Greg Norman to serve as commissioner of golf league hoping to begin play in 2022, compete with PGA Tour

Golf legend and two-time main champion Greg Norman will function the Chief Govt Officer of LIV Golf Investments as a part of an unveiling of 10 new marquee occasions on the tour over the subsequent 10 years, the Asian Tour introduced on Friday. Norman has additionally been tabbed to function commissioner of the brand new Saudi-funded golf league anticipated to compete with the PGA Tour behind an funding of greater than $200 million.

The sequence of occasions is predicted to start in 2022 with tournaments staged in Asia, the Center East and Europe. The corporate Norman is heading, LIV Golf Investments, is backed by the Public Funding Fund, which is likely one of the largest sovereign wealth funds on this planet that operates on behalf of the Saudi authorities. 

“That is solely the start,” mentioned Norman in a press launch. “LIV Golf Investments has secured a serious capital dedication that will likely be used to create additive new alternatives throughout worldwide skilled golf. We will likely be a cooperative and respectful supporter of the sport at each stage, and right this moment’s announcement alongside the Asian Tour is the primary instance of that.

“I’ve been a staunch supporter and believer in enjoying and creating golf in Asia for greater than 4 many years,” he continued. “The Asian Tour is a sleeping large and we share ambition to develop the sequence and unlock what we consider is critical untapped potential. We see our promotion of those new occasions as a significant first step in supporting rising markets, creating a brand new platform, wealthy with enjoying alternatives that create helpful participant pathways.”

Norman, 66, serves as chairman and CEO of Greg Norman Firm, a enterprise in his namesake with 12 divisions that focuses on attire, non-public fairness, golf design and extra. Nonetheless, he’s anticipated to step away from the enterprise to give attention to his new enterprise with LIV Golf Investments.

“I am unable to do each,” Norman told ESPN. “I am unable to put each toes in each workplace buildings and provides one hundred pc effort. So I made a decision to step away from Greg Norman Firm. I am handing the reins over for the primary time in my life to different people to run my firm.”

Norman gained 20 occasions on the PGA Tour and 88 occasions throughout the course of his illustrious profession together with twice at The Open Championship. 

“That is the one largest improvement within the historical past of the Asian Tour and a serious milestone for skilled golf,” Cho Minn Thant, Commissioner and Chief Govt Officer of the Asian Tour, mentioned in a launch. “The chance will safe unprecedented new enjoying alternatives, set up new participant pathways, enable us to compete commercially with different sports activities, and improve our social agenda.” | Greg Norman to function commissioner of golf league hoping to start play in 2022, compete with PGA Tour


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