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Webb Simpson offers to resign from PGA Tour board. But only if McIlroy replaces him, AP source says
Stellar Signals news portal2024-04-25 12:24:28【business】3People have gathered around
IntroductionA plan is in place for Rory McIlroy to rejoin the PGA Tour board, a move that would require the boar
A plan is in place for Rory McIlroy to rejoin the PGA Tour board, a move that would require the board’s approval and could be viewed as a chance to help to improve stalled negotiations with the Saudi financial backers of LIV Golf.
McIlroy resigned from the board in November, saying he felt he could no longer commit the time and energy required with the PGA Tour trying to finalize an agreement with the Public Investment Fund of Saudi Arabia.
The deal with PIF was not finalized, and the PGA Tour instead took on Strategic Sports Group as a minority investor in a deal that could be worth as much as $3 billion.
Webb Simpson, one of the six player directors on the PGA Tour board and PGA Tour Enterprises board, has submitted a letter saying that he wants to resign as a player director but only if McIlroy replaces him, according to a person who has seen the letter.
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