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PGA Tour reports progress with Saudi PIF, offers no details

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The PGA Tour reported progress following their face-to-face meeting with the Public Investment Fund of Saudi Arabia, but offered no specific details.

without details from a face-to-face meeting between its negotiating committee and the Public Investment Fund of Saudi Arabia as it tries to work toward a deal.

PGA Tour Enterprises is the commercial group that came out of the framework agreement announced a year ago among the PGA Tour, PIF and the European tour. The tour said the committee and PIF have been meeting"multiple times weekly to work through potential deal terms and come to a shared vision on the future of professional golf." It said only that"more progress was made" in New York.

 

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