Explainer-Hole in one: How PGA Tour and LIV Golf's merger is set up


  • Golf
  • Thursday, 08 Jun 2023

FILE PHOTO: Golf - The inaugural LIV Golf Invitational - Centurion Club, Hemel Hempstead, St Albans, Britain - June 10, 2022 England's Sam Horsfield of the Majesticks team in action during the second round REUTERS/Paul Childs/File Photo

(Reuters) - The combination of the PGA Tour and rival LIV circuit is the world's oddest merger, involving a nonprofit, Saudi Arabia's sovereign wealth fund and a deal contract that has no agreed price. Here is how it will work, according to people familiar with the details.

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