Loyal PGA golfers set to benefit from private equity deal
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.
Source: rnz.co.nz
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Jordan Spieth: I Don't Think PIF Deal is 'Needed' After $3B SSG, PGA Tour Agreement
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…
Source: bleacherreport.com
PGA Tour Makes Deal Worth Up To $3 Bn To Create For-profit Entity
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 ..
Source: urdupoint.com
Pebble Beach trades heritage for $20 million elite status
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 couldn't resist on the 18th tee, a view that illustrated why Robert Louis Stevenson called it the "most felicitous meeting of land and sea.”
Source: eldoradonews.com
AT&T Pebble Beach Pro-Am: Hatton out, signs with LIV
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.
Source: montereyherald.com