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The Guardian - UK
The Guardian - UK
Sport
Ewan Murray

‘We’re in a great position’: Tiger Woods claims PGA Tour doesn’t need PIF cash

Tiger Woods PIF PGA Tour PGA Tour Jordan Spieth Strategic Sports Group SSG LIV
Tiger Woods in action
Tiger Woods has said that negotiations with Saudi Arabia’s PIF are ‘ongoing’, but insists the PGA Tour is in excellent shape regardless. Photograph: Ronald Martinez/Getty Images

Tiger Woods has become the latest golfer to fire a warning to Saudi Arabia that the PGA Tour is no longer reliant on investment from its Public Investment Fund. The split in top-level golf, between those operating on the PGA Tour and those who perform on the Saudi-backed LIV circuit, appears no closer to being repaired.

The PGA Tour announced recently that it had agreed a $3bn (£2.39bn) deal with Strategic Sports Group (SSG), a consortium led by the Fenway Sports Group. As part of that, players such as Woods will be afforded huge levels of equity.

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