Before the PGA Tour and LIV Golf announced they were merging, the two parties were engaged in talks about what a single golf organization would look like that included a proposal for Tiger Woods and Rory McIlroy to own a LIV Golf team.
Per documents from the U.S. Senate Permanent Subcommittee on Investigations obtained by ESPN's Mark Schlabach and Tisha Thompson, the proposal was made during an April meeting led by private equity firm PCP Capital Partners, which was advising LIV, as part of a "slide show presentation" about a potential long-term agreement between the PGA Tour and Saudi Arabia Public Investment Fund.