Report: PGA Tour rejects $1.5B offer from Saudi investment fund

Report: PGA Tour rejects $1.5B offer from Saudi investment fund

It doesn't look like the PGA Tour and Saudi Arabia's Public Investment Fund will be settling their differences any time soon.

PGA Tour Reportedly Turns Down $1.5 Billion From Saudi Arabia's PIF Over LIV Golf Ultimatum

PGA Tour logo on golf flag It’s been close to two years since the golf world was treated to a bombshell report that asserted the PGA Tour had agreed to a merger with Saudi Arabia’s Public Investment Fund that would seemingly bring the LIV Golf drama to an end. However, that announcement turned out to be incredibly premature, and the ongoing saga has taken another twist after a $1.5 billion offer was reportedly rejected. LIV Golf had a very ambit…

PGA Tour Reportedly Rejects $1.5B Saudi PIF Investment Offer amid LIV Golf Talks

Sources: PGA Tour rejects PIF's recent $1.5B offer

The PGA Tour has rejected PIF's most recent offer to invest $1.5 billion into PGA Tour Enterprises, the tour's for-profit entity, which came with the caveat that the rival LIV Golf League would remain intact, sources confirmed to ESPN.

PGA Tour rejects $1.5 billion offer from Saudi Arabia's Public Investment Fund, per reports

The two sides continue to have different opinions regarding the future of the professional game

Did PGA Tour decline PIF's latest $1.5 billion investment proposal? Details explored

The PGA Tour x PIF merger has one of the biggest updates, but it's not a positive one. The Tour just rejected the latest proposal by the Principal Investment Fund totaling $1.