Greg Norman reports that TIGERWOODS rejected a $1billion offer from Saudi-run LIV Golf Series.

Norman, 67, was a former golfer and is now the face of Saudi Golf. He is responsible for recruiting some of the most well-known players to the new series.

Persuading players is difficult because of the possibility that they will be banned from the PGA tour if their participation in the LIV Golf series.

However, some high-profile figures will make the move including Dustin Johnson and Phil Mickelson - they both will be signed on to fees of PS100million.

Woods is 46 years old and it's difficult to land him. The golf icon was not lured by big-money offers.

Norman said that Woods rejected a deal that was staggeringly huge; we're talking high nine digits.

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Woods has recently returned to the PGA Tour after suffering terrible injuries in a car accident last year.

His physical health has been affected by playing, which led to underwhelming performances at The Masters as well as the USPGA Championship. However, his fans were thrilled to see him back.

He isn't ready to give up on his chance at adding to his major score yet. So he hasn't said no to Norman or LIV Golf.

The first LIV Golf event will take place at the Centurion Club in London.

Monday night's organisers confirmed the 48-player field. It includes 27 of the best 150 golfers in the world.

Mickelson and Johnson are just a few of the top names who have signed up.

However, many prominent players rejected the Saudi offer such as Justin Rose and Ian Poulter.