I don’t foresee a merger. Greg Norman would have to go, which the Saudis could do in a New York minute. But the two models are so different that I can’t see any sort of agreement.
The PGA has the upper hand as of now, but that could change if the Saudi’s get a TV deal. The Saudi’s can outspend the PGA, but without exposure it’s doomed to fail by normal means.
But again, if the Saudi’s just want to throw away money then they can hang around for as long as they want.