An investigation reveals LIV Golf’s plans with Tiger Woods and McIlroy

The LIV Golfwithin negotiations with the PGA Tour, suggested that Tiger Woods and Rory McIlroy have their own teams on their controversial toura striking idea as these are two of the golfers who have shown the biggest rejection on the Saudi circuit.

The proposal to Woods and McIlroy appeared Tuesday in the investigations of the US Senate Investigations subcommittee, which is examining the merger of the PGA Tour and LIV Golf and, in particular, the participation of the Government of Saudi Arabia in that circuit.

“In 2021 the PGA Tour has net assets of approximately $1.25 billion. The estimated value of Saudi Arabia’s Public Investment Fund (PIF) is between $600 billion and $700 billion, which is 500 times greater than the PGA Tour,” said Senator Ron Johnson in his opening remarks.

This subcommittee’s investigation revealed some of the ideas – many of which were discarded– proposed by LIV Golf and the PGA Tour in their negotiations toward a merger where they have an agreement in principle but still have a lot to close.

For example, those responsible for the Saudi tour They suggested that Woods and McIlroy have their own LIV Golf team and that they participate in at least 10 tournaments of that circuit.

For its part, the PGA Tour asked the legendary Greg Normanthe protector and most visible face of LIV Golf, is removed if the two circuits are combined.

Neither of these two ideas seems to have progressed in the negotiations.

On June 6, a surprising principle of the agreement was announced to unite the PGA Tour, the DP World Tour and LIV Golf.

The resignation of top-level players from the PGA Tour to a LIV Golf with more juicy economic prizes It opened a huge crack in the golf world that now seems to be slowly closing.

In addition to the Senate investigations, the US Department of Justice’s Antitrust Division is also investigating possible monopolistic practices in the world of golf.