LIV Golf and the PGA Tour are still in the process of exploring a potential alliance under Saudi Arabia’s Public Investment Fund, which is LIV’s primary funder. And this week, that included a pretty important meeting.
According to ESPN, PGA Tour commissioner Jay Monahan and player directors from the tour’s policy board met with Public Investment Fund governor Yasir Al-Rumayyan to discuss a potential investment from the PIF that could take a big step toward unifying professional golf once again.
Monahan confirmed the meeting, but he did not offer many details.
“The conversation throughout was constructive and represents an important part of our due diligence process in selecting potential investors for PGA Tour Enterprises,” Monahan wrote in a letter regarding the meeting. “This mirrors the approach we employed earlier this year as we evaluated an investment offer from the Strategic Sports Group. During the session, Yasir had a chance to introduce himself to our player directors and talk through his vision, priorities and motivations for investing in professional golf.
“As we continue these discussions with the PIF, we will keep you updated as much as possible, but please understand that we need to maintain our position of not conducting negotiations in public. To that end, we will provide no further comments to the media at this time.”
We’ll have to see if an alliance can be reached.
[ESPN]
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