PGA Tour Commissioner Monahan aims for a deal with Saudi Arabia's Public Investment Fund to invest in PGA Tour Enterprises.
PGA Tour Commissioner Jay Monahan is confident about reaching a successful outcome with the Public Investment Fund of Saudi Arabia, despite ongoing negotiations remaining private. Monahan believes negotiating a deal with PIF is the best outcome and sees a shared vision to enhance global golf growth. The deal would involve PIF investing in PGA Tour Enterprises. The PGA Tour has also partnered with Strategic Sports Group, which invested $3 billion to form new PGA Tour Enterprises.
March 12, 2024
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