PGA Tour-LIV Golf merger 'disruptive’ for the sports industry, 'Shark Tank' star says

  • 📰 FoxNews
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 87%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

'Shark Tank' star and investor Kevin O'Leary says the PGA Tour and LIV Golf merger makes the sport bigger and better – calling on tennis, soccer, and Formula 1 to 'bring it on.'

It also signaled that the dispute between the PGA Tour, its European tour and LIV Golf, which attracted some major golfers to join its lineup, will be coming to an end - including associated legal action.

"Shark Tank" star Kevin O’Leary predicted the PGA Tour and LIV Golf merger will be"disruptive" across the sports industry and bring forth new market competition, on"Varney & Co." Thursday, June 8, 2023."They want golf to be a global platform. This is a sport that could be relevant all around the world, and the best way to do it is to put these two behemoths together," the "Shark Tank" investor said.

Attorneys for the LIV Golf circuit admitted that"virtually zero" revenue was produced in 2022 in a motion filed with the U.S. District Court for Northern California in February.over the last three years, O’Leary argued, and is executing that growth with the golf merger. "Every partnership in every sector has its ups and downs. But it's clear to me now that the PGA and every golfer, even the critics, are better off," he pointed out. "Better purses, more diversified locations, more team excitement and a brand new multi-billion audience for golf."

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 9. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Golf's PGA Tour and LIV merger is the latest power play by Saudi ArabiaObservers say the PGA Tour and LIV merger is the Saudis’ latest attempt to flex their influence across a breadth of American institutions and mine economic opportunities in spite of tense relations with the West in recent years.
출처: NBCNews - 🏆 10. / 86 더 많은 것을 읽으십시오 »

LIV Golf, PGA Tour merger was inevitable; so is the blowbackCriticism of golf merger may be valid, but face it: We're all partners when it comes to supporting Saudi Arabia with our money
출처: sdut - 🏆 5. / 95 더 많은 것을 읽으십시오 »

After shock LIV Golf-PGA merger, what sports are next for Saudis?The Saudis’ Public Investment Fund has recently thrown mega bucks at the world’s best soccer players and reportedly made a run at WWE and Formula 1.
출처: nypost - 🏆 91. / 67 더 많은 것을 읽으십시오 »

The PGA Tour’s Antitrust Problem Isn’t Going Away With LIV MergerThe PGA Tour-LIV Golf merger stunned the golf world. But for an industry already under investigation by the Justice Department for antitrust violations, it might not stand up to federal scrutiny.
출처: WSJ - 🏆 98. / 63 더 많은 것을 읽으십시오 »