Tour prepared to go it alone with new partners if deal cannot be done, PGA Tour commissioner says
The PGA Tour’s negotiations with Saudi Arabia’s Public Investment Fund are accelerating but it is prepared to go it alone with new partners Strategic Sports Group if a deal cannot be done, commissioner Jay Monahan said on Tuesday.
“As I’ve said on a number of occasions, you can’t negotiate a deal like this in public, so I will be brief.Shane Lowry returns to world’s top-50 after Bay Hill showing“I recently met with the governor of the PIF, Yasir Al-Rumayyan, and our negotiations are accelerating as we spend time together.There have been reports a deal could be finalised before the start of the season's first major, the Masters in April, but several key issues still need to be worked through.
There is also the tricky issue of players who signed on with LIV Golf for monster pay-days returning to the PGA Tour and how the team component LIV has pushed might work. “I think when you’re in a negotiation like this and you’re in a time like this, it requires open-mindedness, it requires flexibility, and it requires a long-term view and a long-term vision.While Monahan did not want to speculate on a deal, that has been nearly a year in the works, collapsing he said if it did the PGA Tour would push forward with the help of $3 billion investment from new partner SSG, a consortium of US sports team owners.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pádraig Harrington insists rivalry between PGA Tour and LIV can be healthyPádraig Harrington: 'I wouldn’t be averse to that being the future where there’s two [golf] tours'
Read more »
Major champion agrees with Rory McIlroy's dramatic PGA Tour shakeup planRory McIlroy had no concerns about sharing his 'unpopular' opinion on the future of the PGA Tour at this week's Arnold Palmer Invitational, and one major champion agrees
Read more »
Shane Lowry’s PGA Tour drought continues as Austin Eckroat wins Cognizant ClassicIrish golfer closes with a 71 after two visits to the water on the back nine prove very costly
Read more »
McIlroy would welcome PGA Tour becoming more 'cut-throat'The World number two has been one of the strongest advocates for the PGA and DP World Tours.
Read more »
Keith Duffy would 'love' to act alongside son Jay - and has a project in mindKeith has shared his hope to return to the stage sometime in the future as well as being open to more presenting, with him telling us it's great to have options alongside performing with Boyzlife
Read more »