PGA Tour player directors encouraged to meet with Saudi backers of LIV Golf
Players on the PGA Tour board of directors are moving closer to meeting with the Saudi leader behind rival LIV Golf
PONTE VEDRA BEACH, Fla. (AP) — Jordan Spieth and Adam Scott said the player directors on the PGA Tour board are being encouraged to meet with the Saudi Arabia wealth fund leader behind LIV Golf, a sign that could spark talks of an investment.
Golfweek reported Friday evening a meeting could happen as soon as Monday, the day after The Players Championship. It cited two sources who said it was unclear if Yasir Al-Rumayyan, the governor of the Public Investment Fund, had committed to the meeting.
“I'm not sure that I can say much more other than we're being encouraged to potentially meet with them,” Spieth said, adding that it was “probably a good thing that the entire board should if there's going to be any potential for a negotiation.”
Scott said he would be as curious as he was to meet the U.S. private equity groups — from which Strategic Sports Group emerged as a minority investor with an initial $1.5 billion into PGA Tour Enterprises — "just to put a face to a name.”