Fenway chairman confirms talks with PGA Tour as doubts grow about LIV Golf deal

Fenway Sports Group Chairman Tom Werner on Monday acknowledged that the corporate has held talks with the PGA Tour as the golf group’s framework settlement with Saudi-backed LIV Golf faces new doubts.

“We verify that we have had conversations,” Werner informed CNBC’s Scott Wapner throughout “Halftime Report.” He declined to remark additional.

Werner, who spoke alongside PGA Tour star Rory McIlroy, stated that the gamers “will determine the route the tour goes.”

There’s rising hypothesis that Fenway, which owns the MLB’s Boston Red Sox and soccer group Liverpool FC, might come by means of with a proposal that would high the Saudis’ bid. The PGA Tour-LIV Golf mixture was by no means finalized past a framework settlement. Veteran golf journalist Alan Shipnuck final week posted on X that Fenway Sports Group has put in a “monster bid to usurp the PIF.”

Monday’s interview with Werner and McIlroy got here days after a Endeavour Group Holdings government stated the PGA Tour turned down a strategic partnership with the corporate, which owns a majority stake in WWE and UFC mother or father TKO.

The PGA Tour-LIV deal was announced in June. It was a stunning growth that got here after months of bitter authorized feuding and lobbying. The settlement triggered its personal share of anger and criticism, triggering Senate hearings to analyze the deal. Critics claimed that the deal was a way for Saudi Arabia’s Public Investment Fund to achieve affect within the U.S. by means of sports activities investments. Saudi Crown Prince Muhammad bin Salman controls the PIF.

McIlroy had been outspoken in his disdain for LIV Golf, saying in July that if LIV Golf was “the final place to play golf on earth, I might retire.”

Speculation mounted that Mcllory’s efforts to launch the PGA Tour-blessed TGL golf league with Tiger Woods was a response to LIV Golf’s encroachment on the game. LIV lured PGA Tour gamers, like Phil Mickelson, to with deals worth hundreds of millions of dollars. Last month, Disney’s ESPN snagged the broadcast rights for TGL. Fenway backs McIlroy’s TGL group, Boston Common.

McIlroy sounded a friendlier notice Monday, when requested about the potential for a renewed rivalry between the PGA Tour and LIV Golf.

“I really feel like we have a fractured aggressive panorama proper now,” McIlroy informed CNBC. “But hopefully when that is all stated and carried out, I sincerely hope the PIF are concerned and we will convey the sport of golf again collectively.”

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