Why Saudi Arabia Is Spending Billions To Fund A Hostile Takeover Of Professional Golf

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CNBC

CNBC

День тому

The kingdom of Saudi Arabia reigns over a giant desert, sitting on top of big pools of oil.
So why, then, is it attempting a hostile takeover of one of the world’s oldest sports - a game played on lush, irrigated expanses of turf, strategically placed water hazards and water-hungry putting greens?
Some of pro golf’s biggest names have been attracted by the deep pockets of the LIV Golf tour, which is backed by Saudi Arabia’s sovereign wealth fund.
This fight - between the PGA and LIV - is very much about money. Billions and billions of dollars.
It’s also about the future of Saudi Arabia, a rapidly changing country trying to position itself for a world that doesn’t run on oil, and its leader, Crown Prince Mohammed bin Salman, who is seeking to burnish an image tarred by the gruesome murder of journalist Jamal Khashoggi.
Watch the video above to learn more about the escalating conflict between the PGA Tour and LIV Golf.
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Why Saudi Arabia Is Spending Billions To Fund A Hostile Takeover Of Professional Golf

КОМЕНТАРІ: 769
@cmac392
@cmac392 Рік тому
CNBC isn't exactly unbiased here with NBC having broadcasting rights with the PGA
@jeffa391
@jeffa391 Рік тому
They definitely should have disclosed that if real
@bl6369
@bl6369 Рік тому
Great point.
@mattyboyace1
@mattyboyace1 Рік тому
If only real journalism was allowed to take place in the mainstream.
@zosukumakunene8761
@zosukumakunene8761 Рік тому
Great point C Mac, But to their credit the news report was relatively balanced if you consider that reality.
@warrenb2856
@warrenb2856 Рік тому
CNBC is conflicted in every story they cover. They back the stories their advertisement revenue supports. Not saying they are the only ones.
@Mogul_inthemaking
@Mogul_inthemaking Рік тому
Funny that a competitive sport is not allowed to be in competition with other companies 😂
@sfv6
@sfv6 Рік тому
One word: Greed
@theliftexpert
@theliftexpert Рік тому
For the non golfers who wonder what Liv stands for, it is Roman numerals for the number 54 , which is thought to be the best possible score achievable in golf . Which hasn’t been achieved by anyone to date , but it is thought to be possible to birdie every hole on a par 72 . Cheers 🍻
@lg7014
@lg7014 Рік тому
LIV Tournaments are 54 holes vs 72 PGA holes.
@jamesnoonan9302
@jamesnoonan9302 Рік тому
People have shot 54 and better. I'm not sure if on the PGA tour if it's happened, but there has been some in the 50s for sure. So I don't think it's thought to be the best score possible. Also how good a score is depends a great deal on how challenging the course is. If you have a bunch of drivable par 4s, which is actually what a great deal of golf courses would be like for certain pros's, and easy pin positions and short rough, then most pro's could potentially aim at a birdy or better on any given hole. If I think back to some of golf courses I played as a kid, and imagine Tiger Woods in his prime, the par 5's would all be holes Tiger would be trying to eagle, and you'd be looking at 4 or so par 4's that he may try to drive, and with the wide fairways and pretty easy pin positions... You're saying this 54 thing as if it's some ancient mysterious number, and it sounds like you invented this theory yourself.
@theliftexpert
@theliftexpert Рік тому
@@jamesnoonan9302 your hypothesis is interesting but nobody has ever shot 54 anywhere in the world in an amateur or professional event. This number is thought to be achievable, but has never been accomplished anywhere in the world under any circumstances. 55 is documented in the Guinness book of world records 3 different times, but these are commonly discounted due to the length of the course or the nature of the round. Cheers 🍻
@jamesnoonan9302
@jamesnoonan9302 Рік тому
@@theliftexpert I know there was a 55 on a par 71 PGA tour round. If someone can do that in competition in a course which is made way more difficult than many courses are kept for their members, I have a hard time imagining this, but I guess pro's aren't likely to practice in conditions that would not prepare them for their job as professions. Either way, it's not considered the best possible score. If there was some sort of financial reward for shooting 54 on any par 72 course, I'm sure a pro golfer could get it done.
@theliftexpert
@theliftexpert Рік тому
@@jamesnoonan9302 bro 😎, nobody has shot 55 on a pga tour round…lol…
@robertcoyte3243
@robertcoyte3243 Рік тому
PGA tour had a monopoly and got sloppy and full of hubris now they are caught short. The PGA should have a full blown secondary with appropriate funded tour where the players can survivor long enough to have a real shot at making the main tour.
@pauljcross2289
@pauljcross2289 Рік тому
The PGA tour corruption can be clearly seen by the actions of the corrupt OWGR board...
@jonahsekakoni
@jonahsekakoni Рік тому
And the answer to that is an exclusive annual 48 player field taking part in 8 tournaments as the alternative tour to aspire to.... What are you talking about?
@robertcoyte3243
@robertcoyte3243 Рік тому
@@jonahsekakoni if you dont know I can't help you
@ALHELAL-eu2ue
@ALHELAL-eu2ue Рік тому
I don't understand how is it hostile ?
@hamodi20091
@hamodi20091 Рік тому
a democratic channel, what do you expect
@Palestine4Ever169
@Palestine4Ever169 Рік тому
Western racism
@missema8062
@missema8062 Рік тому
They aim to diversify their economy, so they need to look for different sectors to invest and cooperate. It is a smart business step.
@yalz302
@yalz302 Рік тому
It's the worst investment you can imagine. Expenditure is way higher than the current and future revenue by a long shot.
@hatemrizk535
@hatemrizk535 Рік тому
@@yalz302 how do you quantify that?
@yalz302
@yalz302 Рік тому
@@hatemrizk535 200 million signing bonus for a single player?! They offered tiger wood significantly more... I am Saudi, and I am mad at these crazy spendings. I wish it was the only dumb investment they make. But unfortunately neom exists.
@alialshehri6977
@alialshehri6977 Рік тому
They have previously states that their not looking for profits until 2030s, so they're taking it easy and waiting for the long game@@yalz302
@namhuy1216
@namhuy1216 Рік тому
Over paying for players on a game thats on the decline. Dont see how thats smart business.
@shemadj7501
@shemadj7501 Рік тому
U guys dont want saudi golf money but want saudi oil. Who’s the hypocrites
@Splenda2021
@Splenda2021 Рік тому
Ooohhh that’s good
@PanteraRossa
@PanteraRossa Рік тому
The idea that US money = clean, Saudi money= dirty is a very American way of viewing world politics! Much of the world outside the US does not view Saudi record on human rights and environmental justice or military interventionism as that different from the USA. Only Americans think they are on the high horse in a position to judge but for much of the world know they both got their skeletons.
@immi8419
@immi8419 Рік тому
Hmm u have a point, but saudi is pretty bad dude. They the worst.
@oiaw
@oiaw Рік тому
US money is not clean. It is cleaner then Saudi, but not clean.
@jeffbelcher5684
@jeffbelcher5684 Рік тому
@@immi8419 I would have to say China is by far the worst, and who do you think takes their money
@immi8419
@immi8419 Рік тому
@@jeffbelcher5684 Hmm not sure, i lived in China for 17 years. China does a lot of good too, and the country thrives.. cant be said of Saudi they just export their wahabism everywhere and turn countries backward
@boomboominroom
@boomboominroom Рік тому
@@immi8419 America is not any better. We just clean up our mess better 😂
@anonymoususer4376
@anonymoususer4376 Рік тому
in the end, it's a positive to the golfers and fans. the PGA members got a HUGE boost in benefits and even salary because the PGA Tour now had to compete. And golfers and fans have a choice on who to watch and where to play. Sounds like a win/win to me.
@jayt4465
@jayt4465 Рік тому
How is if positive for fans? It's destroying pro golf. Any American player that goes to LIV is a traitor to the US. They couldn't be a bigger sellout.
@anonymoususer4376
@anonymoususer4376 Рік тому
@@jayt4465 Fans can choose which product to watch. Having choice is good. Traitor? Hardly. Golfers are independent contractors and play on every tour in the world (and there are many). If you want to talk traitor, the US government does business with Saudi. So does the PGA Tour sponsors who pay endorsement money to it's top players. If you think it's traitorous to deal with Saudi, then it was already happening long ago.
@jayt4465
@jayt4465 Рік тому
@@anonymoususer4376 It waters down the competition if half are in one league and half are in the other league. A victory in either league is tainted because of the split. A comparison to the US Government is ridiculous. Governments deal with other countries, especially a major country like Saudi Arabia, with all their oil (or are you one of those climate change alarmists who wants to ban oil).
@anonymoususer4376
@anonymoususer4376 Рік тому
@@jayt4465 There are already at least a dozen golf tours so the talent is already saturated, but I get your point. I'm the occasional golf fan but I'd go watch to see the different format from Liv. They do shotgun starts, have teams compete against each other each event, etc. Just more "fun" and shorter rounds than PGA. For me, competition is always good. The US doesn't do business with several countries we have embargoes with. And by your comment, you're a fan of oil. I am too. But you used the word "traitor". Why? Is the ex-NBA player playing in China a traitor? How about the former MLB player in Asia? Britney Griner playing in Russia an act of treason too? Pro volleyball player in Venezuela?
@jimmason8502
@jimmason8502 Рік тому
Except no tv station will give the Liv Tour air time, certainly not in the US. And the Liv events have been poorly attended. And then there's the politics and morals of supporting a government that opresses women and kills dissidents.
@benfarrow9498
@benfarrow9498 Рік тому
Liv is an ironic name for the Khashoggi bone saw cover up tour 🤔
@AndriasTravels
@AndriasTravels Рік тому
Mickelson might get the same treatment. All those guys better watch their back.
@anonymoususer4376
@anonymoususer4376 Рік тому
it's not a hostile takeover. looks like healthy competition. gives golfers and fans choice.
@Kenny-yl9pc
@Kenny-yl9pc Рік тому
No you dont understand its now spilt that means one half of the best plays here the other their. Fans dont get the best at one place and time in a competition thats over now.
@anonymoususer4376
@anonymoususer4376 Рік тому
@@Kenny-yl9pc I'm just a casual golf fan so I have no idea how others watch golf. I have certain players I follow and don't really care about anyone else. Same with other sports. Very few watch all MLB/NBA/NFL/NHL games but I have my team and that's all I care about no matter who they're playing. So from my perspective, I'm not watching how competitive the entire field is nor do I care. And I'm willing to bet most fans, other than maybe name, know anything about more than 20 golfers. How many tournaments they won, world ranking, money list, etc. And with two tours, fans from two different cities get to enjoy live golf during the same week.
@Anthony-db7cs
@Anthony-db7cs Рік тому
"Healthy competition" from a brutal regime.
@anonymoususer4376
@anonymoususer4376 Рік тому
@@Anthony-db7cs Really like your moral outrage over a golf league when we do business and support countries with issues all the time. Probably the world thinks we're a brutal regime as well after the "Summer of love". lol
@Anthony-db7cs
@Anthony-db7cs Рік тому
@@anonymoususer4376 We usually don't allow government backed "business" to take over or compete with our industries from autocratic countries. You're insufferable.
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@lynnestewart7285 Рік тому
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@markanderson2852 Рік тому
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@alhambra792
@alhambra792 Рік тому
LIV should emulate what Liberty media has done to F1. Utilize digital platform and make the sport more interactive to fans. Hire media teams to vlog the notable players. Do a netflix series. Pick a fan to play in the pro am with the pros. Just create something new and fun for the fans. Get out from the traditional way of PGA style of broadcasting the tour to the fans.
@calmambience_
@calmambience_ Рік тому
👌👌👌👌👌
@arielquelme
@arielquelme 11 місяців тому
Netflix dying now
@youtoobization
@youtoobization Рік тому
$100M to $200M signing bonus per player?? Wow, they could just outright sign every single golfer in the world with that $600B PIF then. There would be no PGA left at all. RIP.
@Runconna
@Runconna Рік тому
Some of the best players actually have integrity and wouldn't take the money.
@rockingwithrockdog9236
@rockingwithrockdog9236 Рік тому
Yep and than they fail. Golf never recovers.
@LegendNinja41
@LegendNinja41 Рік тому
@@Runconna ''integrity'' how are countries like the Usa or UK any better than Saudi Arabia? What happend to Kashoggi was a heinous crime but there's too much focus one this one single person/case. Guantanamo is stil up and running and other secret prison facilities aswell and what the West (my country included) did in the Middle East cost millions of lives, but those are just statistics..
@Runconna
@Runconna Рік тому
@@LegendNinja41 That has nothing to do with my comment. When is said "integrity", I meant respect for the game. It would be like Rafael Nadal leaving the ATP Tour, to go play for a lot of money in China. That's not showing respect for the game.
@ja4897
@ja4897 Рік тому
They have tried. There have been many golfers that have refused any amount of money they have to offer. It’s been reported tiger turned down an offer of $1b
@CamMacMastermusic
@CamMacMastermusic Рік тому
The PGA really dropped the ball on this one. What a blown opportunity for a massive collaboration. More stars made, more events played, more money …. More of everything. Instead they come off just as they’ve always been accused of looking … like a bunch of old rich stuffy guys.
@spencedog
@spencedog Рік тому
Saudi Arabia culture holds back anything they’re going to do.
@csnide6702
@csnide6702 Рік тому
@@spencedog Do you drive a car that runs on gasoline...? Then YOU support Saudis as well..... You can't pick and choose your "outrage"..... Plus if you are a pro golfer - wouldn't you want to play against the best..? For the most money possible..? that is what LIV - not the PGA offers.
@spencedog
@spencedog Рік тому
@@csnide6702Support the Saudis for owning a gasoline car? Smh.. Okay, I’m glad you said that. It gives me a chance educate someone. The US became “energy independent” for the first time under Donald J Trump. We lost independence under Biden, but we still produce the majority of our own oil. Only a tiny percentage comes from sh!t hole 🕳 Saudi Arabia.
@arnoldmbuthia2687
@arnoldmbuthia2687 Рік тому
@@csnide6702 not necessarily Not every country uses Saudi oil
@johnsnow145
@johnsnow145 Рік тому
@@csnide6702go jump in a lake. It’s a not a sand sport pal
@MSNYdude
@MSNYdude Рік тому
NBC is sooo salty about LIV it’s hilarious. “Hostile” had me rolling 😂
@drmodestoesq
@drmodestoesq Рік тому
Golf is a nice long walk ruined by a little white ball. Mark Twain
@weird-guy
@weird-guy Рік тому
i dont understand whats the problem,they got money want to spend it,personally a better bet would be football. You guys dont want saudi money but want saudi oil?
@anonymoushuman8962
@anonymoushuman8962 Рік тому
It’s called competition in a free market. It’s healthy and normal.
@reignmkr64
@reignmkr64 Рік тому
It is NOT a free market if you're competing against a government owned entity. Everyone's a patriot until you wave money in their faces. Greed trumps character, morals and decency.
@Mr482183
@Mr482183 Рік тому
Blood money from a country that does not value human rites.
@waleed8530
@waleed8530 Рік тому
@@Mr482183 America has the highest number of falsely jailed inmates and it treats black people wrongfully.
@Rexxxxxxxxxxxxxx
@Rexxxxxxxxxxxxxx Рік тому
“Hostile Take Over” 😂 Get over yourselves.
@bigdaddyslick4961
@bigdaddyslick4961 Рік тому
this is the second Golf War
@polarbear4612
@polarbear4612 Рік тому
LIV is NOT a business in competition with the PGA. It’s a nation that has decided to polish its horrible reputation by buying golfers as showpieces. I don’t buy the argument that the players are justified just because it was allot of money. The amount of money doesn’t magically make it right for foreigners to be paid props for the Saudi government.
@onlinegladiator5888
@onlinegladiator5888 Рік тому
Public media can make investing in a golf company sound like the end of the world when it's done by a certain country.
@railroado1238
@railroado1238 Рік тому
They are making golf like boxing. 50 different belts 😂
@thewaddler729
@thewaddler729 Рік тому
Andy Johnson nailing it Shotgun Start style.
@shamsuddinkassim441
@shamsuddinkassim441 Рік тому
The question of why the Saudis are into professional golf remains largely unanswered.
@loreoyedele4468
@loreoyedele4468 11 місяців тому
ATP tour tournament is definitely next…
@MrMountain707
@MrMountain707 Рік тому
Do they put around the beheadings or is that on a different street?
@daca3312
@daca3312 Рік тому
Here is the resolution. The PGA tour will now play 3 rounds, and there is now a cut on liv for world rank. Any player can play either tour, sponsors can pay them appearance fees, instead of the pip. Grow the game globally with all the tours 52 weeks a year. I just saved 100 million dollars in legal fees.
@dmkfactor1721
@dmkfactor1721 Рік тому
😂😂😂😂
@jaydibernardo4320
@jaydibernardo4320 Рік тому
I think the lawsuit goes in favor of the players now banned. I wonder how bad the PGA is in order for these golfers to say bye bye? Or is it strictly a $$$ thing...or is it a combination of both? I don't follow golf so I have no idea.
@word42069
@word42069 Рік тому
it’s money. only money.
@tyweaver145
@tyweaver145 Рік тому
Only money. The PGA provided for them greatly.
@tyweaver145
@tyweaver145 Рік тому
I’d also disagree with you on the lawsuit. PGA Tour has it in the bag. None of the PGA tours actions seems anti trust to me. I’m not a lawyer, but banning people for acting against your business seems like common practice to me. Heck they allowed LIV to be formed in the first place. If they had done more to not allow it, that would seem more like anti competitive behavior. LIV players are even dropping out of the suit like flies. Something tells me the PGA has something up their sleeve in the contracts and such, and that the LIV players are detecting that their case is nonsense.
@2011blueman
@2011blueman Рік тому
It's strictly a money thing, Saudi Arabia is simply paying them outrageous amounts of money to ignore the fact they're playing for vile people. They basically sided with the 9/11 terrorists.
@Marchusv
@Marchusv Рік тому
@@tyweaver145 If all of the majors are run by separate entities, but they don't allow for anyone competing outside of PGA Tour to participate in the majors that by itself is anti-competitive. That kind of collusion probably falls under group boycotts and is explicitly illegal. Ian Poulter just won a lawsuit on the same issue this year to get into the Scottish Open, so don't think it's looking great for PGA.
@okoeppen3428
@okoeppen3428 Рік тому
Saudi Aramco is the single biggest sponsor to the LPGA.. Discussion ? Lol I didn't think so..
@gbb82
@gbb82 Рік тому
I lived in Saudi Arabia for a year, loved it. Say what you want about them, but they love to build and develop.
@osomartinez
@osomartinez Рік тому
Evil is as evil does. Leadership is a cabal of murders.
@kevinbergin9971
@kevinbergin9971 Рік тому
@Stadler Huyna Punitively punitive, you might ... and probably will say.
@isitrachelorj3953
@isitrachelorj3953 Рік тому
Did you see any Saudis actually doing the building/labor? No, you didn't, because they have recruited the cheapest, most desperate and defenseless (hence vulnerable) people from asia and africa as "practically" slave labor. Many reports have covered this practice and none are flattering. Careful who's praises you sing!
@mikejones-go8vz
@mikejones-go8vz Рік тому
@@isitrachelorj3953 I would hope these countries with obscene amounts of money would advance technology not build real estate for the already mega rich 🤔 these ones are lucky the rest of the world is feeding them
@AndriasTravels
@AndriasTravels Рік тому
Me too, and its one disgusting men's club.
@caroleboots7591
@caroleboots7591 10 місяців тому
This is tough to watch !
@davidjohnson2001
@davidjohnson2001 Рік тому
Better to invest $$$ in Alternative Energy....
@sshukla7975
@sshukla7975 Рік тому
Saudi had been "SPORTSWASHING", FOR YEARS and just now when golf is threatened by Saudi's takeover OHHHH WE SHOULD DO A STORY. While when SAUDI took over major Rugby games even to the level of college teams, and even in UK soccer. Major acquisition happened 11 month ago. All over the world, they have sports interference. They have been doing it on purpose and even CRICKET. They have been successful at those. But it astonishes me how much USA is self absorbed until they detect threat they never pay attention. Now their own are going on Saudi turf then you see a problem. How I know about Saudi interference in sports all over the world, because it has-been decades. Even after 9-11, they did it for their international grip all over the world. India is struggling because of their interference and illegal smuggling by their official and endorsed players. Many times. Sports fans and clubs have long resisted in Australia, they change their jersey reflect their own signia and guess what no one batted an eye. It won't be long they would own almost all the sports. Gladly golf is under attack so now USA would pay attention. POOR VERY POOR RESEARCH BY CNBC! reflect all the pictures bot just one aspect.
@WillR-Cincy
@WillR-Cincy Рік тому
Great thorough summary. You taught me a few things that I never knew!
@sshukla7975
@sshukla7975 Рік тому
@@WillR-Cincy I appreciate it you liked it. The term coined for it is "SPORTSWASHING" to clean it's image. They are trying to hide it's human right violation and terrorist support activities through sports and influencing world politics. The ripple effect is such that an law or code enforcement was approved in UN for islamophobia under which trial can happen in countries who approved it. So they are propagating their "clean image", while human are still traded in Saudi on apps. (it's true). They are getting all the big guns of all sports to influence major countries for bilateral support so people won't see their aggression on minorities or human right violation and slowly propagating agenda. And 11 months ago they just acquired biggest clubs and most college soccer leagues.
@sshukla7975
@sshukla7975 Рік тому
@@JT_771 sure it's the same US who thinks that 4 teams from 51 states constitute the whole world hence the "world cup". There is more to the world and this selective ideology just isolates the country. This Ukrainian war has proved it that your president didn't had the capacity to even evacuate it's own nationals let alone help other. While India "operation ganga", made sure that cease fire happened from both sides and multiple nationalities were evacuated. That's why kiddooo you need to get your head off clouds and look at world at one global village. Isn't it true. It astonishes me whole world covers everyone's news while USA has soooo huge weather updates and everyone hides their head like ostrich in sand afterward. I betcha you can't name any MP, MLA or legislative person from your assembly. Half knowledge is more dangerous than any weapon. Here an Indian, knowing political issues of UK, AUSTRALIA, SAUDI AND USA. what can you enlighten me with mate? Conversation with you must be boring!
@yesno7889
@yesno7889 Рік тому
@@JT_771 it’s because it’s the same rationale why Ukraine “war” got so much attention but all the other “wars” were not recognised.
@Palestine4Ever169
@Palestine4Ever169 Рік тому
@@JT_771 Same hypocricy of ukraine aid but no talking about warmongering colonizing western countrias in arabs and muslims countrias??
@janiekcarney5482
@janiekcarney5482 Рік тому
Competition is good but selling out to another country is a mistake.
@eustatic3832
@eustatic3832 Рік тому
Golf? Full of Rich jerks? No way!
@dustylover100
@dustylover100 Рік тому
How about making changes for all on the PGA Tour.
@mikram2613
@mikram2613 Рік тому
Maybe they can pay for some spectators
@truthteller2822
@truthteller2822 Рік тому
You sell them weapons you buy their oil and you dont want their money??🤣🤣
@KamiInValhalla
@KamiInValhalla Рік тому
Competition is good. Prevents people from sitting on their hands.
@mack-uv6gn
@mack-uv6gn Рік тому
It’s just golf! Who cares?
@againstthegraingolf301
@againstthegraingolf301 Рік тому
Golf is life
@mack-uv6gn
@mack-uv6gn Рік тому
@@againstthegraingolf301 water is
@againstthegraingolf301
@againstthegraingolf301 Рік тому
@@mack-uv6gn obviously.. or maybe it this obvious to some🤔 Thank you! Yes water and golf are life🙃
@mack-uv6gn
@mack-uv6gn Рік тому
@@againstthegraingolf301 I can do without golf but not water.
@againstthegraingolf301
@againstthegraingolf301 Рік тому
@@mack-uv6gn good on ya… golf is my livelihood, so yeah. Nice chat lol
@dyckbutt
@dyckbutt 11 місяців тому
And today, PGA Tour bent the knee to LIV Golf.
@rorisxng
@rorisxng Рік тому
I imagine LIV emulating F1.
@Eddieadnan100
@Eddieadnan100 Рік тому
As a saudi person saudi arabia had never been interested ing golf i have no idea why they keep hosting this sport, All my life I have never met a saudi that likes golfing.
@martinalbert29
@martinalbert29 Рік тому
PGA tour being so intent on putting down LIV golf means they are insecure. They had the monopoly in golf. New competition is basically like opening a new amusement park and going head to head with Disney World …why be threatened unless you know you are doing something wrong which could lead to long term decline .
@andrewkleinhans4235
@andrewkleinhans4235 Рік тому
They’re threatened because the competing league has an unlimited bankroll. You really think they’re just supposed to lay down and die when their existence is being threatened? I’ve never understood this line of thinking on the issue. Of course the PGA Tour reacted. That in no way means they did anything wrong.
@MrDMIDOV
@MrDMIDOV Рік тому
Golf was the sport to play like 2-5 decades ago.
@Spirit451
@Spirit451 Рік тому
I don't understand golf, their governing committee, rankings and tours. Banning players, preventing them to compete in other tours. All sounds weird and silly to me.
@lkronquist
@lkronquist Рік тому
Do you understand a powerful leader sending a team of hired killers to lure a journalist into an embassy, getting him in a closed room and chopping up his body, putting the pieces in suitcases and quietly exiting the embassy? That's the Saudi way.
@ram0666
@ram0666 Рік тому
The pga tour has spent its resources for the last 100 years to promote its tour and the players to get it in the place it is in now. Not 1 of the players would be anybody without it and its tradition. So of course they are made that the Saudi government just bought the players that all got famous from the PGA tours sweat from those 100 years. Pga tour gave these players a place to compete and become famous and now they left them for the cash.
@123blakes8
@123blakes8 Рік тому
Saudi Arabia can’t produce athletes so they buy them……😂
@gregorypeterson9
@gregorypeterson9 Рік тому
Wait until the take on the LPGA.
@dallonperry3639
@dallonperry3639 Рік тому
As a fan of the UFC I know that monopoly lawsuit ain't going far haha
@bandarsalh1338
@bandarsalh1338 Рік тому
I stopped watching when you said hostile takeover
@oscarruvalcaba5568
@oscarruvalcaba5568 Рік тому
Because it realizes how bad the old guard has squandered and exploited it's workforce & notices how they can do much better and improve! It's free market basics: survival of the fittest!!!
@Jonteponte71
@Jonteponte71 Рік тому
The NBA has a 50-50 revenue split between players and league. This now means that contracts basically mean nothing. Once the stars get their generational wealth money they can just (not even one year into a 4 year contract) demand to be traded if they don't like it. And the team is left with basically nothing. The players basically have all the power and the sport is worse for it.
@ram0666
@ram0666 Рік тому
@@j189512 Why the assumption that they didnt have money? Pga tour spent 1 billion dollars last year to run the tour and promote players.
@stefanjohansson2373
@stefanjohansson2373 Рік тому
It’s all about money, not golf. Nobody says no to 100+ million dollars! Their moral and thoughts about Saudi politics and murders automagically disappear when the ca$h is transferred. I would do the same, but there’s a small problem… I play chess, not golf! 😂
@tru3dialect
@tru3dialect Рік тому
Hostile takeover?? PGA is the one banning them not the other way around 🤣🤣
@emmanuelharbor2350
@emmanuelharbor2350 Рік тому
Interesting development!
@soisaidtogod4248
@soisaidtogod4248 Рік тому
Look at the other side of things, why should the PGA have exclusive access?
@tongo148
@tongo148 Рік тому
The greed of these golfers to sell out is beyond shameful.
@jasonyau326
@jasonyau326 Рік тому
PGA has a Oligopoly. KSA under MBS may target professional tennis next. Aramco already is a major sponsor of F1, what's to say they wont buy F1 from Liberty Media? What would really sting for the establishment would be losing major sponsors like Rolex. KSA via their Sovereign Fund could always resurrect the notion of the SUPER LEAGUE for Soccer simply buying up all the best teams in the world and forming it themselves. Scary but not completely out of the question
@grant1430
@grant1430 Рік тому
Yeah until america pulls their military and iran obliterates them.
@allenmollitor9188
@allenmollitor9188 Рік тому
Hostile takeover or new opportunity for gifted golfers. The point is worldwide competition and more countries, more days off, and better playing conditions. LIV has shown the PGA for what they are.
@ram0666
@ram0666 Рік тому
Liv is nothing more than socialist golf.
@user-kj8yl6sn2z
@user-kj8yl6sn2z Рік тому
Stupid game I don't know why wasting time in golf and why Saudi Arabia invests in a dead game that only a few people play
@MrMountainMan
@MrMountainMan Рік тому
Re: CART and IndyCar circa 1996
@elizabetheckel
@elizabetheckel Рік тому
Everyone has a different definition of entertainment.
@richardfox9130
@richardfox9130 Рік тому
You just compared PGA players to coffee.
@eddiestorey9633
@eddiestorey9633 Рік тому
They didn’t take over pro golf, they started a shoulder tour to get guys ready for the senior tour 😂. 54 holes 😂
@zippyspring
@zippyspring Рік тому
". . . an aging fan favorite."
@unamiko6365
@unamiko6365 Рік тому
PGA should avoid politicizing sports and keep sports the way it is peaceful, exciting, and its main goal is to bring people together, not divide them.
@Winkmyster
@Winkmyster Рік тому
What they've done is far from hostile, it's actually healthy for the economy of golf as a sport! Golf has been so dry for so long, and LIV has forced the PGA (Only tv golf channel in America) and DP World Tour (Only tv golf channel in Europe) on their knees to have to change for the better, now you see DP World tour and PGA trying to mimic LIV's style to stay alive.
@ram0666
@ram0666 Рік тому
They definitely arent trying to mimic their style. Shotgun starts and no cuts are just a gimmick and very lame . They need all the music and sideshows because their product is lousy and will never hold up product wise. It is socialist golf at its core. The idea that it has the PGA tour on its knees is very naive and just not true.
@tooyoota66
@tooyoota66 Рік тому
This is how business is done . Free market competition 👌
@jonhennemann4729
@jonhennemann4729 Рік тому
PGA just does not let tour players cash in on the new media market. For example, the highest paid femail golfer is not even on the LPGA tour
@ram0666
@ram0666 Рік тому
Pga tour has zero to do with Lpga tour . 2 different organizations. The PGA is diffrent than both tours and has nothing to do with the media market.
@jonhennemann4729
@jonhennemann4729 Рік тому
@@ram0666 They own the media market for their turniments. For example Jack Nicjolas does not own the rights to show a replay of a PGA win. Just like the Masters owns his 1986 win... He cannot show his win on a website without their permission.
@cndvd
@cndvd Рік тому
Jihad in the most “friendliest” way. Lol
@zapfanzapfan
@zapfanzapfan 10 місяців тому
Golf itself got stuck in a sand trap...
@patriotscientific
@patriotscientific Рік тому
it seems to me this is good for the major tournaments, even more exclusive fields
@colobongjj
@colobongjj Рік тому
Media and everyone owes Phil Mickelson an apology. He called out the treatment of the players by the pga and how the pga have kept the price money as low as possible. Now the pga is scrambling to fix the issues they got called out for
@gustaaf1892
@gustaaf1892 Рік тому
@@j189512 All golfers are able to qualify to play on the US PGA tour, unlike the LIV invitational events that are restricted to just 48 starters who work for the Saudi government. Huge difference right there.
@gmoney2667
@gmoney2667 Рік тому
Price of honor? 100-200M. Classy golfers.
@rickwilliams9001
@rickwilliams9001 Рік тому
Gee, I completely change my opinions of Saudi Arabia now that they have high level golf. LOL!!
@timothymf7638
@timothymf7638 Рік тому
I'm sorry but this is absolutely disgusting. Money is not the most important thing in the world where are your MORALES. Any golfer moving there should be suspended from the PGA for life. This country should be avoided and yes I know we need their oil. Woman and people are treated like dirt in todays society. BT
@TobiasStarling
@TobiasStarling Рік тому
I never knew golf was worth so much!
@gustaaf1892
@gustaaf1892 Рік тому
It isn't. LIV is not a financially viable product and is losing money hand over fist.
@cottonrock4116
@cottonrock4116 Рік тому
Tiger Woods says No.
@deljay1840
@deljay1840 Рік тому
PGA Golf does not want to share power.
@wmp3346
@wmp3346 Рік тому
Totally Backfired -
@dmack7328
@dmack7328 Рік тому
It's a big complicated world today. Those guys should be able to do what the hell they want.
@kenlandon6130
@kenlandon6130 Рік тому
2:51 Has the tone of Terry Silver in an ad for the Cobra Kai dojo in the TV series Cobra Kai. Pure evil.
@prestonbacchus4204
@prestonbacchus4204 Рік тому
The fans are rejecting LIV. That is why the numbers are so low.
@tkhannibal2476
@tkhannibal2476 Рік тому
There's enough talent to go around
@finsflexin
@finsflexin Рік тому
First they’re going after golfing, next thing they’re going to be going after the gulf. It’s a slippery slope.
@finsflexin
@finsflexin Рік тому
@ᴄɴʙᴄ How often do I need to sing Happy Birthday to myself to survive Space Junk Cyberpunk?
@cevant1
@cevant1 Рік тому
Money over morals.
@ajs4287
@ajs4287 Рік тому
Pga tour shouldn't have banned liv players. They will regret it. The majors and their sponsors want the best players in the world to compete, they don't care about some ancient ranking system.
@WillR-Cincy
@WillR-Cincy Рік тому
How many remember the number of Saudis were on the airplanes that attacked NYC on 9/11. Phil, Dustin and others, goodbye and just leave the US and don’t come back🙋‍♂️
@jtgd
@jtgd Рік тому
That’s not relevant. What is relevant is the possibility of the Saudi government having a role in the attack
@WillR-Cincy
@WillR-Cincy Рік тому
@bik boto Good point! Actually I don’t. I was born during WWII and have a good memory and also lost a $Multi Million business we let our Steel Industry get invaded also, our President said that didn’t matter. Guess you’re ok with terrorist attacks.
@TrueRaps
@TrueRaps Рік тому
How many remember jet fuel dont melt steel beams and the terrorism insurance amendment a week before 9/11
@BDRhimself
@BDRhimself Рік тому
ukposts.info/have/v-deo/m3SboKGspXuFy5c.html
@bobfeller604
@bobfeller604 Рік тому
Playing on the PGA tour is expensive and the guaranteed LIV money is a big deal.
@johnbee7729
@johnbee7729 Рік тому
Such a weird thing where millionaires are demanding even more millions and then wanting to go back and play with the regular folk. This has happened many times in almost all new sports and the upstart has usually failed after a few years. Maybe the Saudi petro dollars will make this upstart succeed Maybe not. All depends on the public and TV.
@adrianalley700
@adrianalley700 Рік тому
Lol PGA - Regular folk. I think not.
@richhoops2413
@richhoops2413 Рік тому
Yeah. They need a TV deal bad. You're average Joe still likes to be able to easily watch it on TV. Whether it's cable or a major network.
@alberttate8198
@alberttate8198 Рік тому
The top guys who left the PGA Tour were making a good amount of money. players 75-125 on the money list are the ones struggling to stay on tour. The PGA tour is about money, hence why there is a money list and 25 people lose their tour card because they do not make enough money aka they do not win enough. I bet the guys who joined LIV thought they could take the signing bonus money and still make money on the PGA tour 😬
@alberttate8198
@alberttate8198 Рік тому
@Bamboo Shoot And Golf is all about money, in general. PGA Tour had too many steps in order to make changes while LIV was able to implement certain concepts that the Tour rejected years ago. in the end, the rich are getting richer. LIV should open up a thursday qualifier for amateurs: top 8 people make up two teams. those two teams are guaranteed $2m each... Now that's changing the game!
@alberttate8198
@alberttate8198 Рік тому
@Bamboo Shoot I know the top amateurs. I am thinking more of “weekend golfers” and mini-tour guys. Get guys who are shooting +4 to +15 with that kind of money on the line… I’ll watch that every weekend. Shoot, I may join the qualifier myself 😂
@poppystars9005
@poppystars9005 Рік тому
They should compete against each other. Liv players should get points to keep the Majors relevant. Couple 48 man grudge matches throughout the year to settle things up. Could be fun.
@ethans6.0
@ethans6.0 Рік тому
liv sucks and the players are traitors
@iheartmykittieslots
@iheartmykittieslots Рік тому
I smell jealousy
@smartwater598
@smartwater598 Рік тому
Liv golf showed the hypocrisy of pga and many people. Liv golf is moral nothing wrong only making the sport better and more entertainment for the fans
@-JSLAK
@-JSLAK Рік тому
Found a member of the Saudi royal family.
@Kenny-yl9pc
@Kenny-yl9pc Рік тому
No it certainly doesnt make it better for the fans! We are the ones paying the price! Now the competition is deminished the best players are split in half. One half plays here the other there. How is that in the interest of any fan??? I want the best competition and that means the best players are competing and not this money greed bs where the system gets fd up and the only people benefiting are the very few who get better deals aka money. But I dont get those money greedy pros who prostitute themselfs for more money even though they are already multi millionaires. I mean why whould you deminish your sports career achievement for more money??! Doesnt make sense to me! Woudlnt you want to compete with the best and have that achievement of competing and winning against the best and not more money?! But ok to each his own. If you are so blind or paid I dont know to think its better this way than to have them all at one place and time like it always was before then happy birthday you got what you want dummy!
@mineshjogia9945
@mineshjogia9945 Рік тому
@@Kenny-yl9pc It's great for us LIV/Golf fans. It only sucks for the ignorant, slow, hypocritical, petty, and childish PGAT sheep.
@curtisbme
@curtisbme Рік тому
@@-JSLAK Paid actors and bots be doin' their thing. Will be extra scary when they actually learn proper English so to be not as obvious.
@jfranklin8190
@jfranklin8190 Рік тому
The headline is ridiculous
@rubenscott7776
@rubenscott7776 Рік тому
When it comes to investment, diversification is key. That is why I have my interests set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Tech and Health.
@andrewgary2496
@andrewgary2496 Рік тому
They know the potential and positivity of bitcoin and so do we. I plan on hodling more Bitcoin fractions will never be enough. Mrs Ella strategy has been really helpful to me with her tips and predictions about bitcoin.
@joaofelix7387
@joaofelix7387 Рік тому
@Jeff micheal You have to get a financial-advisor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings,
@tonniaemma8519
@tonniaemma8519 Рік тому
@@andrewgary2496 that's impressive!, I could really use the expertise of this advisors, my portfolio has been down bad....who's the person guiding you.
@andrewgary2496
@andrewgary2496 Рік тому
@@tonniaemma8519 *The truth is more important than the facts.* I engage in various prolific Investments by compound interest & leveraging and as well operating with an Investment Professional Mrs Ella, So far I've attained returns over 260K $.
@johnmichael8065
@johnmichael8065 Рік тому
@@andrewgary2496 Access to good information is what we investors needs to progress financially and generally in life. this is a good one and I appreciate..
@sidtheduke
@sidtheduke Рік тому
Golf is an extremely hard sport and professionals worldwide need to earn besides trying their impossible luck with PGA
@Boc3phu5
@Boc3phu5 Рік тому
The System is like boxing. No matter the league, if you are a champion you should be able to join wherever.
@FunDownSouth
@FunDownSouth Рік тому
If they would work together, they could grow the sport. Instead, they will view each other as competition and negatively affect the sport.
@freshprinceofsolair
@freshprinceofsolair Рік тому
LIV wants to.. PGA does not. hence the situation.
@stevena6700
@stevena6700 Рік тому
There is no need to grow the sport.
@jaysnizzle9189
@jaysnizzle9189 Рік тому
Monohan says ‘supporting the LIV is supporting the Saudi regime but doing business with Saudi corporations is ok’ Does he not realize that the largest corporations there are also owned and funded by the Saudi Royal family?
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