The Golf Central crew discuss the news that the PGA Tour, Public Investment Fund (LIV Golf) and DP World Tour will be combined into what is tentatively called NewCo, where Jay Monahan will be the CEO and PIF governor Yasir Al-Rumayyan will serve as the chairman. #GolfChannel #GolfCentral #PGATour
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Unpacking latest news surrounding PGA Tour, PIF, DP World Tour merger | Golf Central | Golf Channel
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19 Comments
Who are they kidding? …PIF will not remain in non controlling voting interest…..not for a $Billion. If they're looking for communication specialists to 'smooth' over this deal and give it the optics PIF needs to mole their way into sports entertainment and eventually hijack the industry….borrow Bill Clinton's former campaign communications director turned GMA anchor George Stephanopoulos.
Defectors? Seems a bit extreme for people who leave their current employer for better wages. Maybe just former pga players.
Haha. Im making 100 million a year playing 14 times. I think ill go back to the pga, play 25 times and make 10 million. You guys are stupid beyond belief
PGA sold out to foreign interests. Sad day for golf.
Why should the players who left be punished,,,when basically Monahan grabbed his bag from the Saudis, too?
You guys call yourself "reporters?" What a joke. The "merger" is the PGA Tour, DP Tour and LIV Tour. PIF and the board of directors will address the structure of the NEW Tour. You fools keep leaving the LIV Tour out due to your discriminational mindset. GROW UP!
Canned questions with tele-prompter responses. Great job, Golf channel!
Why do people keep saying ex players want to go back to the PGA? The only players on Liv, that will want to play on the PGA ,will be because they can NOT play on Liv. Liv Golf WINS here, now they can get world ranking and will play in the Majors,,,end of story! The media should be saying MORE PGA players will want to join Liv tour. The Media is just not saying the FACTS! The PGA messed up BIG time and is still messing up, PGA players are now gonna be PAID to stay,,,,just watch.
I wanna see Monaghan kicked out.
Please stop sharing this boring , lackluster lawyer, her voice is perfect for lecture halls, that’s literally it…. Stoooop putting her…. Ask PIF for some money to get a REAL lawyer
There are so many open questions and given the regulatory issues in America, Europe, UK and Asia it’s highly likely this deal fails. I am sure other deals are being investigated by the players as clearly they were not consulted at all in this deal. To describe the PGA Tour as a player led organisation rings hollow given even the player reps were not involved. I find it intriguing not one word from Tiger. Maybe the PGA tour has had its day and LIV is a financial disaster, something new emerges with the players truly in control.
Pull up a chair and get out the popcorn it’s going to be a long bumpy ride.
Soon Saudi, Russian, and other world-wide oligarchs will soon own half of US assets. I can not support a PGA owned by a murderous foreign state. Pro golf is dead. I’ll be seeking out more college golf and will no longer watch any pro/mercenary golf.
Nuco that’s a fitting name
Screw LIV. Pathetic.
Where is Greg Norman in all of this malarkey?
Boring . I’m sick of this now. Most people are only interested in the majors. Ryder Cup . PGA tour has become to powerful i grew up in uk 80s 90s all my hero’s Faldo, seve they played in Europe and just went to USA to play the majors. European tour is terrible now doesn’t have any top players entering events now. Keith Pelley has killed DP World tour now how he has a job is beyond me.
This is what a Hostile Takeover looks like in professional golf. Newco? What kind of crap name is that? The only integrity left for golf is now left to the amateur ranks. This is one of the saddest events in a sport I've loved since I was first exposed to it.
she nailed it. right here 4:30. PGA Tour is done… all that PGA Tour $$ Gone??? Sumthing sounds hella fishy. PGA was begging for no competition… but merging with the competition and then trying to punish/fine the ppl who left the PGA Tour for that competition?
“PGA Tour hemorrhaging cash..”. Where did you guys get this stupid woman ?. Clearly a biased LIV supporter and an anti-Saudi vice…what she doesn’t mention is how much PIF currently has invested in USA entities…Come on guys, get your act together