‘We’re in a great position’: Tiger Woods claims PGA Tour doesn’t need PIF cash
by Ewan Murray from US news | The Guardian on (#6JMVY)
- Woods joins Jordan Spieth in casting doubt on PIF deal
- Strategic Sports Group has great leaders' and amazing brains'
Tiger Woods has become the latest golfer to fire a warning to Saudi Arabia that the PGA Tour is no longer reliant on investment from its Public Investment Fund. The split in top-level golf, between those operating on the PGATour and those who perform on the Saudi-backed LIV circuit, appears no closer to being repaired.
The PGA Tour announced recently that it had agreed a $3bn (2.39bn) deal with Strategic Sports Group (SSG), a consortium led by the Fenway Sports Group. As part of that, players such as Woods will be afforded huge levels of equity.
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