The former rivals have until 31 December to reach an agreementMonahan: ‘We operate in good faith and I see that on both sides’
Jay Monahan, the commissioner of the PGA Tour, remains adamant a deal will be completed between his organisation and Saudi Arabia’s Public Investment Fund despite a backdrop of scepticism. Monahan revealed an “intensity and urgency” to talks as the 31 December deadline to turn a framework agreement into binding contracts draws closer.
The June announcement that the PGA Tour, DP World Tour and PIF will align under a new commercial entity stunned golf. An important element of that move ended litigation between golf’s traditional tours and the Saudis, who have marched into the sport via LIV.
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