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THE TRUTH ABOUT: 3 | History Defined

Top Players To Get Bulk Of Equity In New PGA Tour Venture: Reports

The PGA Tour's new for-profit entity will dish out over 80% of the initial $930 million of player equity grants to its top 36 golfers, according to a leaked memo reported by US media on Wednesday.

International Business Times · Feb 8, 2024

'We're The First' - Tiger Woods Excited To Be Making 'Sports History' With PGA Tour Equity Deal

Tiger Woods says he's excited to be making "sports history" with the new deal allowing players to become equity owners of the new PGA Tour Enterprises company

Golf Monthly · Feb 2, 2024

Patrick Cantlay Hopes SSG Deal 'Brings About Change' For Long Suffering Golf Fans

Patrick Cantlay says the SSG investment strengthens the PGA Tour and has now targeted improving the game for golf fans

Golf Monthly · Feb 2, 2024

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LIV Golf Chairman Yasir Al-Rumayyan updates players on potential future investment in PGA Tour Enterprises

The letter comes a day after the PGA Tour secured a $3 billion investment from the Strategic Sports Group.

USA Today Sports Media Group · Feb 1, 2024

PGA Tour Secures Billion Investment, Players Become Owners

The PGA Tour announces a billion investment from Strategic Sports Group, allowing players to become equity owners in the new PGA Tour Enterprises.

Does The PGA Tour Still ‘Need’ PIF Money? Jordan Spieth Discusses New $3bn SSG Deal

Jordan Spieth says the Strategic Sports Group investment means the PGA Tour is not dependent on the Saudi PIF - who must now meet the players' demands to do a deal

Golf Monthly · Feb 1, 2024

Lynch: The PGA Tour’s new billions will further enrich players, so when will fans see a return?

This deal likely portends a radical (and long overdue) reassessment of the Tour’s product and operations.

USA Today Sports Media Group · Jan 31, 2024

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‘Any investment into the game of golf is gigantic’: LIV Golf players react to $3 billion outside investment in PGA Tour

"What I can say is that any investment into the game of golf is gigantic, especially on their side," said DeChambeau.

USA Today Sports Media Group · Jan 31, 2024

Keith Pelley Responds To PGA Tour’s New $3bn Deal

The DP World Tour CEO has written to members following the announcement that the Strategic Sports Group is investing $3bn in the PGA Tour

Golf Monthly · Jan 31, 2024

PGA Tour unveils $3bn partnership deal to reward players who resist LIV

The PGA’s funding comes via a consortium led by the owners of Liverpool FC and will benefit marquee names such as Rory McIlroy and Tiger Woods

The Guardian - UK · Jan 31, 2024

PGA Tour strikes a $3 billion deal with a sports owners investment group

The PGA Tour is getting a $3 billion investment from Strategic Sports Group in a deal that would give players access to more than $1.5 billion as equity owners in the new PGA Tour Enterprises.

WEKU · Jan 31, 2024

PGA Tour pros, fans and media react to PGA Tour and Strategic Sports Group $3 billion deal

The landscape of golf is changing.

USA Today Sports Media Group · Jan 31, 2024

PGA Tour Confirms $3 Billion Investment - But The Saudi PIF Isn’t Involved (Yet)

The historic deal is set to give PGA Tour players the chance to collectively access $1.5 billion in equity shares, while investment from the Saudi PIF may still arrive in the future as the men's pro game aims for some kind of unity

Golf Monthly · Jan 31, 2024

Strategic Sports Group, PGA Tour finalize $3 billion investment deal to create PGA Tour Enterprises

SSG will initially invest $1.5 billion into the new for-profit entity.

USA Today Sports Media Group · Jan 31, 2024

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USA Today Sports Media Group · Jan 27, 2024

Report: Outside group may begin massive PGA Tour investment as early as next week

The Strategic Sports Group (SSG) may begin its PGA Tour investment sooner rather than later.

The Hindu · Jan 19, 2024

Karnataka High Court directs FRRO to deport ‘suspicious’ Bangladeshi woman without insisting on payment of fee

The High Court of Karnataka has directed the Foreigners Regional Registration Office (FRRO) to allow a 46-year-old Bangladeshi woman to leave the country without insisting on any fee when not only her actions in India were suspicious, but she also had links with the officers of the Special Services Group…

USA Today Sports Media Group · Jan 16, 2024

Meet the Strategic Sports Group investors, PGA Tour and Saudi PIF executives vying for a place in pro golf’s future

Both tours, the SSG and PIF have an unprecedented opportunity to reshape professional golf as we know it.

Golf Monthly · Jan 15, 2024

‘The Model Is Broken At The Purse Sizes We’ve Been Going The Last Year’ - Major Winner Hoping More Sponsors Don’t Quit PGA Tour

In an exclusive interview with Golfweek, Webb Simpson claims increased purse sizes are leading to sponsors pulling out

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USA Today Sports Media Group · Jan 14, 2024

PGA Tour board member Webb Simpson on greed in golf, why legacy still matters and why he’s concerned more sponsors may bail

Webb Simpson, as always, offered his perspective on the world of golf.

Golf's Uncertain Landscape: Rahm, LIV Golf, and the Future

The PGA Tour begins a new year at Kapalua, with the beautiful views contrasting the fractured landscape of golf. Jon Rahm's defection to Saudi-funded LIV G...

Golf Monthly · Jan 2, 2024

Report: PGA Tour Outline New Date To Complete Merger Negotiations As Original Deadline Pushed

The PGA Tour said that "meaningful progress" has been made with the PIF, SSG, and DP World Tour but the deadline for negotiations to be completed has been pushed back

The Independent UK · Jan 1, 2024

Deadline for PGA Tour’s crucial talks with Saudi Public Investment Fund pushed back

Discussions about the future of golf have been complicated by the emergence of interest from private equity groups

USA Today Sports Media Group · Dec 31, 2023

PGA Tour updates players on investors as negotiations with Saudi Arabia’s Public Investment Fund extend into 2024

The framework agreement discussions will extend into 2024 after the Dec. 31 deadline was missed.

USA Today Sports Media Group · Dec 10, 2023

PGA Tour policy board ‘advances discussions’ with investors, still talking to Saudi Arabia’s PIF

A PGA Tour Policy Board memo anticipates a "positive outcome for all players and the PGA Tour as a whole."

The Hindu · Sep 22, 2023

A.P. Assembly proceedings: Bill seeking to provide Special Security Group to Chief Minister passed

AP Govt. passes Bills to create SSG, convert APVVP into Directorate of Secondary Health, use Aadhaar for targeted delivery of subsidies. SSG to provide proximate security to CM and family; APVVP to be converted to ensure autonomy; Aadhaar to identify beneficiaries for various schemes.

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