Commissar SFLUFAN Posted June 6, 2023 Share Posted June 6, 2023 Yeah, sure - definitely a "merger". PGA Tour agrees to merge with Saudi-backed rival LIV Golf WWW.CNBC.COM The PGA Tour is merging with Saudi-backed rival LIV Golf, following months of tensions and mounting lawsuits between the competitors. Quote The PGA Tour has agreed to merge with Saudi-backed rival LIV Golf in a deal that would see the competitors squash pending litigation and move forward as a larger golf enterprise. The two entities signed an agreement that would combine the PGA Tour and LIV Golf’s commercial businesses and rights into a new, yet-to-be-named for-profit company. The agreement includes DP World Tour, also known as the European PGA Tour. LIV Golf is backed by the Saudi Arabia Public Investment Fund, an entity controlled by the Saudi crown prince and has been embroiled in antitrust lawsuits with the PGA Tour in the last year. The deal announced Tuesday would end all pending litigation. Quote Link to comment Share on other sites More sharing options...
Biggie Posted June 6, 2023 Share Posted June 6, 2023 Golf is for people who aren’t athletic enough to play badminton. Quote Link to comment Share on other sites More sharing options...
Brian Posted June 6, 2023 Share Posted June 6, 2023 Lololololo PGA telling players to snub massive bags so they can secure their own bag. What a play. 1 Quote Link to comment Share on other sites More sharing options...
Guest Posted June 6, 2023 Share Posted June 6, 2023 LIV caused the PGA to change in many ways that benefit the talent on the course, good for the players. Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted June 6, 2023 Share Posted June 6, 2023 Phil Mickelson vindicated! Quote Link to comment Share on other sites More sharing options...
Paperclyp Posted June 6, 2023 Share Posted June 6, 2023 My guess: LIV was snatching up Rory, maybe some other big names, and at some point they do the math and they're like we're fucked. The interesting thing to me will be the terms of the merger. I don't think I can stomach much if the Saudis are consistently making a long-term buck off of this, which it's hard to imagine they won't. My hope is it's like a one time lump sum type of thing and maybe some tournies in the Middle East or something, but the PGA tour retains control and there's no massive residual going to the Saudis (again, extremely wishful thinking). I don't watch a TON of pro golf but I do watch some of all the majors, and get really into the Masters. So this is a disappointment to me. 1 Quote Link to comment Share on other sites More sharing options...
Mr.Vic20 Posted June 6, 2023 Share Posted June 6, 2023 I fear that the epitaph on mankind's tomb stone will read: They loved balls, maybe too much. 1 Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted June 6, 2023 Share Posted June 6, 2023 Shocked that all of the conservatives super into golf aren't livid about the sport being in the pockets of the Saudis. Shocked, I say! Quote Link to comment Share on other sites More sharing options...
Biggie Posted June 6, 2023 Share Posted June 6, 2023 49 minutes ago, Kal-El814 said: Shocked that all of the conservatives super into golf aren't livid about the sport being in the pockets of the Saudis. Shocked, I say! Do you feel the need to inject politics into every thread topic? Jesus man, relax. Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted June 6, 2023 Share Posted June 6, 2023 Just now, Biggie said: Do you feel the need to inject politics into every thread topic? Jesus man, relax. The LIV is funded by the sovereign wealth fund of Saudi Arabia and is inherently political. Maybe take up your objection with the PGA Quote Link to comment Share on other sites More sharing options...
Biggie Posted June 6, 2023 Share Posted June 6, 2023 8 minutes ago, Kal-El814 said: The LIV is funded by the sovereign wealth fund of Saudi Arabia and is inherently political. Maybe take up your objection with the PGA And this merge between the 2 only make conservatives livid? Okay buddy boy. 1 Quote Link to comment Share on other sites More sharing options...
thewhyteboar Posted June 7, 2023 Share Posted June 7, 2023 LIV Golfers On Saudi Course Forced To Putt Around Woman Being Beheaded WWW.THEONION.COM KING ABDULLAH ECONOMIC CITY, SAUDI ARABIA—Players on the LIV Golf tour expressed frustration Friday over the hazards on the course at the Royal Greens Golf and Country Club, where they were reportedly forced to putt around a woman being beheaded. “I was doing all right until the 13th hole, when it cost me three… Wonder what league the Saudis will go after next. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted June 7, 2023 Author Share Posted June 7, 2023 13 minutes ago, thewhyteboar said: LIV Golfers On Saudi Course Forced To Putt Around Woman Being Beheaded WWW.THEONION.COM KING ABDULLAH ECONOMIC CITY, SAUDI ARABIA—Players on the LIV Golf tour expressed frustration Friday over the hazards on the course at the Royal Greens Golf and Country Club... Wonder what league the Saudis will go after next. The WWE is pretty much a given. Quote Link to comment Share on other sites More sharing options...
thewhyteboar Posted June 8, 2023 Share Posted June 8, 2023 1 hour ago, Commissar SFLUFAN said: The WWE is pretty much a given. I feel basketball would be next on the list. The Saudis don’t give a shit about money. They could offer a few guys a billion dollars each to start a league and see what happens. Quote Link to comment Share on other sites More sharing options...
Brian Posted June 8, 2023 Share Posted June 8, 2023 1 hour ago, thewhyteboar said: I feel basketball would be next on the list. The Saudis don’t give a shit about money. They could offer a few guys a billion dollars each to start a league and see what happens. Tennis attracts the rich, white people that can help Saudi rehab its image as the world burns. With no contracts, Saudi can sign the top players easily and force a similar situation. 1 Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted February 7 Share Posted February 7 US Senators Accuse McKinsey, BCG of Hindering PGA-LIV Probe WWW.BLOOMBERG.COM Saudi Arabia has threatened to imprison the bankers and consultants it works with if they cooperate with a probe by US lawmakers into the planned merger of the PGA Tour with LIV Golf. Quote Link to comment Share on other sites More sharing options...
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