Good news for LIV Golf fans! The rumor mill had been in full motion for the past few days speculating how there is a deal in the works for the Jay Monahan-led PGA Tour. Reports mentioned how the men’s circuit is supposedly close to finalizing an agreement with the concerned parties. However, it appears the Saudi-backed League would remain separate following the same.

A tweet was made by Flushing It on X (formerly known as Twitter) while sharing a post made by Dan Rapaport. The latter, via the social media post, mentioned how “a deal between the PGA Tour and investors (Strategic Sports Group and the Saudi Public Investment fund) is imminent,” before going ahead to dub it as “finish line time.” Sharing the same, the news handle added how, as per reports, “LIV will remain a separate entity.”

PGA Tour-LIV Golf merger about to be finalized soon?

The talk in the town seems to be going back and forth for the past couple of days regarding the upcoming framework agreement between the three circuits. There were rumors of the merger being already finished owing to significant progress made by the golfing bodies. But, the following day, reports indicating a delay in the same started to arise.

As per sources, a deal between SSG and the PGA Tour was reportedly imminent for an amount just shy of $3 billion while delaying the upcoming merger and keeping the PIF-funded circuit out of the “initial investment vehicle.” Interestingly, regardless of whether the deal between the two happened or not, LIV Golf was being kept separate to avoid the scrutiny of the Department of Justice.

Trending

‘Rattled’ Scottie Scheffler Reveals Police Officer’s Unsettling Question That Left Him Speechless

May 17, 2024 10:07 PM EDT

Despite Being Shown the Exit Door, Rickie Fowler Becomes the Bigger Person With Latest Gesture for Ex-Sponsor

May 07, 2024 04:04 PM EDT

PGA Tour Rumors: Unproven Scottie Scheffler Felony Charge Pushes Louisville Police Department in Hot Water

May 18, 2024 10:00 AM EDT

How Much Would Erica Stoll Receive from Rory McIlroy in Divorce Settlement?

May 16, 2024 05:18 AM EDT

Phil Mickelson & Top LIV Golf Hotshots Who Missed the 2024 PGA Championship Cut

May 18, 2024 06:04 AM EDT

Get instantly notified of the hottest Golf stories via Google! Click on Follow Us and Tap the Blue Star.

Follow Us

The Fenway Sports’ led group, as per reports, was supposedly said to invest in the Monahan-led circuit, or more specifically, in the PGA Tour Enterprises, the new entity that would be formed following the merger. Moreover, the support would come in the form of investing in “domestic rights,” thereby helping the Tour supposedly gain leverage over its talks with Yasir Al-Rumayyan and his Public Investment Fund during the framework agreement.

Jon Rahm Update: Hunter Mahan Mocks LIV Golf’s $500M Dream Boy Days After Obliterating Jay Monahan

Well now, it appears the new reports that emerged indicate a shift in focus yet again to the merger as it reportedly nears its final steps. There were even speculations of the presence of “a framework on top of the framework” that was expected to be set between LIV Golf and PGAT. Although nothing has been confirmed as of yet, many in the community are eagerly awaiting news of the merger.

Watch This Story | 3 Major Takeaways as Viktor Hovland Breaks Silence on Jon Rahm’s $566 Million LIV Golf Move