Rory McIlroy will be involved in negotiations with Saudi Arabia's Public Investment Fund as a member of the newly formed transaction committee.
isn't returning to the PGA Tour's policy board, but he'll still be involved in negotiations with Saudi Arabia's Public Investment Fund regarding a potential multibillion-dollar investment in PGA Tour Enterprises as a member of the newly formed transaction committee, the tour announced Thursday.Former Valero Energy Corporation CEO Joseph W.
SSG, a consortium of billionaire American sports team owners and celebrities, made an initial investment of $1.5 billion -- with up to $3 billion available. "I don't necessarily think or believe that people didn't want me involved, it was more just the process of how I could get involved again, right?" McIlroy said."Like the board has through this massive eight-month governance review, and what happened with Webb and I and that whole thing, that was outside of the scope of the governance, right?
"I think friends can have disagreements or not see eye to eye on things but have disagreements on things," McIlroy said."I think that's fine. But no, we had a really good talk last Friday for 45 minutes just about a lot of different things. No, there's no strain there. I think we might see the future of golf a little bit differently, but I don't think that should place any strain on a relationship or on a friendship.
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