Greg Norman shares Saudi leadership’s continued commitment to the future of LIV Golf
Greg Norman shares Saudi leadership’s continued commitment to the future of LIV Golf
LIV Golf CEO Greg Norman remains optimistic about the long-term future of the Saudi-backed league amid merger talks between the Public Investment Fund (PIF) and the PGA Tour.
Greg Norman says LIV he has no doubts about his future in golf.
Despite ongoing negotiations between the PGA Tour and Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), Greg Norman is adamant that LIV Golf will remain.
Norman, 69, says it was an order from his boss, PIF governor Yasser al-Rumayyan. The Saudi businessman met and held talks with PGA Tour commissioner Jay Monahan and the tour’s player directors as recently as mid-March.
These discussions continue to mark his one-year anniversary of the Framework Agreement between the DP World Tour, PGA Tour and the PIF Approach. This is despite the end of last year being the deadline for a final agreement to be approved and signed before it is extended until 2024.
Norman is not involved in these discussions, but due to his working relationship with Al Rumayan, he was asked about the situation at this week’s LIV Golf Singapore, where Brooks Koepka won the individual championship. “I’m just going to respond as CEO of LIV,” he told Bloomberg. “My boss told me LIV wasn’t going anywhere. He will certainly work even after death. Now he is a young man (Al Rumayan turned 54 in February). “So he asked me to focus and introduce LIV. LIV is a separate entity. He invested billions of dollars into this project. And we’re starting to think this is his ROI (return on investment) creation. So I’m going to focus here. »