Antitrust law firm for 21 PGA Golfers issues letter to PGA Tour with concerns

The PGA Policy Board received a letter from Anti-trust heavyweight law firm Susman Godfrey LLP with concerns the PGA Tour has made decisions that materially impact their clients due to undisclosed conflicts of interest by the PGA Tour Policy Board. The 21 PGA golfers are all mid-tier Pros. Turning down the PIF's $1 billion dollar equalization pool offer to PGA players was probably not the smartest of ideas.

ESPN: Golfers seek transparency on PIF deals

A law firm representing 21 PGA Tour players, including former Masters champion Danny Willett, sent a letter to the PGA Tour's policy board Sunday, demanding transparency and a meeting with the board's independent directors to discuss potential deals with Saudi Arabia's Public Investment Fund and a U.S. equity group being led by Fenway Sports Group.

In the letter, attorney Jacob Buchdahl of Susman Godfrey LLC of New York, complained that most PGA Tour golfers had been "kept entirely in the dark" while the policy board negotiated a deal that might transform the tour in which the players are members.

"The board has recently received multiple bids by prospective capital partners that will potentially transform how the PGA Tour operates, who controls it, and who owns it," Buchdahl wrote. "All but a handful of PGA Tour players have been kept entirely in the dark about the prospective transaction, how it will impact them, and what conflicts of interest may impact the decision-makers."