https://www.si.com/golf/news/three-possible-outcomes-in-the-ongoing-pga-tour-liv-golf-talks#gid=ci02ced7292000240c&pid=1-an-agreement-is-reached
A few excerpts below.
“Whether or not an arrangement will be completed by the stated Dec. 31 deadline is simply a guess, although a good one is that it will not. Various industry sources have stated that the sides are not close.”
“Making matters more interesting is the PGA Tour’s talks with various private equity firms who the Tour says have shown considerable interest in investing in a new for-profit venture called PGA Tour Enterprises that—under the framework agreement—would bring together the PGA Tour, the DP World Tour and the Public Investment Fund of Saudi Arabia.”
The Agreement is Postponed with a New Deadline.
“This increasingly seems to be the way this will go. The deadline is now less than six weeks away and most are in agreement that this is a monumental task. So many different aspects need to be addressed that even if both sides were in full harmony on everything it would not guarantee all of this could done in short order.
The question then becomes how long is it extended? Three months? Six months? The longer it goes, the more difficult it becomes to have anything in place by 2025. And is that even the goal?”
