Tiger Woods insists he is “happy” with the progress being made in negotiations between the PGA Tour and the Saudi Arabia Public Investment Fund (PIF) as protracted talks over a merger deal continue.
Woods is at the forefront of negotiations with PIF, which bankrolls the breakaway LIV Golf. The 15-time major champion has dramatically cut back his playing commitments in recent years as mounting injuries take their toll, but he remains one of the sport’s most prominent influences after taking a seat on the PGA Tour Enterprises transaction committee, which also includes Rory McIlroy and Adam Scott and is thrashing out the terms of a deal with the Saudis.
A framework agreement was reached between the PGA Tour and the PIF 13 months ago to create a new for-profit entity, with hopes of reunifying the game after two years of division since LIV launched in 2022, poaching several of the PGA Tour’s top stars in the process. A deal would enable the world’s best players to compete against each other more often.