Tiger Woods is set to make a massive investment of £760 million as details of the merger are revealed.

Tiger Woods and Jay Monahan are part of a PGA Tour delegation in New York this week to meet with Saudi Arabia’s PIF about a possible investment.

Tiger Woods and other PGA Tour officials are due to meet members of the Saudi Public Investment Fund (PIF) on Tuesday to discuss a possible peace deal with LIV Golf. The PGA Tour has been in talks with the PIF since tour commissioner Jay Monahan and Saudi Arabian President Yasir Al-Rumayyan unexpectedly announced a framework agreement last June.

But more than a year later, no deal has been finalized, leading to growing frustration among fans and players. Nevertheless, talks are still ongoing, with ESPN reporting that Woods, Monahan and others are in New York to meet with their Saudi counterparts to move things forward.

Little public information has been released about the negotiations in recent months, but Monahan offered some insight into the current situation at the recent Tour Championship at East Lake. “Look at where we are now: we are in regular dialogue, the right people with the right attitude are sitting at the negotiating table,” he commented.