LIV Golf (Saudi PIF), "Mergers," and More

[woodzie264]

18 minutes ago, Double Mocha Man said:

Wondering what would happen if, surprisingly, LIV folds.  What would be the status of the players?  Welcomed back into the arms of the PGA Tour or shunned.  A waiting period?

I’ve wondered about that. If it’s been a long enough break for those players from Tour, would they need to re-qualify for the Tour?  I’m sure there has been discussion amongst the powers that be.

[iacas]

37 minutes ago, Double Mocha Man said:

Wondering what would happen if, surprisingly, LIV folds.  What would be the status of the players?  Welcomed back into the arms of the PGA Tour or shunned.  A waiting period?

I imagine they might have to wait a year or more. Particularly those who sued.

Maybe someone like DJ, you let him come back much sooner than someone like PReed or Poulter.

DJ just kinda went. Didn't bad-mouth the Tour.

[boogielicious]

2 hours ago, Double Mocha Man said:

Wondering what would happen if, surprisingly, LIV folds.  What would be the status of the players?  Welcomed back into the arms of the PGA Tour or shunned.  A waiting period?

For a price, say a cool $40,000,000 each.

[DeadMan]

2 hours ago, woodzie264 said:

I’ve wondered about that. If it’s been a long enough break for those players from Tour, would they need to re-qualify for the Tour?  I’m sure there has been discussion amongst the powers that be.

Some of them resigned their membership, so they might have to requalify possibly. Phil resigned his but he's lifetime exempt on the PGA Tour, so it might just be filling out an application for him. I don't know exactly how the rules work, but there might be some sort of requalification process.

I'd bet that the PGA Tour will make any LIV player that wants to come back serve a suspension. If LIV folds, I don't think they'd be able to ban someone permanently under US antitrust law, but I'd imagine a year suspension would be fine. 

[Zeph]

4 hours ago, iacas said:

We'll see. I don't think it's definitely going to fail, but I don't think it's definitely going to succeed, either.

That depends on what they would call success. They’ve been slowly buying their way into top level sports for many years now, and I doubt they do it for the money.

If LIV just keeps existing as a way for a selection of players to make bucketloads, who knows what the situation looks like some years down the line.

The amount of money involved at the highest levels of football, FIFA and all that, the sport comes second. As long as the money keeps coming, people will go there.

I can particularly see how young up-and-coming players are enticed. Secure themselves financially for life (if they don’t squander it) in the twenties, and they don’t have a long-standing reputation on the PGA Tour or in the world of golf to throw away.

From a golf fan’s perspective or commercial perspective, LIV doesn’t look too good, but I wouldn’t be surprised if they got smart enough people involved that knew all this was coming and potentially got long-term plans ready. Perhaps not Norman or those making the headlines, but people behind the scenes. With the amount of money they can put on the table, they can surely get hold of some very knowledgable people. And considering how much they already have invested and are willing to invest, throwing in the towel at this point would strike me as strange. For all we know, they could already be considering LIV a success.

[iacas]

20 minutes ago, Zeph said:

That depends on what they would call success. They’ve been slowly buying their way into top level sports for many years now, and I doubt they do it for the money.

If LIV just keeps existing as a way for a selection of players to make bucketloads, who knows what the situation looks like some years down the line.

The amount of money involved at the highest levels of football, FIFA and all that, the sport comes second. As long as the money keeps coming, people will go there.

I can particularly see how young up-and-coming players are enticed. Secure themselves financially for life (if they don’t squander it) in the twenties, and they don’t have a long-standing reputation on the PGA Tour or in the world of golf to throw away.

From a golf fan’s perspective or commercial perspective, LIV doesn’t look too good, but I wouldn’t be surprised if they got smart enough people involved that knew all this was coming and potentially got long-term plans ready. Perhaps not Norman or those making the headlines, but people behind the scenes. With the amount of money they can put on the table, they can surely get hold of some very knowledgable people. And considering how much they already have invested and are willing to invest, throwing in the towel at this point would strike me as strange. For all we know, they could already be considering LIV a success.

This isn’t soccer. Soccer has revenue. They bought an established team.

LIV made no real revenue. Norman thinks they’re going to sell a lot of merchandise.

All the people leaving signal that they don’t see it as a success currently.

[DeadMan]

How dumb is James Hahn?

Holy shit. 

[iacas]

1 hour ago, DeadMan said:

How dumb is James Hahn?

Uhhhhhh…

[ChetlovesMer]

On 2/14/2023 at 6:06 PM, DeadMan said:

How dumb is James Hahn?

Holy shit. 

There is no doubt, James, that would be pretty cool. 

I'm going out on a limb here, that doesn't "feel" very likely. 

Kind of like how Dennis Rodman was able to really help Kim Jong Un see the light...

[turtleback]

On 2/10/2023 at 8:53 AM, BlackDiamondPar5 said:

Two more just sold their souls to the bonesaw exhibition. Sebastian Munoz Mito Pereira.

Good riddance. 

Who DAT?

 

[GolfLug]

On 2/14/2023 at 6:06 PM, DeadMan said:

How dumb is James Hahn?

Holy shit. 

I wish I could read Shipnuck's mind as he starts smirking towards the end. 

Even 'His Excellency's must have trouble muffling a full throated laugh..

[Vinsk]

‘ How excellent would it be if 10 years from now human rights get better!?’

But until then, they’re signing paychecks and life is just grand! 😒

[sjduffers]

48 minutes ago, Vinsk said:

‘ How excellent would it be if 10 years from now human rights get better!?’

But until then, they’re signing paychecks and life is just grand! 😒

Kinda like: "I just joined the Gestapo. I am thinking that I could change Adolf's mind in 10 years"?  Maybe not quite literally, but close enough. That guy is just completely clueless!  SMH.

[Elmer]

4 minutes ago, sjduffers said:

Kinda like: "I just joined the Gestapo. I am thinking that I could change Adolf's mind in 10 years"?  Maybe not quite literally, but close enough. That guy is just completely clueless!  SMH.

More like- "I just joined the Gestapo, for an obscene amount of money. But I don't share their values. While my beliefs are different, I am hoping to bring about change from within, with making no noticeable effort to bring about change.  I am thinking that If Adolf's mind changes in 10 years, it was due to my taking an obscene amount of money to dance with the devil"

[jmanbooyaa]

BK is coming back to the Pga tour. Ha ha ah

[boogielicious]

7 hours ago, ChetlovesMer said:

There is no doubt, James, that would be pretty cool. 

I'm going out on a limb here, that doesn't "feel" very likely. 

Kind of like how Dennis Rodman was able to really help Kim Jong Un see the light...

Puppets often don’t feel the hand of the puppet master up their backside.

[iacas]

Judge deals LIV Golf major legal blow in PGA Tour suit

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A judge dealt LIV Golf a significant legal blow on Thursday night, ruling the PGA Tour could compel documents from Saudi PIF officials.

On Thursday night, a federal judge ruled that PGA Tour lawyers could depose the Saudi Public Investment Fund, including PIF governor Yasir Al-Rumayyan, for documents related to the fund and its involvement as LIV Golf’s principal financier. Al-Rumayyan and the PIF had sought protection from the Tour’s legal probes — which threaten to unearth information about the highly secretive fund — on the grounds of “sovereign immunity,” a premise rejected by judge Susan Van Keulen’s ruling.

[woodzie264]

6 minutes ago, iacas said:

Judge deals LIV Golf major legal blow in PGA Tour suit

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A judge dealt LIV Golf a significant legal blow on Thursday night, ruling the...

On Thursday night, a federal judge ruled that PGA Tour lawyers could depose the Saudi Public Investment Fund, including PIF governor Yasir Al-Rumayyan, for documents related to the fund and its involvement as LIV Golf’s principal financier. Al-Rumayyan and the PIF had sought protection from the Tour’s legal probes — which threaten to unearth information about the highly secretive fund — on the grounds of “sovereign immunity,” a premise rejected by judge Susan Van Keulen’s ruling.

whooo hooo!