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Greg Norman aims for PGA Tour with new golf league backed by Saudi Arabia

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Greg Norman aims for PGA Tour with new golf league backed by Saudi Arabia

| Top stories | News Today

A group led by Greg Norman is the latest new venture gearing up to offer an alternative league to the dominant PGA Tour in professional golf.

Norman, 66, who is several top champions and has been the world’s highest ranked player for more than five years, announced on Friday his association with LIV Golf Investments, whose main shareholder is the Public Investment Fund, a branch of Saudi Arabia’s investment. government.

Norman’s group have pledged to host 10 more events on the Asian Tour over the next decade. But the company’s goals are a world-leading presence, with a game start as early as next year.

“This is just the start,” Norman said in a statement. “LIV Golf Investments has secured a major capital commitment which will be used to create additional new opportunities in professional golf around the world.”

For more than 25 years, Norman has hoped to create a rival PGA Tour world golf circuit. In the 1990s, he proposed a round-the-world golf tour and attempted to entice the best players to play in a collection of small field events that would have widened the purses. The PGA Tour commissioner at the time, Tim Finchem, managed to postpone Norman’s tour, which the PGA Tour saw as undesirable competition for its tour.

Since then, several versions of a round the world that would challenge the PGA Tour have been offered without significant change in the landscape of elite professional golf. The latest was the London-based Premier Golf League, which had more than 15 tournaments and a limited roster of 48 players that would start in 2023. A host of PGA Tour players, including Rory McIlroy, who was then No.1 at the time. . 1 in the men’s world rankings, have been adamant in their disinterest in the new league. The PGA Tour also informed its players that if they played in the upstart league they would not be eligible to participate in the PGA Tour.

Norman, known for his daring game and his offensive style – his nickname is “the shark” – is not discouraged.

“The Asian Tour is a sleeping giant and we share the ambition to grow the series and unleash what we believe to be significant untapped potential,” Norman said. “We see our promotion of these new events as a vital first step in supporting emerging markets, by creating a new platform, rich in gaming opportunities that create valuable player journeys. “

Earlier this month, a group led by the Saudi Arabia Public Investment Fund bought Premier League football team Newcastle United after a long pursuit of a team.

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