Tiger Woods joins PGA policy board after players' concerns about transparency | CNN Business

  • 📰 cnni
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

Business News News

Business Business Latest News,Business Business Headlines

Golf’s power structure took a sharp shift to the players Tuesday when Tiger Woods was named as the sixth player director on the powerful PGA Tour policy board

The move gives the players a one-seat advantage on the board after the controversial merger in June between the PGA Tour and Saudi-backed LIV Golf. Five of the policy board members are independent directors, with professional backgrounds in law and business. Amid sweeping changes to the professional golf landscape, the PGA Tour said the new agreement would allow for the tour to remain a “player-driven organization” and that the tour is “for the players, by the players.

McIlroy, who was among the group of 41 players, had said he would rather retire than compete on the LIV Golf tour, even if it “was the last place on Earth to play golf.” The PGA Tour and LIV Golf, which is financed by the Saudi Public Investment Fund, merged in secret negotiations, ending a feud that had dogged the sport for the past year. Many elite PGA golfers accepted highly lucrative offers from LIV Golf, including Phil Mickelson, Dustin Johnson, Sergio Garcia and Bubba Watson.

 

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:

 /  🏆 326. in BUSİNESS

Business Business Latest News, Business Business Headlines