In shocker, PGA Tour and LIV Golf agree to merger

  • 📰 TheAthletic
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

NEWS: The PGA Tour, DP World Tour and LIV Golf are merging commercial operations under common ownership, they announced. The deal will end all pending litigation between the three parties.

, LIV Golf and DP World Tour are merging commercial operations under common ownership, they announced Tuesday. Here’s what you need to know:The three organizations “will work cooperatively and in good faith to establish a fair and objective process” for players who wish to re-apply for membership with the PGA Tour or the DP World Tour following the completion of the 2023 season.

The controversial Saudi-backed LIV Golf circuit launched last year, drawing prominent names like Brooks Koepka, Dustin Johnson and Phil Mickelson. Saudi Arabia’s Public Investment Fund will invest in the new combined entity, whose Board of Directors will include PIF’s Governor Yasir Al-Rumayyan as chairman and PGA Tour commissioner Jay Monahan as chief executive officer.The reality is the “why” of the move is still incredibly unclear. The PGA was winning battles in court. Ratings for LIV events were abysmal with very little interest.

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:

 /  🏆 54. in İE
 

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

Ireland Ireland Latest News, Ireland Ireland Headlines

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

PGA Tour, DP World Tour LIV golf agree shock merger'This transformational partnership recognizes the immeasurable strength of the PGA Tour's history, legacy and pro-competitive model and combines with it the DP World Tour and LIV.'
Source: MetroUK - 🏆 13. / 82 Read more »

Stunning home with golf course hits market but don't drive up the asking priceA luxury home with 10 bathrooms, chef's kitchen, pantry and games room is now on the market... and also comes with its own golf course
Source: Daily_Record - 🏆 9. / 89 Read more »