Yasir Al-Rumayyan, the chairman of Saudi Arabia’s Public Investment Fund and the architect of LIV Golf, is stepping down from his position as chairman of the LIV board, according to a report from the Sports Business Journal.
A PGA Tour delegation of Tiger Woods, Australia’s Adam Scott and commissioner Jay Monahan are meeting US President Donald Trump at the White House on Thursday afternoon (Friday morning, AEDT), according to sources.
At the moment, it seems negotiations between the PGA Tour and Saudi Arabia’s PIF and its governor, Yasir Al-Rumayyan, are enmeshed in anti-trust regulation hell, forcing a harrowing holding pattern in which all of golf’s lawyers and all the kingdom’s men can’t seem to put what’s left of the tour back together again.
Exactly what was being said between the two main protagonists in their many private moments will remain something of a mystery. Neither man had anything to say publicly at the conclusion of their rounds.
[PHOTO: Ross Parker – SNS Group] Rory McIlroy wanted nothing to do with speaking to the written press on the eve of the DP World Tour’s Alfred Dunhill Links Championship. But the Belfast lad did give a two-and-a-half-minute interview to BBC Northern Ireland on the subject of, you guessed it, the symbolism of the men Read more…
Multiple sources familiar with the matter told Golf Digest that LIV Golf’s team component is one of many highly contested subjects in a potential deal.
Spieth did not go into any detail about who else would be there or if it was taking place three days from now, though he did say he believes this potential meeting could be beneficial for both parties.
Though the incontrovertible takeaway from the past two years in professional golf is that no one knows anything, at least for certain, we’ve spent much of this week at TPC Sawgrass gathering intel on the status of the deal.
In a performance that was alternately confident and cautious, PGA Tour commissioner Jay Monahan spoke in front of the gathered media for the first time since last August at the Tour Championship.
Yasir Al-Rumayyan, head of Saudi Arabia’s Public Investment Fund and the de facto head of LIV Golf, has been accused of “having carried out the instructions” of Saudi Arabian Crown Prince Mohammed bin Salman with “malicious intent” according to a lawsuit filed in Canada.
Australian Golf Digest
