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LOS ANGELES. – Tiger Woods said the PGA Tour’s negotiations with Saudi Arabia’s Public Investment Fund are ongoing but that the Tour is “in a great position” after securing a $3 billion investment last month from a consortium of US sports team owners.
The deal with Strategic Sports Group (SSG) allows for co-investment with the Public Investment Fund (PIF), which controls LIV Golf, but those talks continue to drag on.
“SSG, we have solidified our agreement with them and PIF is still ongoing and we’re still negotiating,” Woods told reporters the day before he makes his first start of the PGA Tour season at the Genesis Invitational at Riviera Country Club. — Reuters
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