The PGA Tour announced on Tuesday it is merging forces with the Saudi Arabia’s golf venture.<\/p>\n
The move will see the tour make a commercial operation with the Public Investment Fund and the European tour.<\/p>\n
As a consequence all lawsuits against LIV Golf will be dropped, which would see them end their long-term feud.<\/p>\n
The deal concludes that the PGA will still have the majority stakes, but the governor of Saudi Arabia’s wealth will be joining the board of directors.<\/p>\n
\u201cThey were going down their path, we were going down ours, and after a lot of introspection you realize all this tension in the game is not a good thing,\u201d said Jay Monahan, the PGA Tour Commissioner.<\/p>\n
\u201cWe have a responsibility to our tour and to the game, and we felt like the time was right to have that conversation.\u201d<\/p>\n
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The PGA Tour announced on Tuesday it is merging forces with the Saudi Arabia’s golf venture. The move will see the tour make […]<\/p>\n","protected":false},"author":4224,"featured_media":437402,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false},"tags":[17867,16988],"news_category":[16713],"gn_keywords":[18615,18616],"acf":{"announce":"The golf tour made a stunning announcement, which will see it join forces with the Saudis","video":[]},"rank_math_focus_keyword":"","rank_math_description":"","rank_math_title":"","rank_math_robots":"","rank_math_canonical_url":"","rank_math_facebook_title":"","rank_math_facebook_description":"","rank_math_facebook_image":"","rank_math_twitter_title":"","rank_math_twitter_description":"","rank_math_twitter_image":"","rank_math_snippet_shortcode":"","rank_math_primary_category":"","rankmath_seo":{"focus_keyword":"","description":"","title":"","canonical_url":"","robots":"","facebook":{"title":"","description":"","image":""},"twitter":{"title":"","description":"","image":""}},"_links":{"self":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/437401"}],"collection":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/users\/4224"}],"replies":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/comments?post=437401"}],"version-history":[{"count":0,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/437401\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/media\/437402"}],"wp:attachment":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/media?parent=437401"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/tags?post=437401"},{"taxonomy":"news_category","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news_category?post=437401"},{"taxonomy":"gn_keywords","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/gn_keywords?post=437401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}