Mel Smooth
Hacker
There no longer needs to be.
The PGAT will never embrace global dynamic expansion, plenty of room for LIV to operate in that area.
Can men's pro golf reconcile & what might it look like?
- Thread starter BubbaP
- Start date
There no longer needs to be.
The PGAT will never embrace global dynamic expansion, plenty of room for LIV to operate in that area.
BubbaP
Occasional Player of Golf
No fan of him, but rare for him to be criticising in that direction (perhaps his contract expired 
).
Could well be an opportunity for DPWT over next couple of years if they navigate well
).
Brandel Chamblee Calls Out PGA Tour’s Shift Toward LIV Golf Model Following Strict Policy Changes
Newer things are in store for the PGA Tour. But are they headed in the right direction? Brandel Chamblee doesn't think so.
www.essentiallysports.com
Could well be an opportunity for DPWT over next couple of years if they navigate well
BubbaP
Occasional Player of Golf
Two leagues, five majors, 41 events: Gary McCord's vision for pro golf
More than 40 years after spearheading what became the all-exempt tour, Gary McCord has brainstormed a new business model
golfweek-eu.usatoday.com
Arthur Wedge
Well-known member
Sounds horrific and again based in the us
Two leagues, five majors, 41 events: Gary McCord's vision for pro golf
More than 40 years after spearheading what became the all-exempt tour, Gary McCord has brainstormed a new business model
Mel Smooth
Hacker
Some very useful information here for those that are interested from the JCA Golf Report X account.
They looked at the recently submitted accounts of the PGA Tour, and assess them using Chat GPT.
If you don't want to read it all, and there is quite a lot, it calculates that the PGAT is essentially getting about a 3% return on their investment at the moment, which is obviously not a lot, and probably not enough to sustain continued investment.
There are multiple scenarios in which this ROI can be increased, some of which include aligning with the PIF and taking some investment from them, or trying to remove LIV from the golfing landscape. I've got a feeling that at the moment, the latter is their favoured choice - so if you were already tired of the golf world being fractured, buckle up.
Just keep a mindful eye on how the media paint this ever evolving story out for you.....
"In summary, all the financial moves that the PGA Tour has done in its fight with LIV Golf have put them highly dependent on any of the following four things: getting rid of LIV Golf, a need for increased TV rights, a PIF investment which makes both sides happy (difficult to achieve), or any other PE investment. The easier and less risky thing would have been to reach an agreement with PIF and merge with LIV Golf, which would have likely re-rate the combined business to a $15–20B valuation at the time and given them a huge future upside. But egos and thirst for controlling power in pro golf have so far prevailed."
They looked at the recently submitted accounts of the PGA Tour, and assess them using Chat GPT.
If you don't want to read it all, and there is quite a lot, it calculates that the PGAT is essentially getting about a 3% return on their investment at the moment, which is obviously not a lot, and probably not enough to sustain continued investment.
There are multiple scenarios in which this ROI can be increased, some of which include aligning with the PIF and taking some investment from them, or trying to remove LIV from the golfing landscape. I've got a feeling that at the moment, the latter is their favoured choice - so if you were already tired of the golf world being fractured, buckle up.
Just keep a mindful eye on how the media paint this ever evolving story out for you.....
"In summary, all the financial moves that the PGA Tour has done in its fight with LIV Golf have put them highly dependent on any of the following four things: getting rid of LIV Golf, a need for increased TV rights, a PIF investment which makes both sides happy (difficult to achieve), or any other PE investment. The easier and less risky thing would have been to reach an agreement with PIF and merge with LIV Golf, which would have likely re-rate the combined business to a $15–20B valuation at the time and given them a huge future upside. But egos and thirst for controlling power in pro golf have so far prevailed."
The Squirrel
Well-known member
Not really a comment on the golf world or conclusions; more on garbage journalism.
ChatGPT doesn't have even the slightest bit of value in seriously assessing any financial structure more complicated than a sole trader.
Good way for a "journalist" to quickly generate an article on something they don't understand or can't be bothered to work on; but the actual content will be pure trash.
If you don't believe me, ask ChatGPT some mildly complex analysis questions in whatever area you yourself have expert knowledge in. Its answers will be in beautifully scripted English, read convincingly to the untrained, but...
