Saudi adviser proposed giving Tiger Woods and Rory McIlroy ownership of LIV Golf teams, documents show | CNN Business

📆 12/07/2023 05:16:00
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Prior to a truce between the PGA Tour and LIV Golf last month, an adviser to the Saudi Public Investment Fund proposed that Tiger Woods and Rory McIlroy could own LIV Golf teams and play in the Saudi-backed tour, according to a report

In an April 26 meeting, PCP Capital Partners, a Saudi PIF adviser, presented a slideshow to PGA Tour board member Jimmy Dunne and PGA Tour Policy Board Chairman Edward Herlihy entitled “The Best of Both Worlds.” The slideshow proposed that McIlroy and Woods would own LIV Golf teams and participate in at least 10 LIV Golf events, documents showed.

” The earliest communication regarding the possibility of a PGA Tour and PIF agreement occurred in December, according to the subcommittee summary, when British businessman Roger Devlin wrote to Dunne.

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