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Still no deal in PGA-Saudi PIF merger plan

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No,Deal,In

PINEHURST, USA — One year after the shock unveiling of a merger agreement between the PGA Tour and LIV Golf's Saudi financial backers, the controversial move has not produced a finalized deal.

PINEHURST, USA — One year after the shock unveiling of a merger agreement between the PGA Tour and LIV Golf's Saudi financial backers, the controversial move has not produced a finalized deal.It was June 6, 2023, when PGA Tour commissioner Jay Monahan and Saudi Arabian Public Investment Fund governor Yasir Al-Rumayyan announced their plan to unify the PGA and LIV, restoring a single tour for golf's best talent.

A December 31 deadline was missed, and a transaction subcommittee is now charged with negotiations, with player member Rory McIlroy telling Sports Illustrated they have spoken with the Saudis three times a week in the past month.A Friday gathering in New York with Monahan, Al-Rumayyan and Tiger Woods involved was the first in-person meeting since March, McIlroy calling it 'big-boy stuff' with business leaders, not players, leading talks.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

PGA set for direct PIF merger talksWASHINGTON, D.C. – Rory McIlroy revealed details about a new PGA Tour subcommittee created to conduct direct talks with Saudi Arabia's Public Investment Fund (PIF) about finalizing a merger deal.
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