Report: PGA Tour-LIV deal worth £1 billion struck to end civil war
Nov 3, 2024 · The PGA Tour and the Saudi owners of LIV Golf are set to remove the dark cloud of conflict that’s dominated the sport for two years. David Facey of the Sun has reported the US circuit and the Public Investment Fund have struck a £1 billion deal which includes an 11% stake in the tour for the Kingdom’s sovereign wealth fund, reportedly ...
What will happen to LIV Golf as mega-money deal almost struck …
Nov 2, 2024 · According to the report, PIF – the Saudi Public Investment Fund who back LIV – will pay around $1bn to the PGA Tour for an 11% stake in the product. Crucially, LIV will also get two seats on the board at PGA level, including a chairmanship spot.
LIV just announced 4 new signings — here’s why they’re intriguing
Jan 31, 2024 · LIV confirmed several new signings ahead of its Mayakoba event including PGA Tour winners, DP World Tour stars and one top amateur.
LIV Golf and PGA Tour merger: here’s everything you need to know
Jun 7, 2023 · The US-based PGA Tour said its merger with the breakaway LIV Golf and the DP World Tour would “unify the game,” with all pending litigation mutually ended under the new agreement.
LIV Golf's future and players' return at the center of PGA Tour-PIF ...
Sep 20, 2024 · Sources tell Golf Digest that LIV Golf's future is at the center of talks between the PGA Tour and Saudi Arabia's Public Investment Fund.
The PGA Tour and LIV Golf Merger, Explained - The New York Times
Jun 7, 2023 · The PGA Tour and LIV announced on June 6 the creation of a new entity that would combine their assets, as well as those of the DP World Tour, and radically change golf’s governance.
PGA Tour and LIV Golf make their merger terms clear as deal …
May 22, 2024 · A merger deal between the PGA Tour and the Saudi Arabia Public Investment Fund (PIF), which bankrolls LIV Golf, is edging closer after the parties "exchanged term sheets in recent days".
PGA Tour and LIV Golf Agree to Merger - The New York Times
Jun 6, 2023 · The deal to merge the PGA Tour and LIV Golf, the rival league financed by billions of dollars from Saudi Arabia’s sovereign wealth fund, was seen as a victory for Saudi Arabia on multiple...
LIV Golf and PGA Tour merger, explained: Why golf's ... - Sporting News
Jun 27, 2023 · After a few years of verbal sparring, court filings and bad blood, the PGA Tour and LIV Golf have agreed to merge, ending golf's civil war in a stunning turn of events.
PGA Tour and Saudi-backed LIV merge in end to bitter golf rivalry
Jun 6, 2023 · The PGA Tour and Saudi-backed LIV Golf announced a merger Tuesday in a stunning end to their bitter rivalry on the fairways, in the courts and on the geopolitical stage.