Page 17 - Webb Simpson News Today

The PGA Tour has agreed a private equity deal worth around $US3bn with a group of investors led by the Fenway Sports Group, which owns Liverpool FC.

Count Jordan Spieth among those who believe the PGA Tour doesn't need any type of merger or agreement with Saudi Arabia's Public Investment Fund, which funds…

The US PGA Tour announced a deal worth up to $3 billion with a group of billionaire sports team owners on Wednesday to create a for-profit entity, PGA Tour Enterprises. The commercial venture partnership with Strategic Sports Group (SSG), under the PGA Tours control, offers nearly ..

PEBBLE BEACH, Calif. (AP) — The sure sign of a glorious day at Pebble Beach is when even the players stop to take pictures. Justin Thomas couldnt resist on the 18th tee, a view that illustrated why Robert Louis Stevenson called it the "most felicitous meeting of land and sea.”

The original field was finalized late last Sunday night with the release of the updated Official World Golf Ranking. But it changed Tuesday morning when Tyrrell Hatton left the PGA Tour to compete on the LIV Golf circuit.

Strategic Sports Group is led by Fenway Sports Group and includes owners Wyc Grousbeck of the Celtics, as well as Tom Werner and John Henry of the Red Sox.

Breaking News, Sports, Manitoba, Canada

Breaking News, Sports, Manitoba, Canada

The PGA Tour is getting a $3 billion investment from Strategic Sports Group

Tour players will now be offered equity, and the Tour remains open to the possibility of future investment from the Saudi-backed PIF.