In a memo to TOUR members on Sunday, it was announced that the PGA TOUR Policy Board has unanimously chosen Strategic Sports Group (SSG), an outside investment group, to continue negotiations with as discussions with the PIF progress. The decision came after a thorough review of final proposals submitted by various outside investors during a series of Policy Board meetings over the past few days. SSG is a consortium of professional sports team investors based in the United States.
The memo also stated that negotiations with the PIF will continue in the coming weeks and that the DP World Tour will remain a crucial part of the process as the PGA TOUR Enterprises is developed. Although further details were not disclosed, the Board is confident that a positive outcome will be achieved for all players and the PGA TOUR as a whole. Strategic Sports Group comprises the following investors:
