Tiger Woods and Serena Williams are officially business partners, with Rory McIlroy are Venus Williams also involved.
Ohanian and Serena's 5-year-old daughter Olympia and any future children will also hold equity in the club through a trust.
Ohanian will be the controlling owner, as each TGL team is required to have an owner who holds at least 33.3% of team equity and at least 51% of voting shares,"I like betting big—and betting early—on things in sports," Ohanian, who is the control owner of NWSL club Angel City FC, said in an interview."What's so attractive about this is that you've already got a globally recognized, incredibly popular sport, with the best players in the world committed.
Ohanian and Serena already have one investment in Los Angeles sports with the NWSL's Angel City. Serena and Venus are also both minority owners of the NFL's Miami Dolphins, in addition to considerable number of other business ventures.TGL is a tech-infused brand of team golf partnered with the PGA Tour, which Woods and McIlroy not coincidentally championed against LIV Golf up until the two sides merged earlier this week.
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