Report: US Justice Department To Review PGA Tour-LIV Golf Merger Plans
Reports state that antitrust concerns will be reviewed surrounding the shock merger plans between the PGA Tour and LIV Golf
The blockbuster merger between the PGA Tour and LIV Golf is reportedly being reviewed by the US Justice Department amid concerns about the validity of the move.
After a year of arguing and lawsuits flying around between them, the two factions shocked the world by announcing they were joining forces.
PGA Tour chief Jay Monahan appeared alongside Saudi Public Investment Fund (PIF) boss Yasir Al-Rumayyan to announce the deal on American TV - revealing they would be forming a new for-profit LLC.
However, news of this stunning and unlikely coming together has raised antitrust concerns and will be looked into by the authorities.
The US Justice Department is already investigating the PGA Tour and their fight with LIV Golf as part of legal proceedings that will now be ended by the new deal.
But now, Bloomberg is reporting that the Justice Department will also now review this most incredible turn of events to see if the move can actually proceed.
Monahan has already had a difficult time in the immediate aftermath of the announcement - facing around 80 angry PGA Tour players at a meeting ahead of the Canadian Open.
Get the top Black Friday deals right in your inbox: Sign up now!
The hottest deals and product recommendations during deals season straight to your inbox plus all the best game-changing tips, in-depth features and the latest news and insights around the game.
Some PGA Tour players called for Monahan to resign over the proposal, which they see as some huge backtracking from his previous comments.
Player who turned down millions from LIV Golf to stay loyal to the PGA Tour also feel betrayed by the move, with still plenty of question to be answered about where golf will go from here.
BREAKING: According to Bloomberg News the US Justice Department will review the LIV Golf - PGA Tour merger deal pic.twitter.com/u3X9E8tSVuJune 7, 2023
The deal will see the PIF pump money into the new joint golfing entity, with the PGA Tour continuing but likely with the Saudi venture as a prominent sponsor.
Al-Rumayyan will be chairman of the as-yet unnamed company, with Monahan being installed as the chief executive officer.
It's unsure just what role LIV Golf will play in golf's new future, with Monahan himself set to undergo a thorough review of it and how team golf can be used to benefit the PGA Tour.
One of the main drivers behind the two sides coming together was to put an end to all the legal proceedings that have been ongoing for a year as the fought it out for the future of golf.
It now seems, however, that legal matters may now intervene in their plans to come together as one - and the US Justice Department may yet have the final say on whether this merger can even go ahead.
Paul Higham is a sports journalist with over 20 years of experience in covering most major sporting events for both Sky Sports and BBC Sport. He is currently freelance and covers the golf majors on the BBC Sport website. Highlights over the years include covering that epic Monday finish in the Ryder Cup at Celtic Manor and watching Rory McIlroy produce one of the most dominant Major wins at the 2011 US Open at Congressional. He also writes betting previews and still feels strangely proud of backing Danny Willett when he won the Masters in 2016 - Willett also praised his putting stroke during a media event before the Open at Hoylake. Favourite interviews he's conducted have been with McIlroy, Paul McGinley, Thomas Bjorn, Rickie Fowler and the enigma that is Victor Dubuisson. A big fan of watching any golf from any tour, sadly he spends more time writing about golf than playing these days with two young children, and as a big fair weather golfer claims playing in shorts is worth at least five shots. Being from Liverpool he loves the likes of Hoylake, Birkdale and the stretch of tracks along England's Golf Coast, but would say his favourite courses played are Kingsbarns and Portrush.
-
Graham DeLaet Facts: 20 Things To Know About The PGA Tour Pro Turned Broadcaster
Graham DeLaet had a successful career in the game, but after injuries took a toll, he has stepped into a broadcasting role in recent years - here are 20 facts about him
By Mike Hall Published
-
Arron Oberholser Facts: 15 Things To Know About The PGA Tour-Winning Golf Channel Broadcaster
Arron Oberholser left his PGA Tour career behind to take up life as a Golf Channel broadcaster in 2013 – here are 15 things to know about him
By Mike Hall Published
-
Odyssey Golf And YouTube Stars Good Good Collaborate With New Putters
The YouTube group signed a deal with Callaway at the start of 2023 and will release their second limited-edition product together
By Ben Fleming Published
-
Seven-Handicap YouTube Star Defies Odds To Complete Hole-In-One Challenge
YouTube star and CEO of gaming organisation 100 Thieves 'Nadeshot' achieved the feat in little over an hour having rented out a course to put his skills to the test
By Ben Fleming Published
-
Who Are The No Laying Up Members?
Get to know the characters behind the hugely successful golf content creation company
By Ben Fleming Published
-
ESPN Agrees Deal To Broadcast First Season Of TGL
The new goal league, launched by Rory McIlroy and Tiger Woods, is due to start in January 2024
By Ben Fleming Published
-
Robert MacIntyre Hints At PGA Tour Switch After Ryder Cup Success
The Scotsman admitted that he may have to make the move to America if he's to achieve all of his goals within the game
By Ben Fleming Published
-
Honorary European Ryan Fox 'Chuffed' By Europe's Ryder Cup Victory
The New Zealander admitted he was no neutral observer and was pulling for Luke Donald's side last week at Marco Simone
By Ben Fleming Published
-
Max Homa Commits To Debut Appearance In DP World Tour Event
The American will tee it up in the iconic tournament for the first time and will be joined in the field by compatriot Justin Thomas
By Ben Fleming Published
-
European Ryder Cup Heroes To Make Immediate Return At Dunhill Links Championship
Three of Luke Donald's side are set to return from Italy and tee it up in Scotland later this week
By James Nursey Published