Keegans Export Posted June 6, 2023 Share Posted June 6, 2023 https://www.cnbc.com/2023/06/06/pga-tour-agrees-to-merge-with-saudi-backed-rival-liv-golf.html Link to post Share on other sites More sharing options...
timeEd32 Posted June 6, 2023 Share Posted June 6, 2023 Quote In addition, PIF will make a capital investment into the new entity to facilitate its growth and success. ... PIF will initially be the exclusive investor in the new entity, alongside the PGA TOUR, LIV Golf and the DP World Tour. Going forward, PIF will have the exclusive right to further invest in the new entity, including a right of first refusal on any capital that may be invested in the new entity, including into the PGA TOUR, LIV Golf and DP World Tour. ... The Board of Directors of the new commercial entity will include Al-Rumayyan as Chairman Link to post Share on other sites More sharing options...
Joseph Posted June 6, 2023 Share Posted June 6, 2023 (edited) In a selfish/morally perverted sort of way, this is good for us. Especially Al-Rumayyan being fucking Chairman lmao Edited June 6, 2023 by Joseph Link to post Share on other sites More sharing options...
Disco Posted June 6, 2023 Share Posted June 6, 2023 Sad to see the club's image being tarnished and stained by golf. A truely dark day. Link to post Share on other sites More sharing options...
Decky Posted June 6, 2023 Share Posted June 6, 2023 So we own golf now do we? Link to post Share on other sites More sharing options...
TBG Posted June 6, 2023 Share Posted June 6, 2023 Newcastle United Golf Club to sign Tom Watson on loan? Link to post Share on other sites More sharing options...
Sima Posted June 6, 2023 Share Posted June 6, 2023 "Own Golf? I'm afraid that's impossible, sir." "I beg to differ, PIF achieved that feat no more than an hour ago" Link to post Share on other sites More sharing options...
timeEd32 Posted June 6, 2023 Share Posted June 6, 2023 I think more than anything it adds legitimacy to PIF in the world of sport. Link to post Share on other sites More sharing options...
Geordie Ahmed Posted June 6, 2023 Share Posted June 6, 2023 Another thing for Mackems to boycott Link to post Share on other sites More sharing options...
healthyaddiction Posted June 6, 2023 Share Posted June 6, 2023 I'm going to make a 20 post twitter thread spouting shite about the benefits of this deal to nufc. Link to post Share on other sites More sharing options...
Keegans Export Posted June 6, 2023 Share Posted June 6, 2023 24 minutes ago, timeEd32 said: In addition, PIF will make a capital investment into the new entity to facilitate its growth and success. PIF will initially be the exclusive investor in the new entity, alongside the PGA TOUR, LIV Golf and the DP World Tour. Going forward, PIF will have the exclusive right to further invest in the new entity, including a right of first refusal on any capital that may be invested in the new entity, including into the PGA TOUR, LIV Golf and DP World Tour. The Board of Directors of the new commercial entity will include Al-Rumayyan as Chairman They've basically taken over the PGA Tour and dressed it up as a "merger" Link to post Share on other sites More sharing options...
jack j Posted June 6, 2023 Share Posted June 6, 2023 What about the likes of Mcilroy who was very vocal against Saudi and human rights Gonna be a tough one for his morality this. Expecting there will be a few trying to form a breakaway tour, the ones who were very anti this last year Link to post Share on other sites More sharing options...
SteV Posted June 6, 2023 Share Posted June 6, 2023 1 minute ago, jack j said: What about the likes of Mcilroy who was very vocal against Saudi and human rights Gonna be a tough one for his morality this. Expecting there will be a few trying to form a breakaway tour, the ones who were very anti this last year Or they’ll just quietly get into line and say fuck all… Link to post Share on other sites More sharing options...
El Prontonise Posted June 6, 2023 Share Posted June 6, 2023 (edited) 2 minutes ago, jack j said: What about the likes of Mcilroy who was very vocal against Saudi and human rights Gonna be a tough one for his morality this. Expecting there will be a few trying to form a breakaway tour, the ones who were very anti this last year McIlroy said nothing about Saudi human rights, he's actually defended people playing in Saudi Arabia if you did a quick search. His problem was the liv tour and those trying to play on both tours. Edited June 6, 2023 by El Prontonise Link to post Share on other sites More sharing options...
timeEd32 Posted June 6, 2023 Share Posted June 6, 2023 Apparently the PGA Tour players knew nothing about this. A shock to all. Here's our chairman on US TV: https://twitter.com/KylePorterCBS/status/1666092974944710658 Link to post Share on other sites More sharing options...
jack j Posted June 6, 2023 Share Posted June 6, 2023 1 minute ago, El Prontonise said: McIlroy said nothing about Saudi human rights, he's actually defended people playing in Saudi Arabia if you did a quick search. Link to post Share on other sites More sharing options...
El Prontonise Posted June 6, 2023 Share Posted June 6, 2023 (edited) Just now, jack j said: Fair enough, he also defended people playing there which is a contradiction. Edited June 6, 2023 by El Prontonise Link to post Share on other sites More sharing options...
jack j Posted June 6, 2023 Share Posted June 6, 2023 Just now, El Prontonise said: Fair enough, he also defended people playing there. There's a few articles saying his stance was softening in recent months Maybes he knew what was on the horizon. Still going to be difficult for those who spoke so vocally about it now to be ran by the very same people Link to post Share on other sites More sharing options...
El Prontonise Posted June 6, 2023 Share Posted June 6, 2023 (edited) 2 minutes ago, jack j said: There's a few articles saying his stance was softening in recent months Maybes he knew what was on the horizon. Still going to be difficult for those who spoke so vocally about it now to be ran by the very same people https://www.google.com/amp/s/amp.theguardian.com/sport/2021/dec/01/rory-mcilroy-defends-players-rights-to-compete-in-saudi-international I think the tours are staying the same by the wording, it's the commercial aspects that is being merged but it'll be 1 big company. Edited June 6, 2023 by El Prontonise Link to post Share on other sites More sharing options...
jack j Posted June 6, 2023 Share Posted June 6, 2023 A lot of them turned down mega bucks to now have been bought off by the same people Surely they're gonna feel like they've been sold down the river..could lead to a breakaway tour for these players? Obviously the money is going to be far far less. So will be interesting to see if their morals hold up After all... Link to post Share on other sites More sharing options...
Stifler Posted June 6, 2023 Share Posted June 6, 2023 1 hour ago, timeEd32 said: Holy shit, LIV merging with the PGA Tour. It was always going to happen, the PGA just thought that they could claim ownership of Golf and keep them at bay. Link to post Share on other sites More sharing options...
Tiresias Posted June 6, 2023 Share Posted June 6, 2023 Like out takeover eventually the money washes away objections generally Link to post Share on other sites More sharing options...
Joseph Posted June 6, 2023 Share Posted June 6, 2023 https://twitter.com/riathalsam/status/1666096033456328713?s=46&t=I96ScBhtVGMPCHIScbAQdw Link to post Share on other sites More sharing options...
timeEd32 Posted June 6, 2023 Share Posted June 6, 2023 22 minutes ago, Stifler said: It was always going to happen, the PGA just thought that they could claim ownership of Golf and keep them at bay. Not sure how you can say it was always going to happen when the entire golf world is stunned at the news. Link to post Share on other sites More sharing options...
Stifler Posted June 6, 2023 Share Posted June 6, 2023 6 minutes ago, timeEd32 said: Not sure how you can say it was always going to happen when the entire golf world is stunned at the news. They are only stunned because they had the ignorant belief that they were rich enough not to be threatened. Link to post Share on other sites More sharing options...
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