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  5. PGA Tour announces new $3 billion investment and player equity offer

PGA Tour announces new $3 billion investment and player equity offer

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Strategic Sports Group (SSG) will invest approximately $3 billion in the organization's new commercial entity. The deal includes a significant equity program that will reward nearly 200 players who have remained loyal to the PGA Tour and resisted overtures from LIV Golf.

  1. GBThe Times
    1. Players who snubbed Saudis to profit from $3bn deal with Liverpool owners
  2. CACTV News
    1. PGA Tour strikes US$3 billion deal with Fenway-led investment group. Players to get equity ownership
  3. USCNN
    1. PGA Tour announces new $3 billion investment and player equity offer

PGA Championship

  1. PGA Tour of America faces backlash over high ticket prices for Ryder Cup
  2. Jon Rahm plans to leave PGA Tour for LIV Golf
  3. PGA Tour and LIV Golf announce surprising merger

sources

  1. 1.The Times
  2. 2.CTV News
  3. 3.CNN

perspectives

  1. 1.Mergers and acquisitions
  2. 2.Golf

countries

  1. 1.Saudi ArabiaSA
  2. 2.United StatesUS
  3. 3.SpainES
  4. 4.MexicoMX

organizations

  1. 1.Strategic Sports Group
  2. 2.Fenway Sports Group
  3. 3.PGA Tour
  4. 4.LIV Golf Series
  5. 5.Public Investment Fund
  6. 6.Atlanta Falcons
  7. 7.PIF
  8. 8.New York Mets
  9. 9.Korn Ferry Tour
  10. 10.Cleveland Browns
  11. 11.Liverpool FC
  12. 12.Golfcom

persons

  1. 1.Wyc Grousbeck
  2. 2.Arthur Blank
  3. 3.Steven Cohen
  4. 4.Jay Monahan
  5. 5.Tiger WoodsUS
  6. 6.Jordan Spieth
  7. 7.Jon Rahm
  8. 8.Tom Werner
  9. 9.Marc Attanasio
  10. 10.Alec Scheiner
  11. 11.Marc Lasry
  12. 12.Patrick Cantlay

technicals

  1. 1.Ryder Cup