News Formal

Still no deal in PGA-Saudi PIF merger plan

  • 📰 TheManilaTimes
  • ⏱ Reading Time:
  • 23 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 92%

Still Nyheter

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.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 2. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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.
Källa: TheManilaTimes - 🏆 2. / 92 Läs mer »