PGA Tour's Jay Monahan Updates on Saudi Investment Talks

Monahan emphasizes ongoing discussions with the Public Investment Fund, highlighting the complexity and lack of a set deadline.

The PGA Tour is negotiating with Saudi Arabia's Public Investment Fund to form an alliance with LIV Golf.
Commissioner Jay Monahan stresses patience, noting the talks are progressing but complex.
The initial framework agreement was signed in June 2023, but the deadline has passed without a final deal.
A $1.5 billion investment from Strategic Sports Group was secured earlier this year, creating PGA Tour Enterprises.
LIV Golf players face a waiting period before rejoining the PGA Tour, depending on their previous membership status.