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A New Beginning for Professional Golf Globally
PGA Tour, LIV Tour, DP world Tour Unite
In the last few years, professional golf has seen more changes than any other time in history. In 2021 the European Tour, which was founded 50 years ago in 1972, rebranded itself under a new name: The DP World Tour. The move was made to further enhance and grow its exposure worldwide. In 2022, the Saudi backed LIV Golf Tour launched its invitational series of golf tournaments in London, England with strong disapproval by many in professional golf.
What followed was a sharp and conflicting division of professional golf worldwide, spearheaded by the PGA Tour and many of its players. It was not good for the game of golf and especially bad for golf fans, who closely follow their favorite players. It was quite simply the most serious setback professional golf had ever faced.
On June 6th the PGA Tour, LIV Golf Tour and The DP World Tour announced that all three tours would merge their business operations. Over several weeks, meetings were arranged by PGA Tour board member Jimmy Dunne for Jay Monahan to meet with all entities to facilitate this remarkable transition in the game. Mr. Monahan realized LIV Golf had a deep well of funds and wasn’t going anywhere.
He said, “golf was too divided and had too much tension and it would be best for everyone to come together.” The Public Investment Fund, the sovereign wealth investment fund of the Saudi government, “will make a capital investment into the new entity to facilitate its growth and success,” according to a news release. The fund will also be the exclusive investor of the “new entity.” All outstanding litigation, including a lawsuit filed by a number of golfers who joined the LIV tour filed against the PGA Tour will now end.
For golf fans worldwide, and all professional players in the game, this is welcome news. Many are confused about the details; these will be released in the weeks ahead. For all of us in and around the game, there is a sigh of relief that this major professional golf war is over!