Despite Facing Severe Backlash Over Its Merger Decision, Man Behind the Deal Assures Fans of PGA Tour Dominance
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The PGA Tour’s merger with the LIV Golf Series has left many scratching their heads. Despite resisting any communication with the cash-rich league, the body jumped ship on short notice to agree on a historic deal.
More questions have arisen since that merger took place, but who better to answer them than the man who brokered the agreement? In his own words, has he sold the PGA Tour to foreign hands?
Jimmy Dunne reveals the details of the PGA Tour-LIV Golf merger
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One of the most prominent PGA Tour policy board members, Jimmy Dunne is known to have played a key role in golf’s biggest-ever merger. In an interview with a leading media house, he revealed the insights into the deal which he brokered with H.E. Yassir Al-Rumayyan himself.
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The round of discussions began in late April when the duo flew to England to discuss the proceedings. Remarkably, Dunne laughed off the idea of the PIF controlling the PGA Tour after the merger.
He revealed that the wealthy sovereign fund will only get the “right of first refusal” to be the Tour’s investment partner, which should most likely guarantee a position on the new board. However, what about the LIV Golf Series then, considered by close sources as Rumayyan’s dearest venture?
Jimmy Dunne has provided further details of what's been negotiated between the PGA Tour and the Public Investment Fund of Saudi Arabia, claiming the PGA Tour remains very much in controlhttps://t.co/0Jwa2VZThG
— Irish Golfer (@IrishGolferMag) June 9, 2023
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What happens to the LIV Golf Series in the new regime?
In a major revelation by Dunne, current PGA Tour Commissioner Jay Monahan, is set to keep an eye on the businesses at LIV Golf Series this season. At the end of the year, the newly formed tour will be expected to take a decision on the series, but considering Rumayyan’s position, any dramatic amendment seems unlikely.
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However, the words of the PGA Tour and its members have been found erroneous at several stages across the last couple of years. While Dunne has maintained the PGA Tour’s strength over the merger, one can’t help but identify a blast from the past, which has already angered many within the golf community.
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Edited by:
Manaal Siddiqui
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