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Golf’s PGA Tour and Saudi Arabia-backed LIV agree commercial tie-up

The US-based PGA Tour and Saudi Arabia-backed breakaway league LIV have agreed to hitch forces, ending a long-running feud that had bitterly divided males’s skilled golf.

The PGA Tour, the European Tour and Saudi’s Public Funding Fund stated that they had agreed to create a brand new, jointly-managed entity to deal with their business operations, and intend to stop all of their pending litigation.

The brand new entity will embrace LIV Golf, the Saudi-backed golf league that paid a whole lot of tens of millions of {dollars} to draw among the high gamers within the sport.

The excursions additionally stated they intend to create a path for gamers who left the US and European circuits for LIV Golf to reapply for membership.

The deal resolves the dispute between the established excursions and LIV, which had clashed over the way forward for the game in a saga that had highlighted how the oil-rich kingdom’s billions are influencing world sport.

LIV’s arrival splintered males’s skilled golf because the Saudi sequence attracted among the high names within the sport, with Brooks Koepka, Phil Mickelson and Dustin Johnson switching allegiances to play for LIV as an alternative of the US incumbent tour.