PGA Tour Announces, Surprise Partnership With, Rival Golf Tours.br CNN reports that the PGA Tour is poised to partner br with LIV Golf, bringing an end to a feud that br has impacted the sport for the past year.br On June 6, the PGA Tour made the surprising br announcement, stating that the partnership br was meant to "unify the game of golf.".br On June 6, the PGA Tour made the surprising br announcement, stating that the partnership br was meant to "unify the game of golf.".br The parties have signed an agreement that br combines PIF’s golf-related commercial br businesses and rights (including LIV Golf) br with the commercial businesses and rights br of the PGA Tour and DP World Tour into br a new, collectively owned, for-profit entity, PGA Tour announcement, via CNN Sports.br The parties have signed an agreement that br combines PIF’s golf-related commercial br businesses and rights (including LIV Golf) br with the commercial businesses and rights br of the PGA Tour and DP World Tour into br a new, collectively owned, for-profit entity, PGA Tour announcement, via CNN Sports.br According to a spokesperson for the PGA Tour, br the new relationship is not a merger, rather , “a partnershipcreation of a new commercial entity.”.br In June of 2022, the LIV Golf series br launched with the support of br Saudi Arabia's Public Investment Fund (PIF). .br However, players who participated br in the LIV Golf series were subsequently br banned from competing in PGA events.br CNN reports that the PIF is a sovereign wealth br fund headed by the Crown Prince of br Saudi Arabia, Mohammed bin Salman.br CNN reports that the PIF is a sovereign wealth br fund headed by the Crown Prince of br Saudi Arabia, Mohammed bin Salman.br Since the launch of the LIV Golf series, the two rival br tours have taken part in a number of legal battles.br Since the launch of the LIV Golf series, the two rival br tours have taken part in a number of legal battles.br CNN reports that the new partnership would br mutually bring those pending cases to a close.br Together we will be stronger than ever br and well positioned to continue to bring br the game to all corners of the globe. br To partner in this new entity and influence br the growth of the game for all our DP World br Tour members is energizing and exciting, Keith Pelley, Chief Executive of br the DP World Tour, , via CNN Sports.br Together we will be stronger than ever br and well positioned to continue to bring br the game to all corners of the globe.