The PGA Tour has finalized a $3 billion investment deal with a group led by Fenway Sports Group. The deal includes equity ownership for players and operational experience from Strategic Sports Group. LIV Golf's reaction and the potential involvement of Greg Norman and Saudis in the deal are also highlighted. The investment is expected to give players access to more than $1.5 billion as equity owners in the new PGA Tour Enterprises.
LIV Golf was given an opportunity on Sunday. So did it take advantage? https://t.co/CyQqo2zQU4 https://t.co/9Sr42OL2hF
The PGA Tour has signed a $3 billion investment agreement with a consortium led by Fenway Sports Group, as talks with Saudi Arabia's Public Investment Fund remain ongoing. https://t.co/xw6X3VWpbR
The PGA Tour is getting a $3 billion investment in a deal that would give players access to more than $1.5 billion as equity owners in the new PGA Tour Enterprises. 🏌️♂️ #PGATour https://t.co/uyIi0xbOLv
NEW: PGA Tour received $3 billion from SSG and Greg Norman, LIV Golf not fazed | D'Angelo https://t.co/gpciGXBPPv via @pbpost
After weeks of anticipation, the PGA Tour at last completed an investment deal of up to $3 billion with Strategic Sports Group. The Tour also gains a deep well of operational experience in SSG — led by Fenway Sports Group — involving nearly every U.S. major sport.
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PGA Tour Finalizes $3 Billion Deal With American Sports Owners, Saudis Not Involved...Yet https://t.co/vjsKENZZM5 https://t.co/qeyFEdtvof
PGA Tour strikes $3 billion deal with Fenway-led investment group; players to get equity ownership https://t.co/MFvvgcx0M5
LIV golfers react to PGA Tour's deal with Strategic Sports Group https://t.co/9o68VuOByK
PGA Tour strikes $3 billion deal with Fenway Sports Group-led investment group. https://t.co/x1l6taGOEZ https://t.co/ij3gpFcvje