Tiger Woods expressed his disappointment on Tuesday regarding the slow pace of the PGA Tour-LIV Golf merger, acknowledging that he and others involved had hoped for quicker progress. Speaking at the Hero World Challenge in the Bahamas, Woods, who serves as a vice chairman of the PGA Tour Enterprises board, said that while the process was moving forward, he had hoped there would be more concrete developments by now.
Woods emphasized that despite the delay, progress was being made on a daily basis, with discussions continuing in a constructive manner. He explained that the situation remained fluid and that both the PGA Tour and LIV Golf were working through the complexities of the merger. Woods remained optimistic but acknowledged the frustration with the slow pace of the negotiations.
Any potential agreement between the PGA Tour and the Saudi Public Investment Fund (PIF), which supports LIV Golf, would still need approval from the US Department of Justice’s anti-trust division, Woods reminded reporters.
This would be a significant hurdle, even if the merger deal had been finalized sooner. The framework for the merger was initially announced in June 2023 by PGA Tour Commissioner Jay Monahan, but tensions between the two sides remain.
Rory McIlroy, another prominent golfer, recently suggested that US President-elect Donald Trump could help resolve the standoff. McIlroy pointed to Trump’s strong relationships with both Saudi Arabia and the sport of golf as potential leverage to break the impasse.
He indicated that Trump’s involvement could clear the way for a resolution, especially with reports suggesting that the PIF is ready to invest over a billion dollars into the newly-formed PGA Tour Enterprise.
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