Earlier this year, the PGA Tour and commissioner Jay Monahan made a pretty shocking move by deciding to form a sort of alliance with the Saudi Arabia Public Investment Fund, which financially backs the rival LIV Golf league. And it sounds like Monahan hopes that the deal between the PGA Tour and the PIF happens in the coming weeks.
During a recent speaking appearance at The New York Times’ DealBook Summit in New York City, Monahan gave an update on the negotiations with Saudi Arabia’s PIF regarding the potential alliance, revealing that he has a meeting with PIF governor Yasir Al-Rumayyan scheduled next week and that the deadline of securing a deal before the end of the year is “a firm target.”
“We’re having conversations with multiple parties,” Monahan said according to ESPN. “The deadline for our conversations with PIF, as you know, is a firm target. I’ll be with Yasir next week, and we continue to advance our conversations. And I think it’s pretty well known that there’s a large number of other interested parties that we’re also pushing to think about.”
Obviously, this is a big update on the potential alliance between LIV Golf and the PGA Tour, and it led to a lot of reactions on social media.
You can bet PGA Tour players will be watching carefully.
— Chuck Flint (@ChuckAFlint) November 30, 2023
Playing golf is great, but watching this whole thing play out has been disgusting. It’s just all unlikable people involved.
— sinister100000 (@sinister107) November 30, 2023
PGA commish: Saudi deal deadline 'firm target': PGA Tour commissioner Jay Monahan hopes to reach a potential alliance with Saudi Arabia's Public Investment Fund and a deal with at least one other investor before the end of the year. https://t.co/gueReujV9P pic.twitter.com/xfucEttQsO
— JPDAILYSPORTS (@JCPGATA) November 30, 2023
While Phil Mickelson may want the rumors to be true about Jay Monahan losing his job as PGA Tour commissioner when the Tour’s merger with the Saudi PIF is finalized, jumping on the rumors and calling for his job is a bad look for lefty.
READ: https://t.co/xjIfgj5hc7 pic.twitter.com/2TAmYeH0lf
— OutKick (@Outkick) November 30, 2023
There is no way this deal gets done.
— Mark Gardner (@Mark___Gardner) November 30, 2023
If you actually follow the situation it’s not a bad look at all. Jay Monahan has lost the confidence of everyone in professional golf
— MaxB 🇺🇸 (@MaxyHoops) November 30, 2023
Monahan seems confident that they will work out a deal in the coming weeks. We’ll have to see if it happens.
[ESPN]
