In explaining his decision, Monahan said: “This, ultimately, is a decision that I think is in the best interest of all of the members of the PGA Tour, puts us in a position of control, allows us to partner with the PIF in a constructive and productive way, to have them invest with us, again, running the PGA Tour, having these three entities under one for-profit LLC,” he said.
“Any time I’ve said anything I’ve said it with the information I had at that moment, and I said it based on someone that’s trying to compete for the PGA Tour and our players. “I recognize that people are going to call me a hypocrite,” the 53-year-old said. Monahan had previously said anyone who joined LIV would not be welcome back on the PGA Tour. He estimated that 90% were against the merger. Johnson Wagner, a three-time PGA Tour winner, was present in the players’ meeting in Toronto after the news broke and told The Golf Channel that some members called for Monahan’s resignation. Trust is now at an all-time low, and the majority of players have directed their anger toward Monahan. “Nothing like finding out through Twitter that we’re merging with a tour that we said we’d never do that with,” tweeted Mackenzie Hughes. It smacks of hypocrisy, of succumbing to a sportswashing operation, when he has spent the last two years asking everyone else to ignore the riches on offer. The consensus among players is that Monahan has cheapened his character by selling out to the Saudis. Has this made Jay Monahan’s position as PGA Tour CEO untenable? “I hate LIV, I still hate LIV – I hope it goes away and fully expect that it does.” However, McIlroy was keen to stress that this isn’t a merger with LIV, instead referring to it as a merger between the PGA Tour, DP World Tour and PIF. At least now you can control how the money is spent.” Whether you like it or not, the PIF were going to keep spending in golf. “Technically anyone involved with LIV now would now answer to Jay. It unifies it and secures its future,” he said at the RBC Canadian Open.
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He added: “When I try to remove myself from the situation and I look at the bigger picture, I think ultimately this is going to be good for the game of professional golf. In his press conference at the Canadian Open, he admitted he felt like a sacrificial lamb, though when asked if he still had confidence in Monahan, McIlroy replied, “I do.” Having spent much of the past year acting as a spokesman for the PGA Tour, speaking out against LIV and its backers, McIlroy has every right to feel hurt and let down. How does Rory McIlroy feel about the U-turn?
The notion that the Saudi Sovereign Wealth Fund would pay zero dollars in taxes on their blood money and potentially billions of dollars in profits while countless American families pay their fair share while struggling to make ends meet is ludicrous.” “PGA Tour Commissioner Jay Monahan should be ashamed of the blatant hypocrisy and about-face he and the rest of PGA’s leadership demonstrated. In a statement, Republican Garamendi said: “Saudi Arabia cannot be allowed to sportswash its government’s horrific human rights abuses and the 2018 murder of American-based journalist Jamal Khashoggi by taking over the PGA. A day after the news broke, Congressman John Garmendi proposed a No Corporate Tax Exemption for Professional Sports Act to end the tax loophole that the PGA Tour currently exploits. There are still a lot of unknowns, including the possibility that the PGA Tour could have its controversial tax-exempt status revoked. The US Department of Justice (DOJ) is already conducting an investigation into the PGA Tour, as well as the USGA and Augusta National, for anti-competitive practices and is in the process of reviewing the proposed terms of the deal. First, the deal needs to be voted through by the PGA Tour’s policy board, which includes five players and five independent directors, and then they’ve got to hope the agreement isn’t blocked by UK, US and EU antitrust regulators. The ‘framework agreement’ hasn’t been ratified yet and there are still a number of hurdles they need to jump through. So the deal is definitely happening then?
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