PGA Tour and LIV Golf to merge with DP World Tour, in what Jay Monahan calls ‘historic’ moment for game
- Statement announces end to rift that had torn the sport apart
- ‘After two years of disruption and distraction, this is a historic day for the game we all know and love,’ PGA Tour Commissioner Jay Monahan says
After two years of insults, infighting and bad blood, the PGA Tour, DP World Tour and LIV Golf have agreed to merge in a landmark agreement.
In an announcement late on Tuesday, the three organisations issued a statement saying they were moving to “unify the game of golf, on a global basis”.
Jay Monahan, the PGA Tour commissioner, has been named CEO of the new unnamed organisation.
The deal, which saw the American and European tours agree to work with Saudi Arabia’s Public Investment Fund, will combine the commercial businesses and rights of all three into a new, collectively owned, for-profit entity.
According to the statement, this would “ensure that all stakeholders benefit from a model that delivers maximum excitement and competition among the game’s best players”.
There was no mention of how this might affect the Asian Tour, which has benefited from significant investment from LIV and whose players were given a pathway into the higher levels of the game.
