#yahoofinance #pga #livgolftour
The PGA Tour announced its new deal with LIV Golf in a press release stating it would “merge commercial operations under common ownership.” After making global headlines, the PGA Tour is saying its deal with LIV Golf and the DP World Tour is not a “merger.” Yahoo Finance Live unpacks the state of play.
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
It’s all about money in the end
Blood money
@you get a spear oh well, it will make it more entertaining
Elon Musk bought Twitter with Saudi’s back (don’t know exactly how much).
Saudi also owns other major entities in USA such as Uber.
I hope American people can prevent Saudi’s invasion before it’s too late.
Brad smith always give good insight
Yeah its not a merger…liv bought the tour
Of course it is not a merger, it is a sellout!
The liv tour, was a Trogan horse, that got the Saudis, to the pga table. Then just bought a weaken business. Now a Saudi royal family, owns world golf. Why.
Its a merger but maybe not calling it one is to try to avoid having to have the FTC approve, or deny it.
Now any golfers who speak poorly about LIV will be taken to the nearest Saudi embassy, and taken out in trash bags.
Only the media calls this a merger. A merger it is not!!
My take on the just announced Golf PGA/LIV/ Europe Tour
Relationship
***Jack Nicklaus, Rory McElroy and Tiger Woods. ***
Those three above were mentioned in a Fox News post as wanting Greg Norman out of LIV Golf and LIV golf itself done away with. These three, in my opinion, have no stroke in this matter whatsoever and have not done their due diligence before speaking out.
The Saudi, Yasir Al-Rumayyan, in charge of this new PGA entity is the individual along with a partnership with Greg Norman that created LIV Golf. It is my understanding that he was an integral part of the design of the LIV golf model.
There was no merger of PGA Golf and LIV Golf. That was all media hype and “Fake” news. LIV Golf remains as a separate entity or golf tour under the direction of the CEO, Greg Norman who will not report to the new entity under Monahan. He will instead report to Yasir Al-Rumayyan as he does now.
I would venture to say that within 3 to 6 months (Beginning June 1 2023) Monahan will no longer be the head of this new PGA entity and Rory McElroy will no longer be on the board. Why? Because they both spoke so badly about the Saudi’s and now Monahan himself rolled over not because he was a believer but because of the money.
Greg Norman will continue to be the CEO of LIV (Separate from this new entity) and a new person, as yet unnamed, will take over this new “PGA” entity. I would suggest it to be:
Aamir Malik.
No, it’s a complete national embarrassment. That’s what it is
The media wants the players who jump ship for the money to be punished so bad if they comeback to the PGA