PGA Tour issued lawyers' letter by disgruntled players over LIV Golf merger
A letter has been sent to the bosses of the PGA Tour by a law firm on behalf of 21 players, who claim they have been 'left in the dark' over negotiations surrounding the circuit's for-profit entity, PGA Tour Enterprises.
The letter - obtained by No Laying Up - was sent to the PGA Tour by legal firm Susman Godfrey L.L.P., and included the names of a host of disgruntled Tour players, including former Masters champion Danny Willett. The memo hit out at the Tour's handling of its ongoing framework negotiations, which are set to play a huge part in the future of its members.
After months of near-radio silence, Tour bosses finally issued an update last weekend, revealing that whilst they were continuing to negotiate with the Public Investment Fund of Saudi Arabia over a merge with LIV Golf, they had reached an agreement with U.S.-based entity Strategic Sports Group (SSG).
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A day later the PGA Tour's Policy Board were issued the letter in question by Willett and co. "Our firm represents 21 members of the PGA Tour, who are identified at the bottom of this letter," the letter read. "We write on their behalf to obtain information about the PGA Tour's consideration of several proposals that will alter the structure of the PGA Tour and may have a profound impact on our clients' lives, and the lives and livelihoods of hundreds of other Tour players.
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"The Board has recently received multiple bids by prospective capital partners that will potentially transform how the PGA Tour operates, who controls it, and who owns it. All but a handful of PGA Tour players have been kept entirely in the dark about the prospective transaction, how it will impact them, and what conflicts of interest may impact the decision-makers."
The letter went onto demand that the Tour issue players with 'full disclosure' on the goings on surrounding its future business plans, as well as a meeting with the board's 'independent directors'. "The PGA Tour players who have been kept in the dark about this process are the lifeblood of the Tour," the memo added. "They deserve to know what is happening."
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The PGA Tour are continuing to negotiate with LIV Golf bosses (PGA TOUR)The 21 in question are the latest stars from the PGA Tour to vent their frustrations to those in charge. Just last month Olympic champion Xander Schauffele called on Tour commissioner Jay Monahan and his colleagues to step away from their leadership roles over the handling of the circuit's proposed framework agreement with PIF.
"I wouldn’t mind seeing some new leadership take place on our circuit,” he told Today's Golfer. "I would be lying if I said that I have a whole lot of trust after what happened. That’s definitely the consensus that I get when I talk to a lot of guys. It’s a bit contradictory when they call it ‘our Tour’ and things can happen without us even knowing.
"It’s hard. I’m sure there are reasons for what happened, but at the same time, it puts us in a really hard spot to trust the leadership that did some stuff in the dark and is supposed to have our best interests at heart." On the back of the release of the letter on Tuesday one of the named 21 players, Wesley Bryan, announced on social media he had withdrawn his name from the list, admitting he felt he had made a 'mistake'.
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