Barking_Mad
Well-known member
Clearly not a leader of a TEAM though.Thats why you become a multiple Major Champion.
You have to have a certain mindset, it's not always one people agree with....
Clearly not a leader of a TEAM though.Thats why you become a multiple Major Champion.
You have to have a certain mindset, it's not always one people agree with....
Did they not take any photos with any crowds?
Did they not take any photos with any crowds?
Or does that not fit the agenda?
What a cracking Sunday of golf.
Even if you're not a fan of the product, the golf on show was superb.
Cam Smith is going to be hard to beat at the Open if he plays like he has this week.
This is the first time I've really got the Team element of the competition, it was so close finally going down to 1 putt.
The coverage was excellent as well.
For me personally, I'd rather on the last day they all started from the 1st and finished on the 18th, no issues with the Shotgun start the first 2 rounds.
A family member was there yesterday and said he had a brilliant day as well.
All in all, I'd say it's a successful tournament in the UK this week.
CEO of AT&T resigns from the PGAT policy board.
Quote
"I hope, as this board moves forward, it will comprehensively rethink its governance model and keep its options open to evaluate alternative sources of capital beyond the current framework agreement."
Obviously not happy with Jay and Jimmy Dunne blindsiding them into the PIF.
Can Jay and Dunne get an agreement that will get passed by the PGAT members/players and policy board ??
Im getting the sinking feeling this merger is doomed.
I've no issue if it is!
I like LIV how it is to be honest - would just benefit from a few more big names/ young talented prospects
If the merger doesn’t go through then how long will LIV stay around anyway with the rate it’s losing money
Whether people enjoy the LIv events or PGAT events or ET events doesn’t really matter in the grand scheme because as people say - money talks
Right not the other tours are sustainable with the income it brings in to pay the prize funds etc
LIV to stand up needs that money from PIF
To get those players playing it’s costing them £800mil a year in losses
Whilst Saudi have a lot of money that can’t happen every year and there doesn’t appear to be any further movement on major Telly deals or sponsorship to offset that big money given to the players.
Imagine what would happen if the players stopped being paid just play and were only given prize money and reduced to offset costs.
I think it will start to generate more money though, obviously just my opinion but it seems that people are now interested in their events way more than pre-merger. That wont now just disappear.
They have already said they're done giving people big contracts to move over and what's paid out already will just be associated with set up costs. Where are you finding 800m a year in losses? $25m per event in prize money x 14 events is $350m. What is $450m going on in your mind??
The PGAT clearly isn't sustainable in its current model trying to keep up with the LIV money. That's one of the reasons why the merger came about.
I know LIV needs to generate its own income but I strongly believe its in good shape to start to do that after this season - way stronger position than 12 months ago.
Your opinion is one, mine is the other, neither are based on facts at this stage.
Do you think LIV is weaker now than it was 12 months ago?
Hmmm. Every half-way objective view of the situation that I've read or listened to suggests that it's the PGA tour that's toast if it doesn't go through. Now that it's become acceptable to deal with the PIF, every single player will go over to chase the cash.If the merger doesn’t go through then how long will LIV stay around anyway with the rate it’s losing money
If anything, it's the European Tour that's unsustainable sadly when you look at how weak their fields are now.Sorry it was $800mil it lost in its first year
Don’t forget onto of the prize fund there are players getting paid a lot of money as well
The prize money I believe went up and there has been some small revenue streams coming in but it’s still going to make significant losses
At the moment the other tours can cover the funds with their commercial deals but it can’t do it long term hence looking to go to PIF
It’s what make the whole thing really poor for a lot of people - Saudi want into golf as they do with all other sports , they couldn’t get in through normal channels so use LIV to financially bully the other tours - it will rewards a few golfers with a lot of money in their back pockets but ultimately they will run golf at the end of the day. Whether that ends up being a good thing or not we will have to see
I’m just hoping the majors continue to stay neutral and away from it all
Hmmm. Every half-way objective view of the situation that I've read or listened to suggests that it's the PGA tour that's toast if it doesn't go through. Now that it's become acceptable to deal with the PIF, every single player will go over to chase the cash.
Obviously, the players could have decided not to take the Saudi money, but someone decided on their behalf that they should.
By all accounts, the enhanced purses on the pga T are not sustainable.
Obviously, this is just a collection of guesses (including my own) but it makes the most sense until the next unforeseen event strikes.
I agree that the majors at least seem just above the murkiness. But then they've increasingly provided the best test and entertainment anyway over the years, so not much change there.
This article summarises the position :The details of it all I suspect most of us are guessing but I believe that the PGA has made a profit each year and generates around over £1.6 bn revenue - I think that what Mickleson was alluding to when - they are hoarding money instead if giving it to the players
How long that can go on for with the increased funds I guess will be determined by the level of sponsers coming in
This article summarises the position :
A combination of CNN and WSJ reporting, so reasonably reliable.
As a TLR, one of the quotes is "Monahan during a meeting at PGA Tour headquarters in Ponte Vedra Beach, Florida told employees that the Tour’s financial model was “unsustainable”".
Whether we like it or not, money wins every time. That's why the PGAtour has killed the European tour, and it's why the Saudis will get whatever they want with the PGAtour.