How LIV Golf players can return to PGA Tour and DP World Tour part of agreement signed with Saudi Arabia’s PIF
- Framework agreement signed in shock move made public after being requested for senate hearing in Washington
- Deal outlines how sides will work together, but deadline of December 31 for partnership to be agreed
The PGA Tour and DP World Tour have agreed to work with Saudi Arabia’s Public Investment Fund to decide how LIV Golf players can return to the other circuits should they choose to do so.
A framework agreement released to multiple media outlets in the US, also said the for-profit company to be formed by the PGA Tour and the Saudis would be the “entity for professional golf” and the tours would coexist with LIV Golf.
Signed on May 30, the agreement was among documents requested by Senator Richard Blumenthal for a July 11 hearing in Washington. Blumenthal chairs the Senate Permanent Subcommittee on Investigations.
“Our goal is to uncover the facts about what went into the PGA Tour’s deal with the Saudi Public Investment Fund and what the Saudi takeover means for the future of this cherished American institution and our national interest,” Blumenthal said last week.
The PGA Tour has said it would take part, though it was not clear if Commissioner Jay Monahan would attend. He has not been seen in public since June 13, one week after the stunning deal was announced, because of a “medical situation”.
LIV Golf returns this week in Spain, before heading to London for its next event, and hours before the agreement was released sent out information regarding its team championship, and its promotion and relegation format for individual players at the end of the season.
