The former rivals have until 31 December to reach an agreement and Monahan said both sides are working with ‘intensity and urgency’ to ensure the deadline is met
Jay Monahan, the commissioner of the, remains adamant a deal will be completed between his organisation and Saudi Arabia’s Public Investment Fund despite a backdrop of scepticism. Monahan revealed an “intensity and urgency” to talks as the 31 December deadline to turn a framework agreement into binding contracts draws closer.that the PGA Tour, DP World Tour and PIF will align under a new commercial entity stunned the sport.
“If we were going to end the litigation, we would have just announced that we were ending the litigation. If you saw the amount of conversation and the time that the PGA Tour, DP World Tour and PIF are spending working forward from a framework to a definitive, I think would you see the sincerity of the efforts there. There’s an intensity and there’s an urgency and there’s a lot of work, good work, that’s being done.
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