Renowned golfer Rory McIlroy has reacted after the merger between PGA TOUR, DP World Tour and the Public Investment Fund (PIF).
McIlroy said that the news came as a surprise for him since he didn’t expect this to happen so quickly.
"Whether you like it or not, the PIF are going to keep spending money in golf... at least the PGA Tour now controls how that money is spent,” McIlroy was quoted as saying by Sky News.
"One of the biggest sovereign wealth funds in the world, would you rather have them as a partner or an enemy? At the end of the day, money talks and you'd rather have them as a partner.
"I learned about it pretty much at the same time everyone else did.
"It was a surprise. I knew there had been discussions going on in the background. I knew lines of communication had been opened up.
"I obviously didn't expect it to happen as quickly as it did.
"I think, ultimately, when I try to remove myself from the situation and look at the bigger picture and 10 years down the line, I think this is going to be good for the game of professional golf. It unifies it and it secures its financial future.”
However, he was quick to add that he still isn’t a fan of LIV.
"I still hate LIV, like I hate LIV. I hope it goes away and I fully expect that it does,” he said.
"I think that's where the distinction here is, this is the PGA Tour, the DP World Tour, under PIF, very different from LIV.
"Going forward, I hope that there may be a team element. You're going to see maybe me, whoever else, play in some sort of team golf, but I don't think it'll look anything like LIV has looked. And I think that's a good thing."
It must be noted that the PGA TOUR, DP World Tour and the Public Investment Fund (PIF) have agreed to unify the game of golf, on a global basis.
According to an official press release issued by PGA, the parties signed an agreement that combines “PIF’s golf-related commercial businesses and rights (including LIV Golf) with the commercial businesses and rights of the PGA TOUR and DP World Tour into a new, collectively owned, for-profit entity to ensure that all stakeholders benefit from a model that delivers maximum excitement and competition among the game’s best players”.