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Sep 29, 2023
The PGA Tour’s negotiations with Saudi Arabia’s Public Investment Fund just got a lot more interesting.
Endeavor, Fenway Sports Group, and Henry Kravis, the billionaire founder of private equity firm KKR & Co., are exploring investing in the PGA Tour, according to Bloomberg. Those potential investments could be alongside the PIF — or even offer a completely new opportunity altogether.
The PGA Tour confirmed that PIF negotiations have “resulted in unsolicited interest from other investors,” which could be a move to potentially quell concerns from politicians.
Source: Front Office Sports
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