Tiger Woods has decided to take an "indefinite break" from professional golf to focus on his personal life.
The golfer is presently in his Orlando, Fla., area home, recovering from injuries he suffered during an accident outside his house.
Woods has been apologetic about after his multiple affairs, which were exposed following the accident.
He has now come up with a third statement on his official website after the incident.
"I am deeply aware of the disappointment and hurt that my infidelity has caused to so many people, most of all my wife and children," the New York Times quoted him as saying on the website.
He added: "I want to say again to everyone that I am profoundly sorry and that I ask forgiveness. It may not be possible to repair the damage I've done, but I want to do my best to try.
"I would like to ask everyone, including my fans, the good people at my foundation, business partners, the PGA Tour, and my fellow competitors, for their understanding.
"What's most important now is that my family has the time, privacy, and safe haven we will need for personal healing.
"After much soul searching, I have decided to take an indefinite break from professional golf. I need to focus my attention on being a better husband, father, and person."
Meanwhile, the PGA Tour has issued a statement supporting Woods' step.
The Tour statement said: " "We fully support Tiger's decision to step away from competitive golf to focus on his family.
"His priorities are where they need to be, and we will continue to respect and honor his family's request for privacy. We look forward to Tiger's return to the PGA Tour when he determines the time is right for him."