07-10-2023, 06:33 PM
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#1201
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Waxin’ Punks
Join Date: Jun 2006
Location: South Surrey
Posts: 7,333
Thanked 6,214 Times in 2,163 Posts
Failed 217 Times in 115 Posts
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PGA and LIV have merged.
https://www.sportsnet.ca/golf/pga-li...sports/sn-amp/
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On the eve of the Canadian tournament, the PGA and European Tours announced an agreement to unify with the year-old LIV circuit, which is backed by the Saudi Arabian Public Investment Fund (PIF). The deal effectively merges the three tours into a collective partnership, with the PGA Tour controlling the board that handles the actual golf, and the Fund bringing the capital as the sole investor in the new entity — a distinction that includes “first refusal on any capital that may be invested in the new entity.”
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PGA handles golf decisions, PIF has to agree to financial decisions. Sooo essentially, the latter is the boss.
__________________
If you drive like an asshole, you probably are one.
Quote:
Originally Posted by MG1
punkwax, I don't care what your friends say about you, you are gold!
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Quote:
Originally Posted by mikemhg
What do your farts sound like then?
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