Rory McIlroy on Wednesday was in a conciliatory mood on Wednesday following the stunning merger of the PGA Tour and DP World Tour with the Saudi Arabia-backed LIV Golf. However, he insisted that those who broke away at the beginning should not be granted an automatic return.
McIlroy was one of the staunchest critics of LIV Golf since the tour launched late in 2021. But the Northern Irishman said the deal that was announced on Tuesday will secure the financial future of the sport.
"I think ultimately, when I try to remove myself from the situation and I look at the bigger picture and I look at 10 years down the line, I think ultimately this is going to be good for the game of professional golf," McIlroy said, ahead of the Canadian Open in Toronto.
"It unifies it and it secures its financial future."
The landmark announcement on Tuesday brought to an end a two-year long dispute between the PGA Tour, Europe's DP World Tour and the Saudi-backed series.
After dropping all legal proceedings emanating from numerous lawsuits, the three organisations said in a joint news release they will work together to allow a process for LIV Golf players to reapply for membership on the PGA Tour and DP World Tour.
According to the new deal, Saudi Arabia's sovereign wealth fund PIF will make capital investment into the combined entity.
While McIlroy and Tiger Woods remained loyal to the PGA Tour and refused mega contracts worth hundreds of millions of dollars, LIV Golf was successful in securing a number of big-name players, including star Phil Mickelson, former world No 1 Dustin Johnson, reigning PGA Championship winner Brooks Koepka and Australian Cameron Smith.
That led to bad blood between many of the top players and two years of stand-off at all levels of the sport.
McIlroy said that even though a new deal is in place, there should not be an easy way back for the players who walked away from the established Tours.
"There still has to be consequences to actions," McIlroy said.
"The people that left the PGA Tour irreparably harmed this tour, started litigation against it. Like, we can't just welcome them back in. That's not going to happen."
McIlroy said he still had confidence in PGA Tour commissioner Jay Monahan, who reportedly faced calls to resign from several players.
"I've dealt with Jay a lot closer than a lot of those guys have and from where we were a couple of weeks ago to where we are today, I think the future of the PGA Tour looks brighter as a whole," McIlroy said.
"What that looks like for individual players in keeping a Tour card, bringing players back into the fold and then that (means) sacrifices for other people, that's where the anger comes from.
"I understand that and there still has to be consequences to actions. The people that left the PGA Tour irreparably harmed this Tour, started litigation against it."
RESULTS
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What's%20in%20my%20pazhamkootan%3F
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GIANT REVIEW
Starring: Amir El-Masry, Pierce Brosnan
Director: Athale
Rating: 4/5
The biog
Full name: Aisha Abdulqader Saeed
Age: 34
Emirate: Dubai
Favourite quote: "No one has ever become poor by giving"
Pad Man
Dir: R Balki
Starring: Akshay Kumar, Sonam Kapoor, Radhika Apte
Three-and-a-half stars
What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.
The biog
Favourite book: You Are the Placebo – Making your mind matter, by Dr Joe Dispenza
Hobby: Running and watching Welsh rugby
Travel destination: Cyprus in the summer
Life goals: To be an aspirational and passionate University educator, enjoy life, be healthy and be the best dad possible.
Ferrari 12Cilindri specs
Engine: naturally aspirated 6.5-liter V12
Power: 819hp
Torque: 678Nm at 7,250rpm
Price: From Dh1,700,000
Available: Now
Electric scooters: some rules to remember
- Riders must be 14-years-old or over
- Wear a protective helmet
- Park the electric scooter in designated parking lots (if any)
- Do not leave electric scooter in locations that obstruct traffic or pedestrians
- Solo riders only, no passengers allowed
- Do not drive outside designated lanes
WIDE%20VIEW
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Washmen Profile
Date Started: May 2015
Founders: Rami Shaar and Jad Halaoui
Based: Dubai, UAE
Sector: Laundry
Employees: 170
Funding: about $8m
Funders: Addventure, B&Y Partners, Clara Ventures, Cedar Mundi Partners, Henkel Ventures
The biog
Favourite hobby: taking his rescue dog, Sally, for long walks.
Favourite book: anything by Stephen King, although he said the films rarely match the quality of the books
Favourite film: The Shawshank Redemption stands out as his favourite movie, a classic King novella
Favourite music: “I have a wide and varied music taste, so it would be unfair to pick a single song from blues to rock as a favourite"