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Woods: PGA Tour no longer needs Saudi-backed PIF to succeed

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Woods: PGA Tour no longer needs Saudi-backed PIF to succeed

Fenway Sports Groupu0027s backing for the Strategic Sports Groupu0027s deal with PGA Golf has convinced Tiger Woods and Jordan Spieth that the sport no longer needs the financial muscle of LIV, backed by the Saudi Arabian Public Investment Fund, to succeed. The SSG will give players huge equity stakes and the PIFu0027s involvement is not guaranteed to be ratified…
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