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re: Sure seems like a lot of LIV celebrations and pissed off PGA posters...

Posted on 6/6/23 at 4:30 pm to
Posted by lsupride87
Member since Dec 2007
95938 posts
Posted on 6/6/23 at 4:30 pm to
quote:

Having a first right of refusal for funding doesn't mean you control the business. I have investors in my business that have ROFR rights for future funding. They don't control my business. Know who does? The guy who controls the board votes.
This isn’t difficult. The PGA tour is in control

Now, they have no reason to go against the PIF since the PIF was so much money, but ultimately, the PGA tour has the votes so they have the ultimate control
Posted by barry
Location, Location, Location
Member since Aug 2006
50369 posts
Posted on 6/6/23 at 4:32 pm to
quote:

This isn’t difficult. The PGA tour is in control


Tell that to these LIV knuckleheads.
Posted by SoFla Tideroller
South Florida
Member since Apr 2010
30279 posts
Posted on 6/6/23 at 4:35 pm to
quote:

Cool, businessman, what does this have to do with board control?


It means the people writing the checks are in charge.
Posted by barry
Location, Location, Location
Member since Aug 2006
50369 posts
Posted on 6/6/23 at 4:44 pm to
quote:

It means the people writing the checks are in charge.


It's like im talking to a bunch of people who watched succession and now think they understand how business works.

People doing the financing can be a pain in your arse, but that doesn't mean that run things.
Posted by lsupride87
Member since Dec 2007
95938 posts
Posted on 6/6/23 at 4:52 pm to
quote:

It's like im talking to a bunch of people who watched succession and now think they understand how business works.
It isn’t that. They just really really want it to be so. They are trying to wish it into existence
Posted by TheLSUriot
Clear Lake, TX
Member since Oct 2007
1507 posts
Posted on 6/6/23 at 5:20 pm to
quote:

They just really really want it to be so. They are trying to wish it into existence
That was you in the other thread when you wouldn't take the L. It was quite sad to watch unfold.
Posted by Jameson2954
Member since Mar 2022
661 posts
Posted on 6/6/23 at 5:31 pm to
Phil won.
Posted by CoachChappy
Member since May 2013
32599 posts
Posted on 6/6/23 at 5:33 pm to
quote:

They just got handed over to Jay Monahan who is gonna call the shots.

you think they’re going to let Jay Monahan call shots? No, he will be a puppet for them as long as they need him.
Posted by BuyloSellhi
The South
Member since May 2017
618 posts
Posted on 6/6/23 at 5:40 pm to
Jay has seemed a little over his skis on this from day one.

Can't imagine he'll have much sway moving forward.
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