The recent announcement regarding the potential agreement between the PGA Tour and the Saudi Arabian Public Investment Fund (PIF) has raised speculation about the future of Greg Norman, the current CEO of LIV Golf. If the deal goes through, it appears that Norman will not be retained in his current role, as stated by PGA Tour Chief Operating Officer Ron Price.
During a recent testimony before the Senate’s Permanent Subcommittee on Investigations (PSI), Ron Price and PGA Tour Policy Board Member Jimmy Dunne shed light on the impending agreement with PIF. Price confirmed that, in the event of a definitive agreement, there would be no position for Norman in the tour. However, Price also expressed openness to reassigning Norman to a different capacity should the stakeholders finalize their collaboration.
PGA Tour Commissioner Jay Monahan’s absence from the hearing attracted attention. Having taken a leave of absence since mid-June due to undisclosed health concerns, Monahan is due to return just days after the hearing. Meanwhile, Norman declined the invitation to testify, citing scheduling conflicts. Senator Richard Blumenthal, the PSI chair, revealed the committee’s intentions to work with both Monahan and Norman to reschedule their appearances at a later date.
While his presence at the hearing was missed, Norman was observed to be actively involved in LIV Golf’s recent event held in London. This highlights the ongoing commitment and involvement of Norman in the golfing industry. With potential termination as LIV Golf CEO looming, Norman’s future prospects remain uncertain. However, given his extensive experience and influence in the sport, it is not unreasonable to anticipate his involvement in the golfing landscape in some capacity.
The potential agreement between the PGA Tour and the Saudi Arabian PIF has raised questions regarding the future of Greg Norman at LIV Golf. PGA Tour COO Ron Price’s statement indicates that Norman’s position as CEO may come to an end if the deal materializes. Nonetheless, the situation remains fluid, offering the possibility of Norman assuming a different role within the tour. As the golfing community awaits further updates, the industry waits to see how this development will shape the future trajectory of both LIV Golf and Greg Norman’s career.
The Business Press 