With the arrival of LIV Golf, a lot has changed on the golf scene. The PGA Tour, which had dominated until then, was in huge trouble. The money that the Saudis invested and attracted famous golfers caused fear and panic among PGA officials, who knew they had to pull back some of the moves. However, when it was confirmed two years ago that a framework agreement had been reached between the PIF and the PGA regarding the merger, real chaos arose.
Two years later, many believe that this could be the best option, given that it is the only way for golf to get back on its feet.
The latest news doesn't awake optimism: The well-known journalist, Ewan Murray, confirmed that the PGA rejected an investment offer in the amount of 1.5 billion dollars from the PIF side.
This would make Yasir al-Rumayyan co-chairman of PGA Tour Enterprises. However, the leaders of the PGA have labeled such a request as unrealistic.
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"The PGA Tour replied to the PIF's demands on Monday, with neither deemed acceptable," Murray wrote. "Those with detailed knowledge of the situation stress reunification of golf is the PGA Tour's core aim, a matter that is hardly assisted by LIV continuing in its present form. There would also be understandable unease within the PGA Tour should Rumayyan, whose organization has bankrolled LIV, be afforded such a prominent position as the breakaway tour continues on its own path."
What will happen?
Although leaders from both sides are sending optimistic messages, saying that the final agreement will be reached, reports like this only say that things are still far from the final goal. It seems as if LIV Golf wants to have supremacy over golf scene, and the means to achieve their goal is money.
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PGA officials do not want to give up the leadership position so easily.
