Players still in the dark over PGA Tour-LIV Golf merger

  • 📰 nypost
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 67%

Business News News

Business Business Latest News,Business Business Headlines

Confusion reigns at the highest level of men’s professional golf as players prepare for this week’s U.S. Open at Los Angeles Country Club.

The PGA Tour vs. LIV Golf, the acrimonious battle that suddenly became a most unlikely partnership via a stunning joint announcement last Tuesday, has left a lot of unanswered questions.

that backs LIV Golf financially, came together in that kumbaya staged interview on CNBC last Tuesday to announce the partnership that Monahan called a “framework agreement,’’ it stunned the golf world and stung many PGA Tour players who turned away lucrative Saudi offers to join LIV Golf. Asked to elaborate on his confusion, Fitzpatrick said, “I just don’t know what’s going on [and] I don’t think anyone knows what’s going on. Are we signing with the PIF, are we not signing with the PIF? I have no idea. It’s pretty clear that nobody knows what’s going on apart from about four people in the world.’’PGA Tour-LIV Golf blockbuster leaves surprise and anger in its wake

 

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

 /  🏆 91. in BUSİNESS

Business Business Latest News, Business Business Headlines

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

The PGA Tour-LIV Golf merger, explained: Who won, who lost, what it means for fansIn one of the most consequential moments in golf history, the PGA Tour and LIV Golf announced on Tuesday morning that they would combine operations to create an as-yet-unnamed new worldwide golf entity. The agreement ends litigation between the two tours, provides a potential pathway for LIV Golf players to rejoin the PGA Tour, and sets up a framework where Saudi Arabia's Public Investment Fund (PIF) now has a significant stake in the future of men's professional golf.
Source: WOKVNews - 🏆 247. / 63 Read more »

PGA Tour goes full hypocrite in its merger with LIV GolfJust last month, the PGA Tour — the pure, pure, ethically-minded PGA — was so aghast at having even a hint of association with Saudi Arabia, that, per GolfWeek, it blocked the Byron Nelson tournament from adding Raytheon Technologies as a title sponsor.
Source: WOKVNews - 🏆 247. / 63 Read more »

Senator opens investigation into PGA Tour merger with Saudi-backed LIV GolfThe sudden merger between PGA Tour and Saudi-owned Liv Golf has invited scrutiny from federal lawmakers.
Source: CNBC - 🏆 12. / 72 Read more »