Tiger Woods is confident the US PGA Tour merger agreement with Saudi backers of the LIV Golf League will be completed, vowing to make the best deal for players.
The 15-time major winner is among six players on the Tour Policy Board that must approve the framework deal by a December 31 deadline or risk a return to golf’s civil war.
“I’m confident a deal will get done in some way, whether that comes December 31 or it’s pushed back,” Woods said ahead of his return to competition after ankle surgery at this week’s Hero World Challenge in the Bahamas.
“All the parties are talking and we’re aggressively working on trying to get a deal done. All sides understand we’re working together. There are no lawsuits. Everyone’s working right now with no animosity.”
Woods, who joined the policy board five months ago, wants a faster process.
“I’m pleased at the process and how it has evolved,” Woods said. “Also, frustrated at some of the slowness at the change we wanted to happen. December 31 is coming up very quickly.
“We’re looking at all options and trying to figure out what’s the best deal for the players. There’s a lot of moving parts to that.”
Woods said he was frustrated and shocked like many players when the PGA-LIV framework deal was unveiled by PGA Tour commissioner Jay Monahan in June, stunned such a major move would be made without player input ― a situation Woods said won’t be repeated.
“I was very surprised the process was what it was and we were very frustrated at what happened,” Woods said.
“We took steps going forward to ensure players were not going to be left out of the process like we were. Part of that was putting me onto the board and accepting that position.
“We can’t let that happen again.”
Asked if he still had faith in Monahan, Woods said: “I did have faith in Jay and in what he could do going forward and what can’t happen again.
“He understands what happened prior can’t happen again and won’t happen again.”
Other private equity partners have pitched a deal to invest in the PGA Tour if the deal with Saudi Arabia’s Public Investment Fund (PIF) falls through.
“We have multiple options but we would like to have a deal done December 31,” Woods said. “But there are other options out there.”
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