World-renowned golfer Rory McIlroy has been taken aback by the recent developments involving the PGA Tour and LIV Golf’s Saudi backers. Despite McIlroy’s scepticism about the possibility of a deal, it appears that the two parties have finally reached an agreement.
The news comes shortly after Jimmy Dunne’s sudden departure from the PGA Tour’s policy board, following his alleged exclusion from important discussions. Given Dunne’s pivotal role in the initial agreement between the PGA Tour and Saudi Arabia’s Public Investment Fund, McIlroy expressed disappointment over his departure, describing it as a significant loss for the North American circuit.
According to a report by the New York Times, the latest exchange of terms between the PGA Tour and LIV Golf signifies a positive step forward in their negotiations. The proposed deal would provide PGA Tour Enterprises with substantial funding of $3 billion while allowing the PGA Tour to retain majority control. However, the deal may face scrutiny from the Justice Department due to its potential implications.
McIlroy’s reaction to the recent turn of events comes as no surprise, given his previous frustrations with the lack of progress in the negotiations. After resigning from the policy board several months ago, McIlroy’s readiness to return was reportedly hindered by the objections of fellow players, including Tiger Woods, Jordan Spieth, and Patrick Cantlay. Despite this setback, McIlroy joined a select group of active players tasked with directly engaging in negotiations with the Public Investment Fund.
The ongoing developments in the world of professional golf have sparked curiosity and intrigue amongst fans and players alike. As the negotiations between the PGA Tour and LIV Golf’s Saudi backers continue to unfold, the global golfing community remains eager to see how this collaboration will shape the future of the sport.