PGA Tour agrees to MERGE with Saudi-backed rival LIV Golf in shock move after massive legal battle – as Donald Trump hails ‘glamorous deal’ for the sport
- The PGA Tour is reportedly merging with its Saudi-backed rival, LIV Golf
- Both tours previously sued their respective rivals, but this deal ends that feud
- DailyMail.com provides all the latest international sports news
The PGA Tour is merging with its Saudi-backed rival, LIV Golf.
In a shocking move, the two separate tours have signed an agreement that would combine their commercial business in a new, yet-to-be-named company. Most importantly, the merger ends the ongoing litigation between the two once-bitter rivals.
LIV Golf is backed by the Saudi Arabia Public Investment Fund, which has been a source of controversy. While the circuit has already bought several of the world’s top players, such as Brooks Koepka, Dustin Johnson and Phil Mickelson, it has also drawn criticism for its ties to Saudi Arabia.
Donald Trump, whose golf courses have hosted several LIV events, trumpeted the news on his social media network.
‘GREAT NEWS FROM LIV GOLF,’ he wrote. ‘A BIG BEAUTIFUL , AND GLAMOROUS DEAL FOR THE WONDERFUL WORLD OF GOLF. GONGRATS TO ALL!!!’
LIV Golf CEO Greg Norman, a former PGA Tour star, has been fighting for his tour’s survival
Donald Trump, whose golf courses have hosted several LIV events, trumpeted the news
The PGA Tour will maintain its tax-exempt status,
Post source: Daily mail