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The PGA round fell to the latest investment proposal of $ 1.5 billion: reports

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PGA Tour X PIF Merger has one of the largest updates, but it is not positive. The tour has just rejected the last proposal from the main investment fund, which reached a total of $ 1.5 billion.

Each report has EspnThe tour wanted to be a single circle of men’s professional golf. PIF wants to be two, and it seems that the essence of the issue faced by the two sides now.

PIF wanted to keep LIV Golf as a tour, but the PGA tour wanted to carry the future only one round of men’s golf players. They want Scoti Chefler, Praison DeschamboJohn Ram, and Rarah McLeroi in one place.

Currently, the talks appear to have fully returned to the first box based on these basic issues. The two sides are still negotiating, but they do not agree on whether or not the PGA tour should be one round.

Previous reports conducted by ESPN said that the tour looked at LIV GOLF in its current form “Nunstarter”, which may have played a role in the reason for the passage of nearly two years since they initially agreed to an agreement.

What Jay Monohan said about the merger of Pga Tour X PIF

In light of the recent development, it seems that Jay Monhman’s comments last month in the players championship had a hidden meaning. At that time, the tour just met with PIF and the President of the United States at the White House.

Jay Monohn addressed the merger last month (image via imagn)Jay Monohn addressed the merger last month (image via imagn)
Jay Monohn addressed the merger last month (image via imagn)

Monohn said two weeks ago, Via ESPN:

“We will not do it in a way that reduces the strength of our platform or very real momentum with our fans and partners. So, while we removed some obstacles, others are still. But like our fans, we still share the same sense of urgency to reach a solution.”

PGA has grown in recent months. Categories are turning back, and some stars in Tour had a good start for this year. LIV GOLF, at the same time, does not work in the classification section.

Monohn insisted on partnership with PIF in a way that does not rob its power, which now looks like a comment on Liv Golf continues to exist. Either way, the two sides must now return to the drawing board, but it does not seem to be close accurate.