The owners of Liverpool Football Club, Fenway Sports Group (FSG), are allegedly close to finalizing a £2.4 billion acquisition for a minority investment in the PGA Tour, a move that may drastically change the landscape of top men’s golf. According to Daily Express, this agreement could lead to a change in the power structures in the professional golf industry in addition to being a financial transaction.
FSG’s Strategic Action in the Face of Competition
The agreement puts FSG in the center of a possible power battle with the Public Investment Fund (PIF) of Saudi Arabia, which is well-known for owning Newcastle United Football Club and supporting LIV Golf. The introduction of FSG into this field is regarded as a significant development in the continuing discussions involving several
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