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By J Heagney ·
Thanks for the explanation. I didn't understand exactly how the calculation worked. JH -
By chspeed ·
Since more news will clarify things, but we're having fun speculating, here is some speculation on what is happening. Please don't hate, it's only speculation for fun! 1. Obvious, but this is hardly a merger. It's an acquisition as others have pointed out. 2. The PGAT and DPWT sold because they don't have the cash to compete with LIV payouts and were on the verge of losing a bunch more high-profile players to LIV in the coming year. 3. As a sovereign wealth fund, PIF didn't like LIV management (Norman, etc.) and wanted a good operator. They are playing a very long game, and know that the PGAT can run a tour a lot better than LIV ever could. 4. The only way the PGAT and DPWT can sell this to players is if there is A LOT of money that will be taken off the table. In other words, the Rorys of the PGAT will cash out big and get deals similar to those that left the PGAT in the past year or two. 5. As part of the terms, the PIF will fade into the background, and all parties that cash out (including current PGAT players and officials) will agree not to mention them or badmouth them. Totally. Everyone and their mothers will be investigating this. I would be impressed if this clears all the world's different organizational bodies. -
By Beastie ·
So Bloomberg is reporting that the US DoJ is gonna investigate the merger re anti trust laws. Although I seem to remember them being involved months ago anyway, so it is probably to be expected -
By saevel25 ·
Broker a truce does not mean knowledge of merger. That article clearly lacks statements or other facts to say that Rory knew of the merger. -
By Hardluckster ·
It seems as though Rory had previous knowledge that a deal may have been in the works. Newcastle chief Amanda Staveley's role in PGA Tour-LIV Golf saga after Rory McIlroy chat - Mirror Online The PGA Tour and LIV Golf have merged after a year of war between the two competitions, with the latter enlisting...
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