PGA Tour and Saudi-backed LIV Golf to Merge: A Strategic Move to End Legal Disputes and Shape a "Unified Golf Enterprise"

June 07, 2023

The PGA Tour and LIV Golf, a Saudi-backed rival, have reached an agreement to merge their commercial businesses and rights into a new company. This deal aims to resolve ongoing litigation between the two entities and create a larger golf enterprise. LIV Golf, supported by the Saudi Arabia Public Investment Fund, has faced antitrust lawsuits from the PGA Tour in recent times. The merger, announced on Tuesday, would put an end to the pending legal disputes.

William Lemanske