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PGA Tour and Saudi PIF Hold Controversial NYC Meetings Amid 9/11 Anniversary

Negotiations focus on a $1 billion investment to merge golf circuits, drawing ire from 9/11 families.

  • PGA Tour officials, including Tiger Woods, are meeting with Saudi Public Investment Fund representatives in New York.
  • The discussions aim to finalize a deal that would see the PIF invest over $1 billion into PGA Tour Enterprises.
  • The timing of the meetings, coinciding with the 23rd anniversary of the 9/11 attacks, has sparked outrage from 9/11 families.
  • The framework agreement to merge PGA Tour, LIV Golf, and DP World Tour was initially announced in June 2023 but missed its December 2023 deadline.
  • PGA Tour Commissioner Jay Monahan has emphasized the enhanced priority and stronger dialogue in the ongoing negotiations.
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