The Merger Of The PGA And LIV Golf: Details
By Amit Chowdhry ● Jun 7, 2023
The PGA TOUR, DP World Tour, and the Public Investment Fund (PIF) recently announced a landmark agreement to unify the game of golf, on a global basis. These 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 and 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.