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Tiger Woods Is the Only PGA Tour Player Who Will Be Directly Negotiating With the Saudis
In a day filled with plenty of moving and shaking behind the scenes on the PGA Tour Enterprises’ board of directors, a low-key announcement revealed that one player will be among a five-man subcommittee to directly negotiate with Yassir al-Rumayyan, governor of Saudi Arabia’s Public Investment Fund (PIF).
That golfer is Tiger Woods, according to a report from NBC Sports.
Tiger Woods 🤝 Valhalla Golf Club
Back like he never left. 🏆🐅#PGAChamp pic.twitter.com/3dS8gaw1cM
— PGA Championship (@PGAChampionship) May 8, 2024
Woods joins PGA Tour commissioner Jay Monahan, former PGA Tour player Joe Ogilvie, Fenway Sports Group principal owner John Henry, and board chairman Joe Gorder to make up the transaction subcommittee that will be looking to finalize the “framework agreement” that has been in place with the PIF for nearly a year now.
It was on June 6, 2023, that the agreement was announced, with a deadline of Dec. 31, 2023, to finalize the deal. That cutoff date was extended, and the negotiations have been a slow process since.
The subcommittee will report back to the rest of the board, which includes players Patrick Cantlay, Jordan Spieth, Webb Simpson, and Peter Malnati. As we learned on Wednesday, the board will not again include Rory McIlroy.
Meantime, Woods is also focusing on his next on-course appearance.
Woods practiced at Valhalla in Kentucky on Wednesday in preparation for next week’s PGA Championship. The rest of the PGA Tour is playing the Wells Fargo Championship at Quail Hollow in Charlotte, North Carolina, this week.
Cover Image via Fox News
