PGA Tour, DP World Tour and LIV Golf agree shock merger

• golf

A shocking piece of news has emerged today from the golf world: LIV Golf, the PGA Tour, and the DP World Tour have signed a partnership agreement that sees them work together as one entity. Even after almost two years of conflict and debate, many people are still unable to believe that the end of everything has finally come.

It is the news of such a change that will be welcomed by many fans, but there will also be many people who oppose such a change. Nevertheless, this could be quite interesting if it works out. "The PGA TOUR, DP World Tour and the Public Investment Fund (PIF) today announced a landmark agreement to unify the game of golf, on a global basis.

The parties have signed an agreement that combines PIF’s golf-related commercial businesses and rights (including LIV Golf) with the commercial businesses and rights of the PGA TOUR and DP World Tour into a new, collectively owned, for-profit entity to ensure that all stakeholders benefit from a model that delivers maximum excitement and competition among the game’s best players."- PGA Tour wrote on the website.

Jay Monahan is delighted

Jay Monahan, the Commissioner of the PGA TOUR, has denied the possibility of a deal coming to fruition many times before now. As a matter of fact, he was aware that things were getting a little more difficult, and that this was the only real solution he could think of.

There was a lot of joy expressed by Monahan regarding all the arrangements and he looks forward to the future and this kind of partnership in the future. "After two years of disruption and distraction, this is a historic day for the game we all know and love.

This transformational partnership recognises the immeasurable strength of the PGA Tour's history, legacy and pro-competitive model and combines with it the DP World Tour and LIV - including the team golf concept - to create an organisation that will benefit golf's players, commercial and charitable partners and fans."- Monahan said.