Jay Monahan preaches patience on PGA Tour getting investment deal with Saudi backers of LIV

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PGA Tour Commissioner Jay Monahan is preaching patience when it comes to an investment deal with the Saudi backers of LIV Golf. He says the PGA Tour continues to discuss a deal but it's complex and will take time. It's a far cry from a year ago when he felt certain a deal would get done by the end of the year. So much has changed since then.

Commissioner of the PGA Tour, Jay Monahan IV speaks during a news conference ahead of the Tour Championship golf tournament, Wednesday, Aug. 28, 2024, in Atlanta. Commissioner of the PGA Tour, Jay Monahan IV speaks during a news conference ahead of the Tour Championship golf tournament, Wednesday, Aug. 28, 2024, in Atlanta. Commissioner of the PGA Tour, Jay Monahan IV speaks during a news conference ahead of the Tour Championship golf tournament, Wednesday, Aug. 28, 2024, in Atlanta.

And the tour signed on Strategic Sports Group in January for an investment worth as much as $3 billionPGA Tour postseason could use a little variety in its venues: Analysis“When you look at where we are today and ... what we hear from fans and what we’re hearing from players, ultimately we’re both in a position to bring the best players in the world back together. I think that’s a good and aspirational goal,” Monahan said. “As I said earlier, we’re in those discussions. We’re at the table.

“Players who were members of the tour also have all of our tournament regulations and conduct policies applying to them,” Dennis said. “I’m not going to get into details about that, but there’s an additional set of guidelines there to consider.”

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Jay Monahan preaches patience on PGA Tour getting investment deal with Saudi backers of LIVBy DOUG FERGUSON ATLANTA (AP) — Commissioner Jay Monahan spent 20 minutes Wednesday talking about momentum from a $1.5 billion private equity investment in the PGA Tour at the start of the ye…
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