All articles tagged with #golf business
Rory McIlroy says LIV golfers returning to the PGA Tour would be good for golf’s business and competition, arguing that welcoming players back strengthens the tours; LIV’s future remains uncertain as players like Koepka and DeChambeau consider options, while the PGA/DP World Tour pursue a multi-partner investment model for stability.
The PGA Tour board met to discuss the proposed merger with Saudi-backed LIV Golf, but did not vote on the deal. The agreement, which aims to create a new company housing various golf businesses, is still being negotiated. The board expressed its commitment to safeguarding the PGA Tour's control over the potential new entity. The deal faces scrutiny from government officials, including the Justice Department's antitrust regulators, and a Senate subcommittee hearing is scheduled for next month. The board meeting also addressed technical matters of the sport, and the tour's commissioner was absent due to a medical situation.