Still no deal in PGA-Saudi PIF merger plan

Still News

Still no deal in PGA-Saudi PIF merger plan
NoDealIn
  • 📰 TheManilaTimes
  • ⏱ Reading Time:
  • 23 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 92%

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheManilaTimes /  🏆 2. in PH

No Deal In PGA-Saudi PIF Merger Plan

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PGA set for direct PIF merger talksPGA 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.
Read more »

Schauffele finally adds some major silverware to Olympic gold with PGA Championship winSchauffele finally adds some major silverware to Olympic gold with PGA Championship winXander Schauffele claims his first major win as he beats out Bryson DeChambeau by one shot for the PGA Championship trophy
Read more »

Schauffele birdies final hole, rules PGA for 1st major winSchauffele birdies final hole, rules PGA for 1st major winDefining the News
Read more »

Woods packing his bags after disastrous PGA Championship outingWoods packing his bags after disastrous PGA Championship outing15-time major winner Tiger Woods misses the cut in the PGA Championship after struggling in the second round
Read more »

Police arrest golf world No.1 Scheffler outside PGA coursePolice arrest golf world No.1 Scheffler outside PGA courseLOUISVILLE, USA — Golf world No. 1 Scottie Scheffler was handcuffed and arrested on Friday (Saturday in Manila) after allegedly dragging a police officer with his car while trying to avoid traffic controls outside the PGA Championship at Valhalla.
Read more »

Scheffler fires 66 after arrest on 'chaotic' day at PGAScheffler fires 66 after arrest on 'chaotic' day at PGALOUISVILLE, Kentucky – Golf world No. 1 Scottie Scheffler was handcuffed and arrested on Friday (Saturday in Manila) after allegedly dragging a police officer with his car while trying to avoid traffic controls outside the PGA Championship at Valhalla.
Read more »



Render Time: 2025-02-26 02:02:54