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Jay Monahan updates PGA Tour, Saudi Arabia PIF discussions

March 13, 2024
in News
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Throughout his annual press convention forward of the 2024 Gamers Championship, Jay Monahan up to date the media on the present state of discussions with Saudi Arabia’s Public Funding Fund.

“As I’ve mentioned on a variety of events, you may’t negotiate a deal like this in public,” Monahan mentioned at TPC Sawgrass on Tuesday morning. “I lately met with the governor of the PIF, Yasir Al-Rumayyan, and our negotiations are accelerating as we spend time collectively.”

“Whereas we now have a number of key points that we nonetheless have to work via, we now have a shared imaginative and prescient to quiet the noise and unlock golf’s worldwide potential,” he continued. “It’s going to take time, however I reiterate what I mentioned on the Tour Championship in August. I see a constructive final result for the PGA Tour and the game as a complete. Most significantly, I see a constructive final result for our nice followers.”

Monahan mentioned he went to Saudi Arabia in January with representatives from the Strategic Sports activities Group to fulfill with Al-Rumayyan and the PIF.

“That’s why we proceed to have productive discussions. There’s a mutual respect there that I believe is useful in direction of in the end getting a deal completed,” Monahan added. “And I believe it’s that degree of debate that has helped speed up the conversations.”

Monahan mentioned he appreciated the questions with regards to the PIF discussions however avoided answering specifics about crew golf or whether or not or not gamers who left for LIV Golf could be welcomed again to the Tour.

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