Report: Monahan Tells Players Premier Golf League "Recently secured funding from Saudi interests"
/My initial report on the World Golf Group’s proposal noted that Middle East money was part of the funding, but a release by the group in response sought to distance the effort from that. Instead, the Raine Group was suggested as the financing arm of the proposed Premier Golf League.
However, No Laying Up’s Tron Carter shared portions of a redacted version of an email sent to players by PGA Tour Commissioner Jay Monahan vowing to enforce current regulations while noting the investment from Saudi Arabia. The email also suggests substantial guarantees for the 12 team owners that would make up the initial iteration of this competing tour.
Presumably, Monahan is highlighting the likelihood that the loathsome Kingdom of Saudi Arabia is involved, and that players would essentially be taking a form of dirty money. Certainly a huge consideration in all of these machinations.
And yet, as the European Tour returns to Saudi Arabia this week, it should be noted that several top PGA Tour members are playing thanks to releases from the PGA Tour.
Speaking of the Saudi event, Morning Read’s Dave Seanor considers the effort to “grow the game” this week and the issues arising from golf’s dance with the Kingdom.