Yasir-Al Rumayyan goes all hands on golf! The governor of the Public Investment Fund has many a time dominated the headlines owing to his businessman persona amidst the whole PGA Tour-LIV Golf merger. However, it appears he is all set to embrace his golfing side as well, as reports indicate him taking part in the upcoming PGA TOUR Champions Pro-Am in Morocco.
A tweet was shared by NUCLR GOLF on X (previously known as Twitter) mentioned how the LIV Chairman is playing in the Pro-Am at the Hassan II Golf Trophy to be held at Royal Golf Dar Es Salam. With a 12-handicap, he will reportedly be teeing it up alongside Arjun Atwal. Interestingly, his participation comes at a time when the merger is in a limbo of sorts.
🚨👀⛳️ JUST IN: PIF Governor and LIV Chairman Yasir Al-Rumayyan, a 12 handicap, is playing in the PGA TOUR Champions Pro-Am alongside Arjun Atwal in Morocco. (First reported: @BrentleyGC) pic.twitter.com/72IzPHgRd5
— NUCLR GOLF (@NUCLRGOLF) February 21, 2024
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Meanwhile, on the business side of things, the Jay Monahan-led circuit took to partner with Strategic Sports Group in a move worth $3 billion. Such a deal has undoubtedly put the whole negotiations involving PIF and the PGA Tour through somewhat of a hurdle of sorts as the circuit has managed to receive many benefits, including $900 million in equity shares for 180 of their players.
The deal with LIV Golf, thus, may now take some more time to materialize as the Monahan-led league has managed to take care of their immediate money problem via the Fenway-led consortium. Even Jordan Spieth was of a similar opinion ahead of the AT&T Pebble Beach Pro-Am.
“I think the short answer is we don’t have to,” he stated during the signature event. Adding on, Spieth said, “and the long answer is, the positive there is unification … but I’m not sure if or how or when it would get done,” while alluding to the framework agreement between the Saudi-backed league and the circuit. However, despite such developments, Al-Rumayyan was of a different opinion.
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Yasir Al-Rumayyan exudes hope for golf’s future
The Saudi Mogul, during LIV Golf’s first event at Mayakoba, reportedly told the players how the circuit’s deal with SSG for the new company called the PGA TOUR Enterprises is “consistent with PIF’s longstanding passion to grow the game.” He also mentioned how the fund would continue to “discuss and evaluate the possibility of investment that benefits the greater game of golf.”
ALSO READ – Tiger Woods Bluntly States PGA Tour Doesn’t ‘Financially’ Need PIF’s Big Bucks- LIV Merger Still In Cards
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In the meantime, the chairman of the Saudi-backed league was confident in LIV Golf and its ability to “maintain incredible momentum” throughout the same. It seems regardless of the bleak picture that the recent agreement that Monahan made with SSG paints, Al-Rumayyan has managed to share his partner Greg Norman’s enthusiasm when it came to the same. What would it entail for LIV Golf? That’s a question set aside for the future.
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