Eight-time major winner Tom Watson says the PGA Tour’s new partnership with Saudi Arabia appears to indicate “a more desperate financial situation than has been previously revealed by the Tour”.
Watson has written an open letter to PGA Tour commissioner Jay Monahan about the “unanswered questions” he and many other professional players have regarding the shock announcement on June 6 concerning the creation of a new commercial entity designed to “unify golf”.
The announcement brought an end to litigation between the PGA Tour and LIV Golf, a series backed by the Saudi Public Investment Fund (PIF) which will now provide the financial backing for the new commercial entity.
Prior to the announcement, Monahan had been an outspoken critic of LIV Golf and Saudi Arabia, and Watson wrote: “The reversal (in position) does appear to indicate a more desperate financial situation than has been previously revealed by the Tour.
“While last week I learned the significant news that litigation around the Tour/LIV conflict would be terminated with prejudice, that only solves one significant financial problem.
“It is important to understand how all of this has impacted the Tour’s Reserve Fund and the Tour’s overall financial solvency. Have funds been depleted to the point where the Tour needs an unprecedented capital injection to remain solvent now or for the future?
“My overarching questions remain. Is the PIF the only viable rescue from the Tour’s financial problems? Was/is there a plan B? And again, what exactly is the exchange? We need clarity and deserve full disclosure as to the financial health of the PGA Tour and the details of this proposed partnership.”
The United States Senate has opened an investigation into the proposed partnership, while the Wall Street Journal reported last week that a PGA Tour official informed employees that the US Justice Department also plans to review the agreement for antitrust concerns.
The PGA Tour said last week when the Wall Street Journal report was published: “We are confident that once all stakeholders learn more about how the PGA Tour will lead this new venture, they will understand how it benefits our players, fans, and sport while protecting the American institution of golf.”
The PGA Tour insists the partnership is not a merger, and that the PIF will not own the PGA Tour.
The PA news agency understands the PGA Tour felt the choice it faced was between a lengthy litigation which would drain resources, divert attention and diminish its product and a path forward that reunifies professional golf and fuels investment into the sport.
Samuda and Munn-Barrow triumph at AMG Buccaneer Memorial Golf Tournament
Owen Samuda and Jodi Munn-Barrow emerged as champions of the AMG Buccaneer Memorial Golf Tournament, held at the Caymanas Golf Club in St. Catherine over the weekend. The annual event, one of Jamaica’s most prestigious golf tournaments, saw over 80 golfers competing despite challenges posed by recent weather conditions.
Samuda, who has been enjoying a stellar run of form, dominated the male category with back-to-back rounds of one-under-par 71, finishing with an impressive two-under-par 142. He won by a commanding 13-stroke margin, cementing his reputation as one of the country’s top golfers.
Reflecting on his victory, Samuda shared, “After the disappointment in the Jamaica Open last week, I realized that you can’t drive a car while looking behind you. I came into this tournament with a lot of confidence and positive thoughts. I played really well yesterday, and even better today, so I feel great about the win.”
Samuda’s performance marked the only under-par scores across the tournament. Former national champion Oshae Haye finished second with an 11-over-par 155, while Zandre Roye and Sean Morris tied for third at 14-over-par 158.
In the female category, Jamaica Golf Association President Jodi Munn-Barrow delivered her trademark consistency to claim the Ladies 0-6 title. Munn-Barrow posted scores of 75 on both days, totaling six-over-par 150 to secure her win by a comfortable 21 strokes over Michele McCreath, who finished at 171.
“It was a little more difficult this time,” Munn-Barrow admitted. “I haven’t been playing much because of my involvement with the Jamaica Open, so my game this weekend was scrappy. But I managed to get the ball around, and I’m happy with how I performed despite not being at my best.”
The tournament also featured numerous category winners, including Quentin Hugh-Sam and Philip Gooden, who scored 168 to win the Men & Men Senior 7-12 section. Other winners included Gifford Wilmott (Men & Men Senior 13-24) with a score of 157, and Diane Hudson, who topped the Ladies 13 and over category with a score of 184.
The event, held for the 29th year, is a tribute to seven of Jamaica’s past national golf representatives: Milton "Buddy" Josephs, Izette Rhone, Lenan "Lennie" Chin, John Fulford, Al Chong, Claude Stewart, and Mark Chin. Proceeds from the tournament benefit the Lawes Street Trade Training Centre, with the goal of raising JMD$1 million annually.
Peter Chin, president of the Buccaneers Golf Club, praised the event’s resilience despite weather challenges. “This tournament has been running since the 1990s and is the oldest golf tournament outside of the Jamaica Open on the JGA calendar. The course was in great condition considering the rain over the past few weeks,” Chin said.
The AMG Buccaneer Memorial Golf Tournament was sponsored by AMG Packaging, with Scientific & Medical Supplies as an associate sponsor.
McIlroy honoured to be 'mentioned in same breath' as Ballesteros after matching Race to Dubai tally
Rory McIlroy says he is honoured to be "mentioned in the same breath" as Seve Ballesteros, after matching the Spaniard's haul of six Race to Dubai titles.
McIlroy secured the title for the third year running following his victory at the DP World Tour Championship in Dubai on Sunday.
The four-time major winner finished two shots clear of Denmark's Rasmus Hojgaard to seal his third triumph in the event.
"Everyone knows what Seve means to European golf and Ryder Cup players," an emotional McIlroy told Sky Sports.
"The European Ryder Cup locker room, all we have are quotes from Seve. We had a changing room with Seve's shirt from [1995], the last Ryder Cup he played.
"He means so much to European golf and for me to be mentioned in the same breath, I'm very proud."
"I've been through a lot this year, professionally, personally, and it feels like the fitting end to 2024," added McIlroy, who narrowly lost out on the US Open title to Bryson DeChambeau.
"I've persevered this year a lot, had close calls, wasn't able to get it done. I'm really pleased with the way I finished and, thankfully, I hung on after a tough day and got the job done."
McIlroy seals sixth Race to Dubai title with DP World Tour Championship triumph
Rory McIlroy secured his sixth Race to Dubai title with victory at the DP World Tour Championship in Dubai.
McIlroy finished at 15 under par and two shots clear of Rasmus Hojgaard, who he partnered during the final round, to seal glory at Jumeirah Golf Estates.
The four-time major winner claimed his record-equalling third triumph in this event, matching Jon Rahm.
It is also his third successive Race to Dubai victory - and sixth overall to move level with Seve Ballesteros.
McIlroy was tied for the lead heading into the final day, and a run of four successive birdies gave him a three-shot advantage early on.
However, he hit bogeys on the ninth and 13th holes, allowing Hojgaard to draw level heading into the final four.
Nevertheless, McIlroy dug deep with a brilliant approach leading to a birdie on the 16th, which put him back in front.
And while Hojgaard could only par the final hole after narrowly missing a birdie putt, the Northern Irishman held his nerve with another birdie to seal his seventh tournament win in Dubai.
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