The DP World Tour said this new chapter for global ‌golf is effective immediately and runs through at least 2029, creating new commercial and playing opportunities while establishing pathways for leading Asian ‌Tour members to join European circuits starting in 2027.

The alliance is a potential setback for LIV Golf, which is already seeking alternative funding sources after Saudi Arabia's Public Investment Fund announced earlier this year that it would pull the financial plug ​at the end of this season.

"Bringing the three Tours together under one partnership will increase the bandwidth of the ‌professional game in Asia," said Cho Minn Thant, commissioner and CEO of the Asian Tour. 

"Not only will co-sanctioning events see our members competing regularly on the global stage, but we are excited to welcome players from the other Tours to our pinnacle events, which showcase the strength and diversity of golf in Asia."

The Asian Tour has had a relationship with LIV Golf since ‌the rival Saudi Arabia-backed ‌tour launched in ⁠2022. LIV Golf invested millions in the Asian Tour and created the International Series

Before that, the DP World Tour had an alliance with the Asian Tour and co- sanctioned events from 2016-21. The new relationship is expected to feature at least two co-sanctioned Asian Tour events in each of the next three years.

World No. 2 Rory McIlroy of Northern Ireland posted about the alliance on X.

"Positive news," he wrote, "and great to see the respective tours ​working together for the good of international golf."

Ben Cowen, chief tournament ‌and operations ​officer for the DP World Tour, said: "We are delighted to rekindle our historic relationship with the Asian Tour and indeed strengthen it with the addition of the ⁠PGA TOUR to our new partnership," said 

"As Golf's Global Tour, we bring together the best international talent, and the formal pathways established ​by this partnership ‌will provide unprecedented international opportunities for Asian Tour members. Our agreement, therefore, represents not only a hugely positive step for golf in Asia but also an exciting new era of collaboration for our game globally.

"PGA Tour senior vice president of international Christian Hardy praised the three tours' "shared vision for the future of professional golf."