President Donald Trump, addressing journalists on Air Force One, said that he was optimistic about the merger between the PGA Tour and the Liv (Mandel Ngan) golf course)
President Donald Trump said Thursday that he was optimistic about a possible merger between the PGA Tour and the Golf Liv following a new report on a dead end of negotiations to bring the game together.
Speaking on Air Force One as he went to Florida before the Miami golf event this weekend at Trump National Doral, the American chief said he thought that a merger was inevitable.
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“In the end, I hope the two tours will merge,” Trump told journalists. “It will be good. I am involved in this too, but I hope that we will merge the two tours.
“You have the PGA Tour, you have the liv tour. And I think to merge them would be a good thing.”
Trump, a passionate golfer, organized two cycles of recent talks to the White House between the leaders of the PGA Tour and the VIV funded by Saudi Arabia while sport tries to pass from the enmity that broke out after the entrance to Liv in 2021.
PGA Tour Commissioner Jay Monahan said this month that Trump’s intervention in current negotiations had “considerably strengthened” the hopes of bringing together sport.
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However, a report in the British newspaper The Guardian said Thursday that negotiations had reached an impasse after the PGA Tour did not deliver “serious concessions” in exchange for an investment of $ 1.5 billion in the public investment fund of Saudi Arabia (PIF), the Sovereign Wealth Fund that Banque Liv.
The Guardian report citing unidentified sources said that PIF had requested PGA Tour insurance that the Liv circuit would continue to follow any agreement and that the Governor of the Fund, Yasir al-Rumayyan, would be appointed co-master of PGA Tour Enterprises.
However, the PGA Tour rejected these two requests in response to Liv sent on Monday, according to The Guardian.
The news of the impasse is before the first major of the year at next week’s masters in Augusta National, where 12 Liv Golf players will hold the best rivals in the PGA Tour.
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One of the most prominent players to be lacking in the Liv Golf, admitted this week that the circuit financed by Arabia, did not progress during its four seasons.
“I think we all hoped that it would have been a little further, and it is not a secret,” he said. “But they make progress and it seems to go in the right direction.”
RCW / BB