Anyone remotely interested in the game of golf has come across the rage-filled rivalry between the PGA Tour and the Saudi-backed LIV Golf during the course of the last year. However, in the past few months, shocking news of a possible merger being considered has come to light. As per sources, crucial LIV Golf officials, including Greg Norman, were made aware of this important information minutes before it became official.
As expected, questions have been raised regarding who was the mastermind behind this merger on LIV Golf’s end. Interestingly, LIV Golf is backed by the Saudi Arabia Public Investment Fund which is governed by Yasir Al-Rumayyan. He is, therefore, the chairman of LIV Golf. The official owner of PIF is the Saudi Crown Prince Mohammed bin Salman. However, it is controlled and managed by Yasir Al-Rumayyan. Therefore, he has played a major role in this upcoming merger.
The face behind the PGA Tour-LIV Golf merger
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A series of antitrust claims have been going on between PGA Tour and LIV Golf. The news of this surprising merger came as a band-aid to the problems faced by both ends. The finalization of this deal would lead to an end to all ongoing litigation between the two giants.
Two of the major names that played a major role in the decision for a merger between PGA Tour and LIV Golf are the PGA Tour Commissioner, Jay Monahan, and the LIV Golf Chairman, Yasir Al-Rumayyan. It was shocking news to know that the LIV Golf CEO, Greg Norman was made aware of this deal moments before it was signed.
Yasir Al-Rumayyan served as the mastermind behind the negotiations between the two giants on the end of LIV Golf, whereas Jimmy Dunne, the famous PGA Tour advisor was the one to initiate the talks directly with Rumayyan.
All in all, as the deal progresses forward, the hurdles in its way also seem to level up. Almost every day there comes a new challenge in the way of the highly awaited merger. As of now, a delay beyond the pre-set date of 31st December for finalizing the merger is expected. The details of the merger are still being talked about, all thanks to the exchange between Jimmy Dunne and Yasir Al-Rumayyan.
A new revelation serves as a hurdle in the way of the famous merger
The much-talked-about PGA Tour-LIV Golf merger has faced a fair share of hurdles in its way till now. As per sources, their struggle has not ended as of now. The latest news has come up regarding another possible delay in the way of this controversial deal.
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This is the famous issue of the future of the Sanderson Farms Championship. As LIV follows a team format, it seems unlikely that this Mississippi course will become a strong option for LIV Golf in the coming years.
Watch This Story | After a Successful LIV Golf Adelaide, $400M Worth CEO Greg Norman Set to Return to Australia With Another Big Announcement
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What are your thoughts about this merger? Let us know in the comments!