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Asian Tour Partners with PGA and DP World Tours, Splits from LIV Golf
๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Sports

Asian Tour Partners with PGA and DP World Tours, Splits from LIV Golf

From Dong-A Ilbo · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • The Asian Tour announced a strategic partnership with the PGA Tour and DP World Tour, effective until 2029, signaling a split from LIV Golf.
  • LIV Golf, which had invested $300 million in the Asian Tour for the "International Series," faces financial uncertainty as its backer, Saudi Arabia's Public Investment Fund, plans to cease financial support after this year.
  • LIV Golf is also facing legal action from a Canadian tech company over alleged non-payment of broadcast technology fees.

The Asian Tour has officially severed ties with LIV Golf, announcing a new strategic partnership with the PGA Tour and DP World Tour that will extend through 2029. This move marks a significant shift for professional golf, leaving the Saudi-backed LIV Golf circuit in a precarious position.

LIV Golf had previously invested $300 million in the Asian Tour over 10 years to jointly launch the "International Series." This partnership was crucial for LIV-affiliated players, who faced bans from the PGA Tour and DP World Tour, as it provided a pathway to earn world ranking points. However, with Saudi Arabia's Public Investment Fund (PIF), the primary financial backer of LIV Golf, announcing an end to its financial support after the current year, the future of LIV's tournaments has become uncertain.

In response to LIV Golf's financial instability, the Asian Tour has moved to strengthen its existing alliances. The tour had a strategic partnership with the DP World Tour from 2016 to 2021, co-hosting events. "When the PGA Tour, DP World Tour, and Asian Tour unite, the foundation of professional golf in Asia will expand," said Jo Min-tant, CEO of the Asian Tour, highlighting the potential benefits of this new collaboration.

Adding to LIV Golf's challenges, the circuit is reportedly facing a lawsuit from Canadian technology firm Mobe Systems Group. The company is seeking $1 million in unpaid fees and damages for breach of contract, alleging that LIV Golf failed to pay for broadcast technology services and unilaterally terminated their contract in May. LIV Golf still has four tournaments scheduled for the remainder of the year, including an event in the UK.

When the PGA Tour, DP World Tour, and Asian Tour unite, the foundation of professional golf in Asia will expand.

โ€” Jo Min-tantCEO of the Asian Tour, commenting on the new strategic alliance.
DistantNews Editorial

Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.