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Report: PGA Tour rejects $1.5B offer from Saudi investment fund

  • The PGA Tour rejected a $1.5 billion investment offer from the Saudi Public Investment Fund, as reported by Mark Schlabach from ESPN.
  • The PGA Tour seeks one unified golf circuit, while the Saudi Public Investment Fund wants to keep LIV Golf intact, leading to negotiation challenges.
  • PGA Tour commissioner Jay Monahan stated there is a sense of urgency to reach a resolution with all parties involved.
  • New LIV Golf CEO Scott O'Neil expressed confidence in LIV's future, stating they do not need a deal with the PGA Tour to survive.
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Report: PGA Tour rejects $1.5B offer from Saudi investment fund

It doesn't look like the PGA Tour and Saudi Arabia's Public Investment Fund will be settling their differences any time soon.

·Georgia, United States
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Tennis World broke the news in United States on Friday, April 4, 2025.
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