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

organizations

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

persons

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

technicals

  1. 1.Ryder Cup