Golf: PGA Tour and Saudi-backed LIV announce shock merger

In a shock merger, the PGA Tour has agreed to join forces with LIV Golf. Together with DP World Tour, the three are set to form a yet-unnamed commercial entity, sparking fierce debate over the future of the sport. Newcomer LIV Golf is bankrolled by Saudi Arabia's sovereign wealth fund. It poached some of the world's best players for tens of millions of dollars. In response, PGA banned golfers who joined LIV, while DP World Tour dished out heavy fines. There were antitrust lawsuits and counter-suits. This agreement will put an end to all pending cases. Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service on Telegram: https://cna.asia/telegram Follow us: CNA: https://cna.asia CNA Lifestyle: http://www.cnalifestyle.com Facebook:   / channelnewsasia   Instagram:   / channelnewsasia   Twitter:   / channelnewsasia   TikTok:   / channelnewsasia