Mel Smooth
Hacker
Phil watch this, tell me what the guy with the chequbook says - and tell me specifically what he says about LIV
LIV Golf
- Thread starter MarkT
- Start date
Pin-seeker
Well-known member
And so it continues 
chrisd
Major Champion
Not sure about that. I haven't posted on this subject hardly at all but it seems to me that the Saudi side have jacked it in
Mel Smooth
Hacker
Yeah I agree, just hadn't had chance to reply. I've stated all along that players should be able to move between LIV - PGAT - and DPWT, and I'd be amazed if that isn't what we are about to see..
BubbaP
Occasional Player of Golf
Seems the scramble for all 'sides' to claim victory is well underway -including on here!
There's maybe a danger whatever they come up with pleases no-one, so will be interesting to see.
Can't recall that business term, something like 'no such thing as a merger, is just a PR phrase for an acquisition '
There's maybe a danger whatever they come up with pleases no-one, so will be interesting to see.
Can't recall that business term, something like 'no such thing as a merger, is just a PR phrase for an acquisition '
Voyager EMH
Slipper Wearing Plucker of Pheasants
I'll ask him and the rest of the group whether we should invite you.
D
Deleted member 15344
Guest
Seems the scramble for all 'sides' to claim victory is well underway -including on here!
There's maybe a danger whatever they come up with pleases no-one, so will be interesting to see.
Can't recall that business term, something like 'no such thing as a merger, is just a PR phrase for an acquisition '
Pretty much - It’s Monahan there and not Greg Norman with him , it’s all about the PGAT and PIF and the investment from PIF into the PGAT and creating prob richer events. And whilst it’s a minority investment from PIF at the moment it won’t be long before that increases - the one dynamic that will become stretched imo is the ET because that’s financed by another Middle East entity so what happens there
When it comes to winning - I think the main winners will be as always the people who are getting richer from it - whether the game of golf wins , guess thats what we will find out.
Thankfully the majors will always stand above
Crow
Crow Person
What a great big pile of
I've thought for a long time that modern golf is a warped shadow of its glory days, this proves it beyond all doubt.
I've thought for a long time that modern golf is a warped shadow of its glory days, this proves it beyond all doubt.
Springveldt
Well-known member
Reading between the lines for me the Saudi’s have just bought the PGA Tour. The new, not yet named entity with the Saudi dude running it basically owns the PGAT and the DPWT.
I can see them continuing the LIV series as the team events and players can play on both tours if they chose to.
Should be interesting going forward.
I can see them continuing the LIV series as the team events and players can play on both tours if they chose to.
Should be interesting going forward.
Canary_Yellow
Journeyman Pro
Is there pif investment in the pga tour?
This is an entirely new entity isn’t it?
Springveldt
Well-known member
Yes, there is a new unnamed entity. It’s basically an acquisition dressed up as a merger.
Canary_Yellow
Journeyman Pro
The entity is just the new entity that will run LIV. Funded by PIF, part owned by PIF, pga tour and dp world tour.
What am I missing?
BubbaP
Occasional Player of Golf
Am looking forwards to Pepperell's often unique take on things. Some already commenting captured here...
golf.com
Probably the trivial thing to wonder is did someone in the PIF gang say, why are we giving all these $ to players - just give it to the administrators instead
'The hell is going on?' Players, fans and others react to PGA Tour-LIV Golf merger
The news of the PGA Tour's merger with LIV Golf sent shockwaves through golf Twitter as players and fans alike were blindsided.
golf.com
Probably the trivial thing to wonder is did someone in the PIF gang say, why are we giving all these $ to players - just give it to the administrators instead
Crow
Crow Person
I don't know why people are so convinced that the majors are secure.
The FA Cup used to be one of football's yearly highlights, but since the Premier League raised its ugly, money-laden head it's faded into near obscurity.
The same could easily happen to the majors unless they get pumped with gazillions of pounds/dollars.
The FA Cup used to be one of football's yearly highlights, but since the Premier League raised its ugly, money-laden head it's faded into near obscurity.
The same could easily happen to the majors unless they get pumped with gazillions of pounds/dollars.
Springveldt
Well-known member
The commercial interests of all 3 tours are to be merged into the new entity. The new entity is run by the Saudi dude.
It’s an acquisition.
Mel Smooth
Hacker
2 billion for the PGAT lock, stock looks a bargain given the Saudis we’re prepared to shell out 1 bill on Tigger alone.
rksquire
Head Pro
Best I've seen yet (as a fan of the US Office): https://brobible.com/sports/article/liv-golf-office-memes/
LIV Golf Really Pulled Off The ‘Michael Scott Paper Co.’ Business Model In Real Life
Canary_Yellow
Journeyman Pro
My reading is that the pga tour and dp world tour is granting access (or licensing) their brand rather than transferring ownership
rksquire
Head Pro
This
is interesting as it's representative of player sentiment..... Brooks, PM, even GMac partaking in banter and pretty happy with the news; Homa seems fairly relaxed but general feeling all PGAT players caught of guard and very angry (confirmed by Smylie Kauffman). Questions being asked by players about Monahan (6 months?), Pelley answered no questions with any degree of clarity except to say he remains consistent (what? I assume he means consistently useless!!!), Players persuaded to reject LIVs payday now wondering about compensation, PGAT supposedly concerned about discovery within the anti-trust case and - as yet totally unconfirmed - McIlroy seriously considering his position for the remainder of the year.It's actually a great week if you're hosting the Canadian Open.....
BridgfordBlue
Active member
It’s all transferring to the new entity. Essentially the Saudis have gone from owning LIV to owning the entire of men’s professional golf…
