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Wentworth Denies Rumor That Saudi Arabia's Public Investment Fund Is Trying to Buy It

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In an interview, Wentworth's board did its best to put to rest the rumors of Saudi PIF interest.

and said he believed that the Saudi Arabian Private Investment Fund would buy Wentworth Club, which hosts the DP World Tour's annual BMW PGA Championship.

Wentworth is also the home of the DP World Tour headquarters, so a deal with PIF would send shockwaves. The board was also asked about specific conversations with the PIF about a potential investment, which it also denied. Wentworth Club was acquired by Reignwood Investments, a company owned by Chinese-Thai billionaire Chanchai Ruayrungruang , in September of 2014.

 

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