PGA Tour talks with Saudi PIF 'accelerating' over LIV link-up - Jay Monahan
The PGA Tour and Saudi Arabia's Public Investment Fund have ramped up discussions on a deal announced last June that would ally the tour and the financial arm of LIV Golf.
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The PGA Tour and Saudi Arabia's Public Investment Fund have ramped up discussions on a deal announced last June that would ally the tour and the financial arm of LIV Golf.
Masters champion Jon Rahm has become LIV Golf’s most significant signing since it launched just 18 months ago.
In a deal that could have a far-reaching impact on the future landscape of men's professional golf and inject even more uncertainty into an already-fractured sport, Masters champion Jon Rahm has agreed to leave the PGA Tour for the Saudi Arabian-financed LIV Golf League, sources confirmed to ESPN on Thursday.
The PGA Tour Policy Board sent out a two-page memo to the Tour's members late Friday night encouraging unity and a willingness to negotiate with potential investors amid a flurry of rumours that suggest that LIV Golf is looking to add to its player pool.
NASSAU, Bahamas — PGA Tour commissioner Jay Monahan is scheduled to meet with Yasir Al-Rumayyan, governor of Saudi Arabia's Public Investment Fund, next week to continue negotiations on a potential alliance, and Monahan said he hopes to reach a deal with the PIF and at least one other investor before the end of the year.
Jordan Spieth will serve the remainder of Rory McIlroy's term as a player director on the PGA Tour's policy board.
ST. SIMONS ISLAND, Georgia — Four-time major champion Rory McIlroy, one of the PGA Tour's most vocal supporters during its battle with LIV Golf, has resigned as a player director on the tour's influential policy board, a tour official confirmed to ESPN on Tuesday.
The Fenway Sports Group has had talks with the PGA Tour about a potential partnership as questions arise about the proposed business agreement with Saudi-funded LIV Golf.