Tiger Woods and PGA Tour Board Address LIV Rumours in Late-Night Memo

Follow Bollyinside on Google News

Must Read

― Advertisement ―

Tiger Woods, PGA Tour board issue memo amid LIV rumors

  • Player directors distribute memo addressing “speculation in our game” and providing updates on talks with Saudi Arabia’s Public Investment Fund
  • Adam Scott signs off on the letter and is set to replace Charley Hoffman at the beginning of 2024
  • PGA Tour working to ensure the organization is best positioned for the 2024 season and beyond
  • Saudi Arabia’s PIF is expected to complete an investment agreement with the PGA Tour by the end of 2023
  • Tiger Woods, PGA Tour board issue memo amid LIV rumors

    Following the second round of the Hero World Challenge in Albany, Bahamas, Tiger Woods, Jordan Spieth, Charley Hoffman, Patrick Cantlay, Webb Simpson, and Peter Malnati – the board’s player directors – distributed a memo addressing “speculation in our game” and providing updates on talks with Saudi Arabia’s Public Investment Fund. The memo, signed off by Adam Scott, also discussed the progress made by the PGA Tour and the upcoming 2024 season. The memo also outlined the ongoing talks with Saudi Arabia’s PIF and the potential impact on the PGA Tour.

    Updates on Talks with Saudi Arabia’s Public Investment Fund

    As outlined in a framework agreement, Saudi Arabia’s PIF is supposed to complete an investment agreement with the PGA Tour by the end of 2023. The Saudi PIF finances LIV Golf, which has signed stars including Dustin Johnson, Brooks Koepka, and Phil Mickelson from the PGA Tour. Jon Rahm is rumored to be poised to also defect.

    Source Credit

    Read More

    Latest Today