Nobody saw this one coming... ⛳🔥 9WWOS
From the commercial side, the governor of Saudi Arabia's sovereign wealth fund joins the PGA Tour board of directors and leads the new venture as chairman, though the PGA Tour will have a majority stake.The announcement comes a year after LIV Golf began.
One news outlet broke an embargo of the announcement about 30 minutes early and before some players were able to read Monahan's memo to them. Yasir Al-Rumayyan, the governor of Saudi Arabia's sovereign wealth fund, will join the board of the PGA Tour. Monahan said the merger came together in the past seven weeks, with PGA Tour board member Jimmy Dunne responsible for bringing together Monahan and Al-Rumayyan.
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