Mark Schlabach and Don Van Natta Jr.Oct 12, 2023, 03:01 PM ET3 Minute Read
The PGA Tour said in a memo to players Wednesday night that it remains focused on reaching a definitive agreement with Saudi Arabia’s Public Investment Fund and the DP World Tour, but it is also receiving interest from other potential investors.
The memo sent to players by PGA Tour senior vice president Jason Gore said “the process we’ve put in place is working well” in regard to its ongoing negotiations with the Public Investment Fund (PIF) and the DP World Tour.
“We remain focused on reaching a Definitive Agreement with PIF and the DP World Tour, but not surprisingly, these negotiations have resulted in unsolicited outreach and proposals from a number of other interested investors,” Gore wrote in the memo, a copy of which was obtained by ESPN. “All of this activity reinforces the Tour’s strong position and our…
