Tiger Woods says PGA Tour's talks with PIF remain 'fluid'

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Tiger Woods says the PGA Tour's policy board's negotiations with Saudi Arabia's Public Investment Fund remains 'fluid' and there's 'a lot of work ahead for all of us.'

Tiger Woods explains how he's preparing his body physically to endure 72 holes of golf at the PGA Championship. said progress has been made in the PGA Tour's negotiations with Saudi Arabia's Public Investment Fund, but there is a"long way to go still" in bringing the fractured sport back together.

There were five independent directors on the board, including Dunne. Along with Monahan and policy board chairman Ed Herlihy, Dunne helped negotiate the PGA Tour's stunning framework agreement with the PIF, which was announced on June 6. Dunne, a Wall Street dealmaker, wrote in his resignation letter Monday that"no meaningful progress has been made towards a transaction with PIF" and that"my vote and my role is utterly superfluous" because a small group of people were making decisions. Dunne said he hadn't been involved in talks with the Saudis since June.

"Well, the PGA Tour is for the players and by the players," Woods said."So, we have an influence and there's roles for the player directors, and there's roles for the independents. We're trying to make the PGA Tour the best it can be, day-in and day-out. That's one of the reasons why we have arguments and we have disagreements, but we want to do what's best for everyone in golf and the tour.

 

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