PGA Tour turn to Tiger Woods in desperate attempt to validate $3bn investment deal

PGA Tour turn to Tiger Woods in desperate attempt to validate $3bn investment deal

PGA Tour confirms $3 billion investment deal with Tiger Woods

Tiger Woods has signed a new PGA Tour contract with Liverpool owner John W. Bush. Henry started with a large sum of money from an investment group that included Fenway Sports Group.
2024

The tour was organized by Liverpool owner John W. Henry immediately committed $1.5 billion (£1.2 billion) in cash after negotiations ended on Tuesday night, with the investment expected to double over time. New York Mets owner Stephen A. Cohen and Atlanta Falcons senior leader Arthur Blank are part of the investment group.

The deal gives about 200 PGA Tour members the opportunity to own shares in the newly formed PGA Tour Enterprise, seen as a loyalty reward for leaving LIV Golf. SSG’s investment is not directly related to the PGA Tour’s ongoing negotiations with Saudi Arabia’s sovereign wealth fund LIV, but merger talks backed by the US government are aimed at healing the rift in the elite game.

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Not again 😭 in golf community as famous golf players were caught and being sentence to….   recent years, the global pandemic has changed a lot of things, and has me reflecting,” she said.  “It is time to slow down a little, focus more on my personal growth, and spend some time with my family.”  Feng told AFP in Tokyo it had been an honour to represent her country, for potentially the last time.  “We’re representing our own countries and we’re not playing for prize money, we’re playing for honour,” she said at Kasumigaseki Country Club, where she could not repeat her medal heroics of five years earlier, finishing eighth.  “Out of all my achievements, I would say a medal at the Olympics is very special,” said Feng, whose only major win came at the 2012 US PGA Championship.  “Even though I’ve been a major winner, think about it, we have five majors every year, in four years we have 20 chances to win a major.  ‘  “So I would say it’s harder, much harder, to get a medal at the Olympics. It was the most memorable moment of my career.”  Brought up in China’s southern Guangdong province, neighbouring Hong Kong, an 18-year-old Feng became the first Chinese player to earn an LPGA tour card in 2007.  The easy-going Feng went on to be the first Chinese player, man or woman, to win a major and lifted 10 LPGA titles during her 14 active years on the tour.  In 2017, Feng became the only Chinese golfer to date to reach the world No 1 ranking.  During a supremely consistent career, Feng registered 18 top-10 finishes in majors, two of them in 2021 even as she was winding down her playing commitments.

Not again 😭 in golf community as famous golf players were caught and being sentence to…. recent years, the global pandemic has changed a lot of things, and has me reflecting,” she said. “It is time to slow down a little, focus more on my personal growth, and spend some time with my family.” Feng told AFP in Tokyo it had been an honour to represent her country, for potentially the last time. “We’re representing our own countries and we’re not playing for prize money, we’re playing for honour,” she said at Kasumigaseki Country Club, where she could not repeat her medal heroics of five years earlier, finishing eighth. “Out of all my achievements, I would say a medal at the Olympics is very special,” said Feng, whose only major win came at the 2012 US PGA Championship. “Even though I’ve been a major winner, think about it, we have five majors every year, in four years we have 20 chances to win a major. ‘ “So I would say it’s harder, much harder, to get a medal at the Olympics. It was the most memorable moment of my career.” Brought up in China’s southern Guangdong province, neighbouring Hong Kong, an 18-year-old Feng became the first Chinese player to earn an LPGA tour card in 2007. The easy-going Feng went on to be the first Chinese player, man or woman, to win a major and lifted 10 LPGA titles during her 14 active years on the tour. In 2017, Feng became the only Chinese golfer to date to reach the world No 1 ranking. During a supremely consistent career, Feng registered 18 top-10 finishes in majors, two of them in 2021 even as she was winding down her playing commitments.

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