US Sports Consortium to Invest Billions in PGA Tour
A US sports consortium, backed by the Saudi Public Investment Fund, is planning a major investment in the PGA Tour, according to anonymous sources. The Strategic Sports Group, which includes influential figures such as Steve Cohen and Marc Lasry, aims to provide the PGA Tour with a nine-figure investment, potentially totaling $3 billion. This significant influx of funding could boost the valuation of PGA Tour Enterprises to $12 billion. The consortium’s investment comes at a pivotal time for the PGA Tour as it faces off against rival organization LIV Golf and deals with the aftermath of a controversial merger announcement.
Exclusive Access: Unlock Premium, Confidential Insights
Unlock This Exclusive Content—Subscribe Instantly!
Login if you have purchased
