News

GOLF Fenway Sports Group-backed consortium strikes $3 billion deal with PGA Tour By Michael Silverman Globe Staff,Updated January 31, 2024, 11:09 a.m.
Led by Fenway Sports Group's John Henry, SSG injected $1.5 billion into the new PGA Tour Enterprises, which was created to offset the disruption of the LIV golf series.
PEBBLE BEACH, Calif. (AP) — The PGA Tour is getting a $3 billion investment from Strategic Sports Group in a deal that would give players access to more than $1.5 billion as equity owners in the ...
Endeavor and Fenway Sports Group are “exploring” the idea of investing in the PGA Tour, Bloomberg reported Thursday.
Strategic Sports Group, led by Red Sox parent company Fenway Sports Group, would contribute a minority stake in the new for-profit PGA Tour Enterprises.
Fenway Sports Group is one of at least six North American-based groups bidding for a minority stake in the PGA Tour, an investment that could have ramifications on the tour’s pending merger with ...
A syndicate of well-heeled investors has reached a deal to invest up to $3 billion in a new PGA Tour commercial venture, according to an announcement from the governing body. Fenway Sports Group ...
Sam Greenwood/Getty ARLINGTON, Texas — Fenway Sports Group is leading a broad consortium of sports owners and investment groups vying to become a partner in the PGA Tour.
The PGA Tour has narrowed its choice of potential investors to a new consortium led by Fenway Sports Group and said it would continue negotiations with Saudi Arabia's national wealth fund as it ...
The PGA Tour said on Sunday that it has unanimously decided to advance discussions with Strategic Sports Group (SSG), a consortium of U.S.-based sports team investors that includes Fenway Sports ...
The PGA Tour is getting a $3 billion investment from Strategic Sports Group in a deal that would give players access to more than $1.5 billion as equity owners in the new PGA Tour Enterprises.
The PGA Tour has narrowed its choice of potential investors to a new consortium led by Fenway Sports Group and said it would continue negotiations with Saudi Arabia’s national wealth fund as it ...