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PGA Tour-Saudi Deal May Miss Deadline As Obstacles Grow

Oct 6, 2023

As negotiations continue to stall, the self-imposed Dec. 31 deadline for the PGA Tour, DP World Tour, and Saudi Arabia’s Public Investment Fund to complete a deal to form a new commercial entity could be pushed back.

Recently, the PGA Tour began receiving unsolicited interest from U.S.-based investors looking to potentially join or even replace the PIF in financially backing the future pro golf landscape.

Now, antitrust concerns and how much control will be ceded to PGA Tour players are among the biggest issues slowing talks down, according to Bloomberg.

Source: Front Office Sports

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