews - 🏆 9. / 87 Read more »

Golf's PGA Tour and LIV merger is the latest power play by Saudi ArabiaObservers say the PGA Tour and LIV merger is the Saudis’ latest attempt to flex their influence across a breadth of American institutions and mine economic opportunities in spite of tense relations with the West in recent years.
Source: NBCNews - 🏆 10. / 86 Read more »