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PGA TOUR rejects $1.5 billion LIV Golf investment

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"We appreciate Yasir's innovative vision, and we can see a future where we welcome him on to our board and work together to move the global game forward," PGA Tour commissioner Jay Monahan said at Th...
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"There’s a need and demand for what LIV Golf provides."
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PGA Tour rejects $1.5 billion offer from Saudi Arabia's Public Investment Fund, per reports
It has been nearly two years since the PGA Tour and PIF announced a framework agreement to combine commercial operations under a new for-profit entity. That entity has since been dubbed PGA Tour Enterprises, which last year received a $1.5 billion injection from the Strategic Sports Group, a consortium of U.S. pro sports team owners and investors.
Report: PGA Tour rejects $1.5B offer from Saudi investment fund
It doesn't look like the PGA Tour and Saudi Arabia's Public Investment Fund will be settling their differences any time soon. ESPN sources confirmed that the PGA Tour has rejected the PIF's recent offer to invest $1.
PGA Tour Reportedly Turns Down $1.5 Billion From Saudi Arabia’s PIF Over LIV Golf Ultimatum
It's been close to two years since the golf world was treated to a bombshell report that asserted the PGA Tour had agreed to a merger with Saudi Arabia's
Phil Mickelson says ‘there’s a need and demand’ for LIV Golf amid ongoing negotiations with PGA Tour
Phil Mickelson admitted to stark differences between the PGA Tour and LIV Golf on Friday, but the six-time major winner believes there is a "need and demand" for what LIV offers.
President Trump reiterates desire to see PGA Tour-LIV to end civil war and merge: Would be a great thing’
President Donald Trump reiterated his hope for a reunification of golf while aboard Air Force One on his way to Florida on Thursday.
Golf’s truce is a sham – LIV is happy to go it alone, Trump-style
Perhaps it was appropriate that, a day after President Trump announced his extraordinary tariff revolution, LIV Golf enthusiastically greeted him to this Doral resort that he owns and that, this weekend,
On3 on MSN8h
Report: PGA Tour rejects $1.5 billion investment offer from Saudi Arabia’s PIF over LIV Golf continuation
The PGA Tour has rejected the Saudi Arabia Public Investment Fund’s (PIF) most recent offer to invest $1.5 million into PGA Tour Enterprises, the tour’s for-profit entity, with assurance that LIV Golf could remain in its current form,
Golf Digest on MSN8h
PGA Tour rejects $1.5 billion reunification offer from Saudi Arabia PIF
The PGA Tour has rejected a $1.5 billion reunification offer from Saudi Arabia’s Public Investment Fund. The Guardian was the first to report on the development.
Report: PGA Tour Declines Saudi PIF Proposal, Leaving Reunification in Doubt
The Saudi Arabia Public Investment Fund wanted assurances that LIV Golf could continue in its current form but the PGA Tour said that was unacceptable.
Yardbarker on MSN8h
PGA Tour-LIV Golf merger hits speed bump after $1.5 billion rejection
It's been almost two years since the PGA Tour and PIF signed a framework agreement to reunify the sport, but the two sides aren't much closer to a merger today than they were in 2023.
Taipei Times7h
PGA stands firm despite US$1.5 billion Saudi offer
Saudi Arabia’s Public Investment Fund (PIF) has failed in an attempt to persuade the PGA Tour to deliver serious concessions in exchange for a US$1.5 billion investment, leaving elite golf no closer to reconciliation just days from the season’s first major.
Nick Faldo slams ‘soft’ LIV players with rebel golf league at $1.5 billion crossroads
Saudi Arabia’s Public Investment Fund has financed LIV Golf since its inception in 2022, poaching some of the biggest names from the PGA Tour in the process such as Dustin Johnson, Brooks Koepka, Bryson DeChambeau, Phil Mickelson and Jon Rahm.
Newcastle-supporting influencers criticised for promoting trips to Saudi Arabia
Several influencers have posted videos encouraging Newcastle supporters to visit Saudi Arabia following last month's Carabao Cup win.
Golf Digest on MSN1d
Masters 2025: Was Augusta National behind the proposed deal between the PGA Tour and Saudi Arabia?
Two years after the shocking proposed alliance between the PGA Tour and Saudi Arabia's Public Investment Fund, a coherent explanation for why bitter adversaries suddenly became bedfellows—and why this seismic arrangement was negotiated in secrecy by an astonishingly small circle of unelected power brokers—remains elusive.
Lucid sales surge as buyers shun Tesla.
The Newark, Calif.-based automaker reported a brisk uptick in deliveries for the first quarter of 2025. Lucid sold 3,109 vehicles, a 44 percent increase year over year. The company said it produced 2,
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