PGA Tour, LIV Golf Arrangement Remains Unclear as December Deadline Looms

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PGA Tour, LIV Golf Arrangement Remains Unclear as December Deadline Looms
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How LIV Golf is folded into a new league or continues to exist in the future is among the big questions still to be answered.

" between the PGA Tour, DP World Tour and the Public Investment Fund of Saudi Arabia, which was announced June 6. That move that shook the golf world has a Dec. 31 deadline for resolution, although it is certainly possible it can be extended.

How LIV Golf is folded in or exists in the future is among the big questions. So is how much the PIF invests in the new venture and if that will include any investment in the PGA Tour in the form of sponsorship money. U.S. lawmakers have pushed back on the deal, citing too much influence by an international entity. It's possible the Tour sees other equity investment as a way to quell those concerns. Or, it could also be possible the Tour is looking for such investment in case the deal with the PIF does not materialize.

PGA Tour players would ultimately have to approve a deal with the PIF in the aftermath of the framework agreement which caught them by surprise.The PGA Tour has announced its schedule for 2024, with LIV Golf expected to do so soon with a 14-tournament league slate that is expected to begin in February. If a deal is completed, nothing would conceivably occur until 2025. And if it lingers into next year with an extension, it’s possible a new-look entity would not begin until 2026.

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