May 24, 2024

John W. Henry, the owner of Liverpool, is said to have paid Newcastle United chairman Yasir Al-Rumayyan a visit after Fenway Sports Group left the PIF Governor “furious.”

It was reported in June 2023 that the PGA Tour and Saudi Arabia’s Public Investment Fund’s LIV will unite, ending the rivalry and poaching that had developed since the latter’s founding.

However, the two have not stopped talking since, going over the original deadline of December 31 for the framework agreement.

However, a group of American sports owners, including the owners of Liverpool, Fenway Sports Group, have decided to invest $3 billion (£2.4 billion) in the PGA Tour to establish PGA Tour Enterprises. This agreement is believed to have destroyed PIF’s ambitions. Al-Rumayyan is rumored to have been incensed by the purchase.

It is currently being reported that John W. Henry, who has controlled Liverpool since 2010, traveled to Saudi Arabia to have a face-to-face meeting with the chairman of Newcastle United and PGA Tour commissioner Jay Monahan. The Sports Business Journal reports that talks regarding the potential merger occurred, indicating that a LIV-PGA transaction remains viable in spite of FSG’s acquisition.

FSG’s funding will lessen PIF’s participation in the new PGA Tour, notwithstanding discussions. Al-Rumayyan was supposed to serve as chairman of the merger; but, should an agreement be reached, his responsibilities might be reduced.

However, there is no assurance that the PGA Tour and the owners of Newcastle United would reach an agreement, thereby prolonging the “civil war” in golf. The current Masters winner Jon Rahm was recently taken by PIF in a rumored £450 million deal.

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