As Phil Mickelson Endorses Latest Reports Against Jay Monahan, Lefty’s Brutal Fate From a Year Ago Re-emerges
The PGAT-LIV merger is at a crucial juncture at this point in time. With only a few weeks left before the deadline to complete the transaction, the discussions about the merger are heating up. Among golfers, Phil Mickelson has been at the center of this matter from quite early. Earlier this year, he had spoken about his strategic inputs to the PGAT and how they were ignored rudely.
Now recently, he has endorsed the thoughts and theories of a golf journalist on the merger. The journalist has tweeted in length about the crux of the merger and where it stands now for everyone concerned. His summary touches upon some interesting aspects of the ongoing dialogue between the two entities.
On one hand, the PGA Tour is looking for external investment, to have some edge over LIV Golf in the negotiations. On the other hand, the opportunity to collaborate with LIV will expire by December 31. The PGAT is at a place where it has to conclude an arrangement before this year ends, or it will have to compete with LIV Golf to survive.
The write-up focused on three forces that are in play in the matter. “Force One comprises the big money people. They include PIF, private equity, and other wealthy individuals.” As force two, the tweet mentions the PGA Tour and the establishment.
