PGA Tour, DP World Tour and PIF agree bombshell commercial merger

Patrick Reed (R) and Yasir al-Rumayyan, head of the PIF sovereign wealth fund at Trump National Golf Club Bedminster (Photo by Cliff Hawkins/Getty Images)
Patrick Reed (R) and Yasir al-Rumayyan, head of the PIF sovereign wealth fund at Trump National Golf Club Bedminster (Photo by Cliff Hawkins/Getty Images)

The PGA Tour, DP World Tour and Saudi Arabia’s Public Investment Fund (PIF) are to merge commercial operations under common ownership in a shock tripartite agreement that ends all pending litigation related to the breakaway LIV Golf tour.

You'll need a subscription to continue reading

Discover our range of subscription choices, with options starting from £39/month

Already have an account? Sign in here