Tiger speaks on Rahm’s defection, PGA Tour-PIF deadline

ORLANDO, Fla. – Jon Rahm’s defection to LIV Golf final week actually wasn’t a shock to Tiger Woods. It additionally wasn’t a shock to anybody who’d been being attentive to social media, however that didn’t ease the blow for the15-time main champion.

“There’s been a number of speak through the years of sure gamers going [LIV Golf], and it was hypothesis till it occurred as a result of there’s been rumors of names going and never going, and whether or not they materialized or not,” Woods stated Saturday following a soggy spherical on the PNC Championship. “We assumed it was simply hypothesis till it occurred.”

As a member of the Tour’s coverage board, Woods is extra within the loop than most however he was pressured to digest the information final Thursday that the circuit had misplaced the world’s third-ranked participant and the reigning Masters champion. Particularly, Woods and the opposite members of the coverage board needed to account for Rahm’s soar to the breakaway league and the way it might influence the circuit’s ongoing negotiations with Saudi Arabia’s Public Funding Fund, which owns 93% of LIV Golf in accordance with court docket data.

“It has been actually a subject of dialog,” he stated. “We’re attempting to get a deal completed with all the totally different entities that we’ve got occurring right here. SSG has come into the combo now. However we nonetheless have till the thirty first.”

Final Sunday the coverage board knowledgeable its members in a memo that it had narrowed its negotiations with personal fairness to Strategic Sports activities Group (SSG), an funding group led by Fenway Sports activities Group. Negotiations with SSG have reached what one supply referred to as superior phases.

SSG is a consortium of U.S.-based skilled sports activities workforce traders and embrace Arthur Clean, the proprietor of the Atlanta Falcons and co-founder of The Dwelling Depot, and John Henry, the principal proprietor of Liverpool Soccer Membership and the Boston Pink Sox.

“[SSG] clearly have a number of fairness and a number of title traders which have the identical alignment that we’ve got, and we’re all not off course,” Woods stated from the Ritz-Carlton Golf Membership, the place he’s tied for 11th together with his son, Charlie, after a gap 64.

The memo despatched to Tour gamers final Sunday additionally stated the circuit “anticipates advancing our negotiations with PIF within the weeks to return.”

The “31st” is the deadline set out within the framework settlement between the Tour and PIF to succeed in a definitive settlement. Woods reiterated his perception that the Dec. 31 mark will probably be met.

“As of proper now, that’s our timeframe and our deadline. That was set forth again in early June, and that hasn’t modified,” Woods stated.

Nevertheless, different sources say that deadline is versatile and will be adjusted if all sides really feel there’s progress within the negotiations.

The framework settlement that was introduced on June 6 permits for a termination of the deal on Dec. 31, “if events fail to enter into the definitive agreements by such date until prolonged by mutual consent of the events.”

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