Greg Norman insists LIV Golf 'not going anywhere' despite PGA Tour and PIF deal

LIV Golf chief executive Greg Norman reportedly said the breakaway tour is "not going anywhere" in a meeting with staff following the unexpected announcement that will see the PGA Tour and DP World Tour become partners with Saudi Arabia's Public Investment Fund (PIF).

On Tuesday, the PGA Tour, DP World Tour and PIF announced that a new for-profit entity would be formed by the three parties, of which the PIF would have a minority equity ownership share. The new entity would be chaired by PIF governor Yasir Al Rumayyan, with PGA Tour commissioner Jay Monahan its chief executive.

The partnership is set to bring to an end ongoing tensions and hostilities between golf's two biggest traditional tours and LIV Golf – the breakaway series created and financed by the PIF and which successfully recruited several of the sport's biggest players.

When asked during a press conference if the new partnership meant LIV Golf still had a future, Monahan said he "can't see that scenario", given the conflicts of interest PIF could potentially face as an investor in the PGA Tour and as the primary financial backer for a rival tour.

By extension, the future has become uncertain for LIV Golf chief Norman, who was only informed of this new partnership moments before Al Rumayyan and Monahan appeared in a television interview with CNBC.

Yet, according to Sports Illustrated, Norman remains defiant that LIV Golf does have a future and shared his confidence with around 100 staff members during a 30-minute call.

"The spigot is now wide open for commercial sponsorships, blue-chip companies, TV networks," the Australian reportedly said.

"LIV is and will continue to be a standalone enterprise. Our business model will not change. We changed history and