Tuesday morning, breaking news struck the golf world: The PGA Tour will merge with LIV Golf, a tour backed by the Saudi Arabia Public Investment Fund .the merger on Truth Social in July 2022.
“All of those golfers that remain ‘loyal’ to the very disloyal PGA, in all of its different forms, will pay a big price when the inevitable MERGER with LIV comes, and you get nothing but a big ‘thank you’ from PGA officials who are making Millions of Dollars a year,” Trump said. “If you don’t take the money now, you will get nothing after the merger takes place.”
Sure enough, it appears LIV Golf players, who received massive signing bonuses, will keep their money and rejoin their PGA Tour colleagues, many of whom decided to forgo the LIV Golf tour because they refused to take so-called “blood money.”“GREAT NEWS FROM LIV GOLF. A BIG, BEAUTIFUL, AND GLAMOROUS DEAL FOR THE WONDERFUL WORLD OF GOLF. CONGRATS TO ALL!!!,” he said.
According to CNBC, the two entities will combine into one commercial business with a yet-to-be-named company, concluding the contentious battle. The PGA Tour worked hard over the years to demonize LIV Golf as the Saudi-backed “blood money” tour. Now the PGA Tour players who spoke against the source of LIV Golf’s funding will tie themselves to the same source.
HAPPENING NOW: Former President Donald Trump teeing off at the LIV Golf ProAm Tournament at Trump National in Virginia
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Fuente: MarketWatch - 🏆 3. / 97 Leer más »