Deals
PGA Tour Considers US Investors to Ease Concerns Over Deal With Saudi-Backed LIV Golf
- PGA received unsolicited interest from outside investors
- Saudi-backed LIV Golf, PGA aim to reach final deal by Dec. 31
Cameron Smith tees off at the LIV Golf Invitational - DC at Trump National Golf Club in Sterling, Virginia on May 27
Photographer: Rob Carr/Getty Images North AmericaThis article is for subscribers only.
High-profile US investors are being considered to help finance the PGA Tour’s transaction with Saudi-backed LIV Golf in an effort to ease political opposition to the deal.
The PGA said it had received unsolicited interest from investors and it has a responsibility to its members, sponsors and fans to evaluate opportunities.