LOS ANGELES (AP) — Eight-time major champion Tom Watson is the latest to want answers on the PGA Tour’s new business partnership with Saudi backers of LIV Golf. He has sent a letter to PGA Tour Commissioner Jay Monahan asking if the deal was the only way to solve the tour’s financial hardship. The tour has an agreement with the Saudi sovereign wealth fund and the European tour to pool businesses in a new for-profit company. One person who has seen the agreement says it contains assurances the tour would keep a controlling voting interest no matter how much money the Saudis invested.
Tom Watson Is The Latest To Want Answers On PGA Tour’s Deal
June 20, 2023 4:39 am