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on friday, golf week A group of PGA Tour players is close to meeting with the head of Saudi Arabia’s public investment fund in a bid to continue brokering a deal with the controversial sovereign wealth fund that has disrupted the tour and men’s professional golf. was first reported.
A meeting is tentatively scheduled for Monday at a private residence in Ponte Vedra Beach, Fla., after the conclusion of The Players Championship at nearby TPC Sawgrass, two sources told Eamonn Lynch. That’s what it means. Patrick Cantlay, player director of the PGA Tour Policy Committee, confirmed the meeting with Sports Illustrated on Sunday and tabbed the event as a meet-and-greet.
“Well, I have to listen to them, and whenever I go into a meeting in that capacity, I’m going to do my best to represent the entire membership,” Cantlay said of Players Champion. He told SI after the final round of the ship. “I think the more information we have, the better.”
Cantlay did not provide details of the meeting. It is unclear who else from the Tour, PIF or Strategic Sports Group will be in attendance.
“If that doesn’t happen, we’re going to continue with the same paradigm that we have now,” Cantlay said in response to a question about what would happen if a deal doesn’t happen. “I think there are advantages and disadvantages.”
Of the six player-directors on the tour’s policy committee, all of whom also now serve on the board of the new for-profit organization PGA Tour Enterprises, this week’s players include Patrick Cantlay and Jordan. Spieth, Adam Scott, Peter Malnati, Webb Simpson. Tiger Woods was the only one not in attendance. Former veteran Joe Ogilvie, who joined both boards last week as a liaison with player directors, is scheduled to arrive in Ponte Vedra Beach on Sunday ahead of Enterprise’s board meeting scheduled for Tuesday at tour headquarters.
from golf weekOriginal report on the meeting:
The meeting between Al Rumayyan and the players is intended as an informal icebreaker to move negotiations between the Tour and PIF forward, but the negotiations will continue until a framework agreement was announced between the two sides on June 6. Since then, I’ve been pretty much at a standstill. A faction of player-managers remains angry about the secret process that led to the agreement and is known to be skeptical of the agreement with Saudi Arabia, which has pumped billions of dollars into LIV Golf.
Earlier this week, during the tour’s annual address, PGA Tour Commissioner Jay Monahan said he met with PIF Governor and LIV Golf Chairman Yasir Al-Rumayan in Saudi Arabia in January, and was accompanied by SSG representatives. admitted. In January, SSG invested $1.5 billion in PGA Tour Enterprises, through which the future of the sport will be shaped.
“While there are still some important issues to resolve, there is a shared vision to quiet the noise and unlock golf’s global potential,” Monaghan said of the “accelerated” discussions. “It’s going to take time, but I repeat what I said at the Tour Championship in August. I see a positive outcome for the PGA Tour and the sport as a whole. Most importantly, our great I think it’s a positive outcome for the fans.”
Golfweek’s Eamon Lynch contributed to this article.
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