Golf merger unravelling after PGA Tour rejects $1.5bn deal with Saudis

By Pune Media On Apr 4, 2025

Golf is heading back towards another power struggle after the PGA Tour refused to accept the conditions for a $1.5billion (£1.16billion) deal with the Saudi Public Investment Fund (PIF).

Talks have stalled because the PGA Tour does not agree with the PIF governor Yasir Al-Rumayyan’s view on the status of LIV Golf going forward. Al-Rumayyan, who is also the chairman of LIV — the Saudi-funded breakaway which tore the game apart three years ago — wants the team series to remain a full-blown global league rather than a much-reduced add-on to the established tour.

It is also understood that the PGA Tour has refused Al-Rumayyan’s wish to become co-chairman of PGA Tour Enterprises, which will go down badly in Riyadh. When the framework agreement was

[ad_1]

_{Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.}

_{Aggregated From –}

_{Source link}

[ad_2]