The last meeting to join LIV Golf and the PGA Tour is before the end of the year. Tiger Woods would feel more confident as a player director if the meeting went well.
Tiger Woods will be able to say if LIV Golf rebels can play in PGA Tour events if the breakaway league and the tour can come to a business deal before the end of the year.
When the Framework Agreement was announced out of the blue this summer, Woods, 47, was named as a player director on the tour’s policy board. This change was called “player-driven” by the PGA Tour at the time.
He joined Charley Hoffman, Patrick Cantlay, Peter Malnati, Jordan Spieth, and Webb Simpson as a player-director. There are now more player-directors on the board than independent directors. These six people can see and approve any changes that might be made as a result of the merger talks.
Such changes could include parts that let LIV players play in PGA Tour games. But time is running out because they set a limit for themselves for New Year’s Eve and are said to have a meeting on that day.
Recently, Jay Monahan, the commissioner of the PGA Tour, said that date was a “firm target” for a merger to happen. Since then, Woods has said the same thing again. “As of now, December 31 is our clock and our due date. “That’s still the same,” he said last week.
“We’re trying to get a deal done with all of the different entities that we have going on here.” After that, he talked about Strategic Sports Group’s participation. The PGA Tour is in talks with them about becoming a co-investor.
In the past few weeks and months, Woods has spoken out more and more about the merger process.
“Now SSG is involved,” Woods said. “They obviously have a lot of equity and a lot of name investors that have the same alignment that we have, and we are all heading in the right direction,” said Woods.
At the end of November, he seemed less sure that something would happen this year: “I’m pleased to add the process and frustrated in some of the slowness and governance change that we want to happen.”December 31 is coming up soon. There is a schedule of when we’d like to make some of these changes, but they haven’t happened yet. Everyone is at the table and working hard to reach an agreement. The process is being worked on to make it better. Putting government into action.
