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Home»News»Greg Norman will step down as LIV Golf CEO, credit LIV for elevating golf
News December 8, 2024

Greg Norman will step down as LIV Golf CEO, credit LIV for elevating golf

Greg Norman will step down as LIV Golf CEO, credit LIV for elevating golf
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Rumors which were circulating for weeks have now been formally confirmed. Particularly, the CEO of LIV Golf, Greg Norman, can be changed in that place. In an interview with WISH-TV, the well-known face of the golf scene revealed what’s going to occur within the coming interval. Greg believes that LIV Golf is a superb challenge with an enormous perspective.

Nonetheless, he admits that somebody will succeed him within the place of CEO. As well as, the 69-year-old will proceed to be concerned within the operations of LIV Golf, in what capability is unknown. He believes that the Saudi-backed Tour has executed superb issues and had a huge effect on the world of golf. A person who isn’t precisely a favourite determine has no intention of giving up on this challenge.

“I’ve seen it [LIV] come from a business model on paper to giving birth on the golf course to where it is today,” Norman mentioned. “So, I will always be — is there going to be a new CEO? Yes. There will be a new CEO. I’m fine with that. Will I always have a place and be involved with LIV to some capacity? Yes, I’ll always have that. Because the impact that has been created in the game of golf by LIV, I’ve had a small, small piece of that, which I’m proud of.”- Greg Norman said, as quoted by Golf.

Before Norman spoke about the fact that he would stop being the CEO next year, there were already rumors about who could succeed him. It is already being mentioned that this Tour could hire former Harris Blitzer Sports & Entertainment CEO Scott O’Neil as its new CEO. It is still not known how much truth there is in these rumors, but it is obvious that LIV wants to hire a well-known name and someone who could really do amazing things in the position of CEO.

Judging by the reactions of LIV officials, they are happy as Greg was engaged and ready to help the project that appeared on the golf scene two years ago. Norman spoke to the media about the PGA Tour and their ambitions when it comes to the future of this sport. Greg thinks that the emergence of LIV has turned out to be a great thing for the PGA, although many have a completely different opinion.

The 69-year-old placed special emphasis on SSG, which invested as much as $1.5 billion. He points out that although many were critical of LIV, they have now changed their minds. Greg Norman is convinced that many follow LIV. He wants fans to look at the situation realistically and objectively, and realize that the Saudi-backed Tour has done a lot for the world of golf.

Greg Norman© Australian Golf Digest. / Youtube Channel

 

Instantly after Norman confirmed that he will not be the CEO subsequent 12 months, there have been reactions from followers by way of social media. Golf followers, as we’ve already mentioned, are usually not glad along with his journey at LIV, particularly once we know the affect Greg has within the golf neighborhood.

Followers consider that cash is a precedence for Norman. Additionally, many level out that it doesn’t matter what his subsequent operate on this Tour is, Norman will earn enormous cash and attempt to advertise the Saudi-backed Tour.

Some count on that this Tour will weaken over time, and that it’s going to disappear from the golf scene fully. It’s nonetheless not identified how life like that is, however it appears that evidently the primary precedence of each events is to unite. Though a last settlement has not but been reached, most want to see such a situation.

Greg Norman’s response to the merger in April

Negotiations between PIF and the PGA Tour proceed. Again in April, Greg Norman spoke in regards to the followers’ concern that the ultimate settlement wouldn’t be reached. Norman burdened that he’s not conscious of something relating to the negotiations, contemplating that LIV isn’t a part of the negotiations. Their traders are key in these negotiations, however it’s clear that there are obstacles for the PGA Tour and PIF to succeed in a last settlement. There may be nonetheless no answer.

“I would love to give you insight, but I don’t have any.

We at LIV are totally separate from that part of the negotiation. We are a standalone company being invested by the same investor interested in the game of golf.

Our investor wanted to invest in LIV because he loved the opportunity of the franchise model, what he could do with it and how we can build it out on a global platform.”- Greg Norman mentioned.

The long run might be fascinating for the world of golf.

CEO credits elevating golf Greg LIV Norman step
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