Documents showed proposals for Rory McIlroy and Tiger Woods to play in at least 10 LIV events
After mutual litigation – which has now ended – and ferocious battling by existing tours to prevent players joining the rebel LIV circuit, the shock deal was announced on June 6th. “For two years, the most vehement opposition and criticism [of Saudi golf involvement] came from PGA Tour leaders themselves,” Blumenthal said of what came before.
Dunne revealed lawyers’ fees had already cost $100 million per year between the parties. He said LIV has “no economic constraint and no time constraint”, adding: “Their entire existence depends on taking more of our players. We are not complaining about that, it is just the way it is.” Woods and McIlroy, who have been staunch supporters of the PGA Tour, are believed to have been completely unaware of their names being touted in association with LIV. A presentation from April made by Amanda Staveley’s PCP Capital Partners to the PGA Tour was titled “The Best of Both Worlds”. Staveley, who helped Saudi Arabia’s sovereign wealth fund purchase Newcastle United, played a role in bringing the PIF and golf’s establishment together.
The future looks grim for Greg Norman, LIV’s polarising chief executive. After berating a generally “vacuous, unspecific agreement”, Blumenthal said: “We learned what is not in the agreement, which may be as important as what is explicitly there. Very little is explicit. There are potential side agreements and understandings.
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