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re: PGA Tour to merge with LIV Golf

Posted on 6/6/23 at 2:25 pm to
Posted by WDE24
Member since Oct 2010
54836 posts
Posted on 6/6/23 at 2:25 pm to
quote:

Did the PIF agree to partner with the PGA, invest billions
What it always wanted.

quote:

give board majority to the PGA?
how easily was monohan purchased? You think pga board majority means much?

You are just too stubborn to acknowledge the obvious. Is ok, everyone else sees you and monohan pretty clearly today.
Posted by BBONDS25
Member since Mar 2008
56584 posts
Posted on 6/6/23 at 2:25 pm to
I’ll give you that one.
Posted by BBONDS25
Member since Mar 2008
56584 posts
Posted on 6/6/23 at 2:28 pm to
quote:

Jay went up against a competitor that dwarfed him in funds, and turned them into a partner and himself into CEO.


This is some world class spin. Good on you. In reality, Jay mocked his own players for suggesting there could be a few golf tournaments that the pga didn’t 100% own. Now there isn’t a single golf tournament the pga 100% owns. Well done, Jay.
Posted by lsupride87
Member since Dec 2007
108188 posts
Posted on 6/6/23 at 2:31 pm to
quote:

What it always wanted.
And the PGA is still in control of Golf without any competitor anymore and they have more money than ever before

It’s simple. The saudis and PGA tour both win
Posted by lsupride87
Member since Dec 2007
108188 posts
Posted on 6/6/23 at 2:32 pm to
quote:

This is some world class spin. Good on you. In reality, Jay mocked his own players for suggesting there could be a few golf tournaments that the pga didn’t 100% own. Now there isn’t a single golf tournament the pga 100% owns. Well done, Jay
And who is CEO of that new company? And what management controls the board?

Jay and the PGA tour won. Never said the players won, friend
Posted by OchoDedos
Republic of Texas
Member since Oct 2014
39257 posts
Posted on 6/6/23 at 2:32 pm to
quote:

LIv wasn’t working, and it never was going to work.


Worked well enough to co-opt the PGA and DP World Tour
Posted by boosiebadazz
Member since Feb 2008
84402 posts
Posted on 6/6/23 at 2:35 pm to
I just remember Monihan upheld the fine when Rory missed that tournament after the Masters. Think it cost him $3 million. Loyalty is a one-way street apparently.

Real chance Rory throws a punch at Jay the next time they see each other.
This post was edited on 6/6/23 at 2:47 pm
Posted by iwyLSUiwy
I'm your huckleberry
Member since Apr 2008
40613 posts
Posted on 6/6/23 at 2:36 pm to
quote:

Sp what’s different about your employees and Jay moving forward?


Well for one, I’m not a billionaire with the power to tell someone what exactly he needs to say. My $30 an hour carpenter can see an issue on a job and fix it without asking me. To say that every single person on the planet is in the exact same position as Saudi billionaire and a golf CEO is one of the dumbest takes I’ve ever heard on TD, and that’s saying something.
Posted by SingleMalt1973
Member since Feb 2022
22197 posts
Posted on 6/6/23 at 2:36 pm to
Saudis…..




Jay Monaghan…..

Posted by lsupride87
Member since Dec 2007
108188 posts
Posted on 6/6/23 at 2:37 pm to
If jay is a puppet simply because someone is paying him, then every employee on the planet is a puppet

Tell me, if not Jay, hi is the Saudi’s person that is going to be running the golf?
This post was edited on 6/6/23 at 2:38 pm
Posted by OchoDedos
Republic of Texas
Member since Oct 2014
39257 posts
Posted on 6/6/23 at 2:39 pm to
Those mandated elevated tournaments were Rory and Tigers doing to keep the crybabies in line. Then Rory skips out. That's dedication.
Posted by massiveattack
CharLIT/Chapel Chill
Member since Oct 2010
11582 posts
Posted on 6/6/23 at 2:39 pm to
Recent tweet from Alan Shipnuck, who is writing a book on PGA vs LIV on who he thinks came out on top after someone tried to spin that Jay Monahan won the day.

quote:

I disagree. His Excellency is the chairman of this new thing, which makes him Monahan's boss. LIV now gets access to network TV and Tour sponsors. The LIV players keep the upfront money and their franchises just became much more valuable. Monahan is merely head bureaucrat.


No one in the world more qualified to answer that question
This post was edited on 6/6/23 at 2:41 pm
Posted by LNCHBOX
70448
Member since Jun 2009
88607 posts
Posted on 6/6/23 at 2:42 pm to
quote:

Jay gained MORE POWER today. Agreed?


No. I'm curious how you know the ins and outs of this deal already though.
Posted by The Pirate King
Pangu
Member since May 2014
64976 posts
Posted on 6/6/23 at 2:43 pm to
quote:

PGA is still in control of Golf


Wrong
Posted by LNCHBOX
70448
Member since Jun 2009
88607 posts
Posted on 6/6/23 at 2:44 pm to
quote:

Jay and the PGA tour won


That's certainly a take.
Posted by lsupride87
Member since Dec 2007
108188 posts
Posted on 6/6/23 at 2:44 pm to
Nobody knows the ins and outs but everyone is acting like they do. Kinda what we do here boss
Posted by shel311
McKinney, Texas
Member since Aug 2004
112623 posts
Posted on 6/6/23 at 2:47 pm to
quote:

You trying to spin today as an L for LIV to avoid admitting you were wrong has you doing circles.

Did Jay have to keep the Saudi money happy before or nah? Seems very clear the power dynamic has shifted and Jay is just answering to a different handler.
Nah, I think it's a very rare scenario where Jay and the PGA did take a huge L just in terms of optics, but ultimately, Jay is coming out out of the bottom of this in a better situation.
Posted by OchoDedos
Republic of Texas
Member since Oct 2014
39257 posts
Posted on 6/6/23 at 2:47 pm to
quote:

the PGA is still in control of Golf

The USGA and the R&A control golf.

The PGA, DP TOUR, and LIV was a pissing contest between sanctioning bodies.

In the long term nothing really changes. Mergers are everyday business happenings.
Posted by thelawnwranglers
Member since Sep 2007
41955 posts
Posted on 6/6/23 at 2:48 pm to
So LIV players get massive contracts and pga tour?
Posted by The Pirate King
Pangu
Member since May 2014
64976 posts
Posted on 6/6/23 at 2:51 pm to
quote:

Nobody knows the ins and outs but everyone is acting like they do.


It’s been confirmed that LIV is investing billions into the new golf tour and that the PIF governor is the chairman of the new board.

The Saudis will control the new PGA LIV conglomerate.
This post was edited on 6/6/23 at 2:52 pm
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