LIV Golf star Phil Mickelson smiling on the putting green The golf world has been fractured for years now, ever since LIV Golf launched and siphoned off many of the PGA Tour’s biggest stars including Bryson, Brooks, Phil, DJ, and other golfers so popular their last names aren’t even necessary for you to know who I’m talking about. But the dark days of golf appear to be at its end as there are reports that a PGA Tour-LIV Golf deal is imminent. Af…

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Deal To Unify Golf Is Reportedly Imminent With LIV Golf Taking On Minuscule Stake In PGA Tour

The PGA Tour and Saudi Arabia’s Public Investment Fund reached an agreement for the PIF to invest more than a billion dollars into the Tour’s commercial arm, finalizing a pact that the two sides first announced back in 2023.

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Saudi PIF nearing deal for stake in PGA Tour Enterprises — with one major hold-up

The PIF's investment into PGA Tour Enterprises would fall in line with the valuation set by the Strategic Sports Group

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PGA Tour, LIV Golf's financial backers nearing long-awaited private investment agreement, per report

The latest development in the PIF and PGA Tour merger agreement negotiations is that the former will own 6% of the Tour according to reports.

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PIF close to owning 6% of PGA Tour: Reports

Riyadh - Mubasher: The Public Investment Fund (PIF) is close to reaching a deal to acquire a minority stake in PGA Tour Enterprises, informed sources said. The sources said, according to Bloomberg, on Tuesday, that the sovereign fund is …...

الرياض - مباشر: ذكرت مصادر مطلعة، أن صندوق الاستثمارات العامة يقترب من التوصل إلى صفقة للاستحواذ على حصة أقلية في "بي جي إيه تور إنتربرايزس" (PGA Tour Enterprises). وأفادت المصادر، بحسب وكالة "بلومبرج"، اليوم الثلاثاء، أن الصندوق السيادي يجري …...

وكالة: صندوق الاستثمارات العامة يقترب من الاستحواذ على حصة بـ"PGA Enterprises"

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Agency: Public Investment Fund close to acquiring stake in "PGA Enterprises"

Dec 10, 2024                                                at    1:29 pm ET                 •             2 min read                
More than 18 months after the initial framework agreement between the PGA Tour and LIV Golf’s financial backers was announced, the two parties are appearing to make headway towards a deal.Saudi Arabia’s Public Investment Fund is nearing a deal to acquire a minority stake in PGA Tour Enterprises, according to Bloom…

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PGA Tour, LIV Golf's financial backers nearing long-awaited private investment agreement, per report #InvestmentPlanning #Investment #PropertyInvestment #TodayInvestors #WorldWideInvestors

According to Bloomberg, the PGA Tour are reportedly set to announce that LIV Golf's backers, the PIF of Saudi Arabia, are set to take a 6% stake in the company.

Deal To Unify Golf Is Reportedly Imminent With LIV Golf Taking On Minuscule Stake In PGA Tour

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