Tiger Woods praises SSG for “believing” in golf and the PGA Tour

Tiger Woods praises SSG for “believing” in golf and the PGA Tour

Tiger Woods praises SSG’s “faith” in golf and the PGA Tour

According to GOLF.com, golfer Tiger Woods praised Strategic Sports Group (SSG) during a conference call with American investors and PGA Tour members.

Woods, 48, spoke by phone yesterday after SSG and the PGA Tour made a $3 billion private investment. The deal, confirmed by the PGA Tour on January 31, will see SSG, controlled by Liverpool owner Fenway Sports Group, pay an initial fee of $1.5 billion.

SSG also funded the launch of PGA Tour Enterprises, the PGA Tour’s new for-profit venture, which will allow “approximately 200 members” to become rotating shareholders. It is reported that this agreement between SSG and the PGA Tour will allow for “joint investment” from Saudi Arabia’s Public Investment Fund (PIF) in the future.

Negotiations between the PGA Tour, DP World Tour and PIF continue to move in the right direction, but the deadline has been extended from December 31, 2023 to the Masters. PGA Tour Commissioner Jay Monahan spoke on a 10-minute conference call before speaking at SSG, which also included Fenway Sports Group President John Henry, according to GOLF.com.

Woods shared his screen and praised SSG for their support of not only SSG and the PGA Tour, but golf in general. “Hello everyone, this is Tiger Woods,” the 15-time major champion began.

“We wanted to thank SSG for believing in us and our sport. We believe in the growth potential we can enjoy together. Golf is a great sport. This allowed the community to heal and grow. As a team, we will deliver the true rewards and meritocracy that our sport has built over the years. “As I explained earlier, as the tournament grows, so do we. So the more you invest in a tour, the more you will get out of it. Such a situation has never happened in the history of sports. So we are the first. “I’m very happy to be a part of it.”

LIV Golf CEO Greg Norman has sent a stern letter to players following news of Saudi Arabia’s support for the PGA Tour.

Woods will make his competitive return to the PGA Tour in two weeks at the Genesis Open on the famed Riviera. Woods plans to unveil his new line of golf apparel earlier this week.

What do you think of SSG’s new deal with the PGA Tour? Is PIF still on the PGA Tour? Or is that ship sailing? Would you like to see the Tour come around or are you satisfied with the current landscape of professional golf? Share your thoughts and opinions on GolfMagic’s social media channels.

 

James

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