Report: LIV Golf to pay £100,000 fines on behalf of DP World Tour players
LIV Golf is set to offer assurances for the rebels who left the DP World Tour to play in their first event at Centurion Golf Club near London.
LIV Golf is reportedly prepared to pay the fines of the 17 DP World Tour players that were sanctioned as a result of their involvement in the new breakaway series.
According to James Corrigan of The Telegraph, the rebel circuit commissioned by Greg Norman will cover each £100,000 fine given to the players who played at Centurion Golf Club.
It is unclear whether LIV Golf will pledge £1.7 million to the DP World Tour, but the players have allegedly been given assurances for their decision to defect.
On Friday, the old European Tour issued these hefty fines and banned each of the 17 players from playing in the Genesis Scottish Open, the Barbasol Championship and the Barracuda Championship.
The fines will be reinvested into prize funds on the DP World Tour and used through the tour's Golf for Good programme for deserving charitable causes.
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According to an agent of one LIV Golf rebel, they are concerned as to when LIV Golf will cough up the financial assurances inside the 14-day deadline for the fines to be paid.
Further reports have suggested fines could double for every LIV Golf event that each player participates in, but there is nothing concrete on further sanctions at the moment.
Bernd Wiesberger, Graeme McDowell, Laurie Canter, Lee Westwood, Sergio Garcia and Martin Kaymer are some of the big names from the DP World Tour who have been sanctioned.
Keith Pelley, CEO of the DP World Tour, was patient in his response to the LIV Golf Invitational Series whereas the PGA Tour suspended players during the first round of the event in Hertfordshire.
"Every action anyone takes in life comes with a consequence and it is no different in professional sport, especially if a person chooses to break the rules. That is what has occurred here with several of our members," said Keith Pelley, the chief executive of the DP World Tour.
"Many members I have spoken to in recent weeks expressed the viewpoint that those who have chosen this route have not only disrespected them and our Tour, but also the meritocratic ecosystem of professional golf that has been the bedrock of our game for the past half a century and which will also be the foundation upon which we build the next 50 years.
"Their actions are not fair to the majority of our membership and undermine the Tour, which is why we are taking the action we have announced today."