PONTE VEDRA BEACH, Fla. – Nine months after entering into a controversial “framework agreement” with what was previously viewed as the enemy, PGA Tour commissioner Jay Monahan said Tuesday that negotiations with the Private Investment Fund of Saudi Arabia are “accelerating” and that he sees a “positive outcome,” given more time.
Monahan, speaking during a news conference in advance of the Players Championship at TPC Sawgrass, said that he met recently with Yasir Al-Rumayyan, the governor of the PIF and the director of the LIV Golf League and “our negotiations are accelerating as we spend time together. While we have several key issues that we still need to work through, we have a shared vision to quiet the noise and unlock golf's worldwide potential.
“It's going to take time, but I reiterate what I said at the Tour Championship in August. I see a positive outcome for the PGA Tour and the sport as a whole.”
