Greg Norman has not been talked about with repect to the merger of the PGA Tour, the Saudi Public Investment Fund and the DP World Tour for the reason that announcement, however he’s underneath the impression LIV Golf will stay intact.
The merger will create a brand new golf entity, which has shaken up the game because it was revealed Tuesday morning.
And whereas PGA Tour Commissioner Jay Monahan and PFI’s Yasir Al-Rumayyan had been talked about in a information launch, Norman was not named, making many marvel if his place as LIV Golf’s CEO is coming to an finish.
Norman reportedly hosted a 30-minute Zoom for greater than 100 folks, based on Sports Illustrated, throughout which he stated, “We’re not going anywhere.”
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“The spigot is now wide open for commercial sponsorships, blue chip companies, TV networks,” Norman stated, based on somebody on the decision who didn’t wish to be recognized.
“LIV is and will continue to be a standalone enterprise. Our business model will not change. We changed history, and we’re not going anywhere.”
GREG NORMAN ‘NOT EXPECTED’ TO BE PART OF VENTURE AFTER LIV GOLF-PGA TOUR MERGER: REPORT
Sports Illustrated beforehand reported that Norman is “not expected to be part of the venture going forward.” Some consider proof of that comes with Al-Rumayyan admitting he contacted Norman concerning the merger simply earlier than the announcement was made. Norman, like many others within the recreation, had no clue what was occurring till the announcement.
Norman has been entrance and heart since LIV Golf’s inception, which irked the likes of Rory McIlroy and Tiger Woods, amongst others.
“I think Greg needs to go,” McIlroy stated in November. “I think he needs to just exit stage left. He’s made his mark, but I think now is the right time to sort of say, ‘Look, you’ve got this thing off the ground, but no one is going to talk unless there’s an adult in the room that can actually try to mend fences.'”
McIlroy additionally informed reporters forward of the RBC Canadian Open Wednesday he believes LIV Golf will stop to exist following this merger.
MITCH MCCONNELL DOESN’T BELIEVE PGA TOUR MERGER WITH SAUDI-BACKED LIV GOLF HAS ‘GOVERNMENTAL CONCERN’
“The one thing I think was really misconstrued yesterday was all the headlines were PGA Tour merges with LIV,” he defined, through Sky Sports News. “LIV’s got nothing to do with this. The PGA Tour, DP World Tour and the Public Investment Fund are basically partnering to create a new company. I think that’s where I was a little frustrated because all I’ve wanted to do and all I’ve wanted in the past year from basically this tournament is to protect the future of the PGA Tour and protect the aspirational nature of what the PGA Tour stands for.
“I hope that this does that, however I feel with the headlines being ‘merges with LIV,’ that’s not — for those who take a look at the way it’s structured down, this new firm sits above every thing. Jay’s the CEO of that, so technically anybody that’s concerned with LIV now would reply to Jay. The PGA Tour has management over every thing.”
Woods added, “Greg’s acquired to depart,” when asked if LIV Golf and the PGA Tour could coexist.
There has been no official word about Norman’s status with the new entity, which has yet to be named.
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Now, LIV and the PGA Tour are tied at the hip with a goal to “unify the sport of golf, on a world foundation.”
Fox News’ Joe Morgan and Paulina Dedaj contributed to this report.