The American golf market has undergone amazing changes.
On Tuesday, June 6th, PGA, the PGA Tour of the United States, and LIV Golf, the upstart golf supported by Saudi Arabia, agreed to merge. This amazing move put an end to the differences and debates about who has dominated American golf since last year.
The two parties indicated that the agreement merged LIV-related businesses supported by Saudi Arabia’s sovereign wealth fund with the businesses and management rights of PGA and Dubai World Tour, a third-party entity, into a new, collectively owned for-profit entity.
The two sides also said that the merger will end the litigation between the two sides. Since the launch of LIV, the two sides have always had differences in law and public opinion.
The unnamed new business entity will be headed by Yasir Al-Rumayyan, President of Saudi Public Investment Fund, and Jay Monahan, President of PGA, will be the CEO. PGA will appoint a majority of the members of the board of directors and hold a majority of voting rights in the combined business.
The 2023 LIV Golf Tournament will be held as planned. A PGA memo said that after the end of this season, the two sides will "cooperate to establish a fair and objective procedure for any player who wants to reapply for PGA membership".
The memo reads:
Today is an important day for our organization and the whole golf game. When we make the final agreement, there are still many details to be solved, which will eventually need the approval of PGA’s policy Committee.
Golf is usually regarded as a peaceful sport, but the entry of LIV has caused quite a stir in this sports market, and also brought great changes to the operation mode of this sport, because LIV Golf has signed high-value, long-term and guaranteed contracts with players, similar to those obtained by NFL or NBA players.
In contrast, PGA is more like a performance-based league, where players earn money according to their performance in the game and the sponsorship and endorsement fees they can get.
LIV has also signed contracts with some top players in PGA, and the amount is staggering. For example, phil mikkelsen’s $138 million, dustin johnson’s $97 million and Brian Deschamps’ $86 million. However, there are still some famous adherents who continue to support the PGA Tour, including Tiger Woods, rory mcilroy and jordan spieth.
According to reports, Woods and McRoy got a contract of hundreds of millions of dollars from LIV Golf, but they were eventually rejected. Both of them continue to support the PGA Tour, saying that LIV’s contract will undermine competitiveness and reduce players’ motivation to improve their skills.
PGA also tried its best to shut out the players who signed up for LIV Golf, so that they could not participate in the competitions organized by PGA. Therefore, this makes some major events that are not hosted by PGA more attractive, because it is the only place where golfers from two leagues can face each other.
There have been competitive sports leagues in the United States before, such as NBA versus ABL or AFL versus NFL. At some point, the final combination of the opposing sides will bring better games and more income for athletes. However, the market once thought that it would be very difficult to merge LIV and PGA, because LIV is backed by Saudi Arabia with deep pockets, which means that the merger between the two parties may take longer.
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CCTV News:The Press Office of the State Council held a series of press conferences on the theme of "Opening by Authorities" today (December 14th). According to the relevant person in charge of the Ministry of Culture and Tourism, in the first three quarters of this year, there were 342,000 commercial performances nationwide, and the box office revenue was 31.54 billion yuan, up by 121.0% and 84.2% compared with the same period in 2019.
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In the 11th round of Italian first-class football league, Bologna played against Lazio at home. Bologna’s scoring efficiency is good this season, but there are many draws. In the last round, Sassuolo was tied, and all the away games were tied this season. Bologna has been unbeaten in the last 9 games, with 3 wins and 6 draws, and all three victories were won at home. Lazio beat Fiorentina 1-0 in the league on Tuesday morning, and Inmobile scored a 90-minute penalty to help the Biancocelesti score all three points. At present, Lazio has won three consecutive victories in the league, while 2 wins and 3 losses in the away game, and defeated Sassuolo as a guest to end the two-game losing streak in the away game. This season, the Biancocelesti’s attack is average, with only 13 goals scored in 10 rounds and 12 goals conceded.
Lazio won 1 win and 1 draw against Bologna last season and remained unbeaten. However, in four consecutive seasons, Lazio only scored 2 draws and 2 losses without winning, and even failed to score in the last three games. The data of this game is insufficient for Lazio’s support. After all, as a traditional strong team in the league, the tie is not easy to overestimate when its reputation and status are dominant.
Therefore, the home team, Boluo, is always in Asia, and it is expected that the match will be more exciting than the match 1 midfielder. The right pair is in charge. The performance in the field is stable and has the strength advantage, while Lazio needs to show better performance in the away game to continue its unbeaten record.
Las palmas beat Manakol 3-0 in the last round and won two consecutive victories, in good shape. The team has a strong offensive ability, scoring only 9 goals in the past 5 rounds, but the defensive quality has improved, losing 4 goals in the past 5 rounds. This season, it has achieved 4 wins, 2 draws and 5 losses, ranking 10th in the league. Sandro ramirez, Fabio Gonzá lez and others were plagued by injuries or missed the game. It must be difficult for this field to face the former bitter Atletico Madrid.
Atletico Madrid beat Aravis 2-1 in the last round, and the team’s morale is like a rainbow. So far this season, it has achieved 8 wins, 1 draw and 1 loss, and its performance is excellent, ranking third in the league. In the last five rounds, he scored a total of 12 goals, averaging 2.4 goals per game. The quality of the team’s defense is very high, and he lost 6 goals in the past five rounds. French striker Gleizman scored 7 goals, and Morata scored 6 goals, which was the main scorer of the team. At present, Victor vitolo, Depe, Mandawa, etc. in the team are plagued by injuries or absent from the game. Atletico’s players can always adapt to different competition environments and play well. Their tactical flexibility and adaptability enable them to always have an advantage in away games.
To sum up, I think Atletico Madrid will win on the road. Although we know that the away game is full of challenges, Atletico’s strength, experience and tactical flexibility all indicate that they will win this victory. I believe they will show their advantages in the competition and finally win.