PGA Tour commissioner says LIV Golf merger is on 'right path,' but some players remain skeptical

Switzerland Nachrichten Nachrichten

PGA Tour commissioner says LIV Golf merger is on 'right path,' but some players remain skeptical
Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

In June, the PGA Tour reached an agreement with LIV Golf, which is funded by the Saudi Arabia sovereign wealth fund, to create a new entity to 'unify' golf.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

PGA Tour Commissioner Jay Monahan says he regrets keeping golfers in the dark about the tour’s LIV Golf merger deal, but remains steadfast that the deal will be finalized this year.

“I put players on their back foot,” Monahan said in his first public comments since July 17. “That’s something I regret and will not do again.” “There is the short term and there is the long term. Looking out over the horizon, we feel like this is the right move for the PGA Tour to create a new commercial model that allows PIF to invest … and to be able to grow the PGA Tour that will reward players and fans,” Monahan said.Monahan, who met with players on Tuesday to further discuss the PGA-LIV merger, is returning from a medical absence where he was “dealing with anxiety, which created physical and mental-health issues and challenges.

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:

MarketWatch /  🏆 3. in CH
 

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen



Render Time: 2025-01-13 23:41:06