LIV Golf has been deemed an “existential threat” to the PGA Tour, according to officials who testified before US lawmakers. The PGA Tour’s Chief Operating Officer, Ron Price, and board member Jimmy Dunne, appeared before the US Senate Permanent Subcommittee on Investigations to discuss the potential merger between the PGA Tour and LIV Golf. Dunne emphasized the urgency of reaching a deal with LIV Golf before it becomes impossible. He expressed concerns about LIV Golf’s ability to invest unlimited amounts of money into golf and potentially dominate the sport. The proposed merger between the two golf leagues, which have been engaged in a bitter battle for two years, has caused significant controversy due to LIV Golf’s Saudi-backed funding. Critics argue that the involvement of Saudi Arabia’s Public Investment Fund (PIF) is an attempt to improve the country’s international reputation. The Subcommittee also revealed documents detailing discussions about potentially ousting LIV Golf CEO Greg Norman and creating LIV teams for Tiger Woods and Rory McIlroy. However, it is unclear whether Woods or McIlroy were ever informed of these proposals. The agreement between the PGA Tour and LIV Golf calls for the creation of a new company, with the PGA Tour as the majority owner and the PIF holding a large minority stake.
National officials claim LIV Golf poses a significant risk to the PGA Tour
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