The PGA series, the DP World Tour, and LIV Golf, the fledgling breakaway series backed by Saudi Arabia’s Public Investment Fund, have decided to unite, in a surprising turn of events in the saga that has dominated golf for the past year.
This is a momentous day for the game we all know and love, according to PGA Tour Commissioner Jay Monahan, after two years of disturbance and diversion. “This transformational partnership recognizes the immeasurable strength of the PGA Tour history, legacy, and pro-competitive model and combines it with the DP World Tour and LIV — including the team golf concept — to create an organization that will benefit golf’s players, commercial, charitable partners, and fans.”
The settlement ends the legal dispute between the PGA Tour and LIV. In addition, after the 2023 season, the organizations will cooperate to create a process for LIV players to reapply for PGA Tour membership or to request reinstatement.
A Board of Directors will be in charge of the new, as of yet unidentified organization’s “golf-related commercial operations, businesses, and investments.”
The PGA Tour will, however, hold a majority voting stake and choose the majority of the Board of Directors for the new business, according to a statement from the Tour.
Suggested Read: Chelsea’s N’Golo Kante set for transfer meeting with Saudi representatives as potential €100m Cristiano Ronaldo link-up emerges
