NEW YORK; RIYADH; PONTE VEDRA BEACH, Fla. In a surprise move that follows months of bitter litigation between Saudi-backed LIV Golf and the PGA, the PGA Tour, DP World Tour and the Public Investment Fund (PIF) have announced a landmark agreement to merge PIF's golf-related commercial businesses and rights (including LIV Golf) with the commercial businesses and rights of the PGA TOUR and DP World Tour.
PGA Tour Merges with LIV Golf
07/06/2023
NEW YORK; RIYADH; PONTE VEDRA BEACH, Fla. In a surprise move that follows months of bitter litigation between Saudi-backed LIV Golf and the PGA, the PGA Tour, DP World Tour and the Public Investment Fund (PIF) have announced a landmark agreement to merge PIF's golf-related commercial businesses and rights (including LIV Golf) with the commercial businesses and rights of the PGA TOUR and DP World Tour.
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