PGA Tour Explores U.S. Investors for LIV Golf Takeover Amid Saudi Opposition

TL;DR Summary
The PGA Tour is seeking money from U.S. investors as insurance in case its merger with LIV Golf, backed by Saudi Arabia's sovereign wealth fund, is not approved by its players or politicians. The merger has faced opposition, with U.S. politicians viewing it as a takeover of an American institution by foreign money. The PGA Tour is looking to ease political opposition by involving high-profile U.S. investors in the transaction. The PGA Tour has been criticized for its lack of financial disclosure and failure to deliver for its customers, making LIV Golf's entry a wake-up call for the undervalued asset.
- The PGA Tour Wants U.S. Money As Insurance For Opposition Of Saudi LIV Golf Takeover Forbes
- Henry Kravis, Endeavor, Fenway Eye PGA Tour Deal to Rival Saudi Arabia's Bloomberg
- PGA Tour says LIV merger attracts unsolicited investor interest Reuters
- PGA Tour and LIV Golf consider U.S. investors Axios
- PGA Tour exploring Saudi LIV Golf replacement deal with Fenway Sports Group, billionaire investors SB Nation
- View Full Coverage on Google News
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