Report: PGA Tour Closing In On Investment Deal With Strategic Sports Group ...Middle East

The PGA Tour is closing in on a deal with Strategic Sports Group, a consortium of US sports owners, with money set to be invested in the Tour as early as next week, according to reports. In December, the Tour confirmed that they had been advancing in negotiations with Strategic Sports Group alongside their talks with Saudi Arabia’s Public Investment Fund (PIF). And now it appears that the deal is close to completion, according to a report by Sportico. The agreement will see the partner invest in the Tour’s newly-created for-profit entity, PGA Tour Enterprises, helping to cover the domestic rights deal. It is unclear, at present, how much the deal will be worth but it is said to be less th

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