PGA Tour and LIV Golf agree to merge to end golf split

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The PGA Tour has agreed to merge with rival tour LIV Golf, which is backed by Saudi Arabia, in a deal that would end the sport’s split.

The surprise announcement comes after a year of unprecedented chaos for the men’s game following the launch of LIV.

This means pending litigation between the tours will now cease and they will move forward as a larger enterprise.

“This is a historic day for the game we all know and love,” said PGA Tour Commissioner Jay Monaghan.

An agreement has been signed that will combine the commercial operations and rights of the PGA Tour and LIV into a new, as yet unnamed, for-profit company.

The deal includes the DP World Tour, formerly known as the European Tour.

The advent of the LIV Tour has disrupted men’s professional golf over the past year, with several top players being lured by big prize money and no-elimination events that feature team formats.

LIV Golf is backed by Saudi Arabia’s Public Investment Fund (PIF), which is controlled by the crown prince and was embroiled in an antitrust lawsuit with the PGA Tour last year.

DP World Tour CEO Keith Paley said: “This is a big day – it’s uplifting and exciting to be working with this new entity.”

His opponent on the PGA Tour, Monaghan, confirmed that the team element of the LIV format will continue in some form.

“This transformative partnership recognizes the PGA Tour’s history, tradition and invaluable power of a pro-competition format, and brings together the DP World Tour and LIV – including the team golf concept – to create An organizational partner and fan that benefits golfers, businesses and charities,” he added.

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