PGA loyalists, not LIV jumpers, to get equity in new firm: Report

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NEW YORK: Golfers who stayed loyal to the US PGA Tour, but not those who jumped to LIV Golf, will receive equity shares in a new for-profit entity, ESPN reported on Friday (Jun 9). Jimmy Dunne, a member of the PGA Tour policy board who helped broker the

Related:The plan would allow for the reward promised to loyalists earlier this week by PGA Tour commissioner Jay Monahan, criticised as a hypocrite for having made a deal with the PIF after more than a year of criticising the Saudis in a bid to prevent top stars from leaving the PGA.

"I think we would form a panel, including tour players, that would evaluate what the terms would be," Dunne said. Punishments for players would likely be considered on a case-by-case basis for those who departed but seek a return, ESPN said citing unnamed sources, with the 11 players who sued the PGA Tour in US federal court and those who recruited talent to LIV likely to get hit harder than others.

 

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