Jay Monahan preaches patience on PGA Tour getting investment deal with Saudi backers of LIV ...Middle East

By DOUG FERGUSON ATLANTA (AP) — Commissioner Jay Monahan spent 20 minutes Wednesday talking about momentum from a $1.5 billion private equity investment in the PGA Tour at the start of the year. When it came to an investment deal with Saudi backers of LIV Golf, he preached patience. Monahan said a deal with the Public Investment Fund of Saudi Arabia remains a priority, though he said there was no deadline. “I don’t think we want to restrict ourselves in that way,” Monahan said at the season-ending Tour Championship. “We want to achieve the best and right outcome at the right time.” It was a stark contrast to a year ago at East Lake. Monahan agreed to a stunning deal with PIF on June 6, 2023,

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