PGA Tour unveils $3bn partnership deal to reward players who resist LIV
by Ewan Murray from US news | The Guardian on (#6J9D5)
- Funding comes via consortium led by Liverpool FC owners
- Rory McIlroy, Tiger Woods and marquee names set to benefit
The PGA Tour has unveiled a $3bn (2.35bn) deal with a consortium led by the owners of Liverpool FC that will handsomely reward players such as Rory McIlroy and Tiger Woods who resisted the overtures of LIV Golf.
The agreement leaves Saudi Arabia having to wait for a seat at golf's top table. Further investment from the Public Investment Fund, which has funded the rebel LIV tour, is dependent on regulatory approval as the United States' Department of Justice maintains a close watch on golf's power struggle.
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