‘Real progress’: PGA chief breaks six-month silence over LIV talks as merger stays alive
PGA Tour Commissioner Jay Monahan expressed confidence in leading the PGA Tour forward during a news conference at The Players Championship. While negotiations with LIV Golf’s Saudi backers are ongoing, Monahan remained optimistic about reaching a successful outcome. Monahan highlighted a shared vision to unlock golf’s global potential and hinted at progress with the Public…
PGA Tour Commissioner Jay Monahan expressed confidence in leading the PGA Tour forward during a news conference at The Players Championship. While negotiations with LIV Golf’s Saudi backers are ongoing, Monahan remained optimistic about reaching a successful outcome.
Monahan highlighted a shared vision to unlock golf’s global potential and hinted at progress with the Public Investment Fund of Saudi Arabia. The initial agreement involved Strategic Sports Group (SSG) investing up to $3 billion, including a player-equity program.
SSG accompanied Monahan on a trip to Saudi Arabia to meet with PIF leader Yasir Al-Rumayyan, emphasizing the importance of negotiating a mutually beneficial deal.
However, challenges remain, including integrating players who defected to LIV Golf and reconciling differences between the tours. Monahan acknowledged the complexity but aimed for the best outcome for both the PGA Tour and the game of golf.
The future also raises questions about integrating team golf promoted by LIV with the PGA Tour, as outlined in the original agreement with the Saudis.
Despite uncertainties, Monahan stressed the importance of unity for the sport’s growth and development. He addressed concerns about regaining players’ trust after a surprise announcement last June and reiterated the board’s unity.
With Monahan now having a vote on the board and leading PGA Tour Enterprises, the organization has expanded opportunities for investment and growth. Tiger Woods was appointed vice chairman, and discussions with PIF continue, although Monahan refrained from speculating on the outcomes.
Regardless of the outcome, Monahan remains focused on advancing the tour and maximizing opportunities for growth and success.