PGA Tour advances deal talks with investors including Fenway Sports Group

FILE PHOTO: A view shows the logo of PGA Tour during the Canadian Open’s Championship Pro-Am after news was released of a new partnership between the PGA Tour and Saudi-backed LIV Golf circuit, at Oakdale Golf and Country Club in Toronto, Ontario, Canada June 7, 2023. REUTERS/Nick Lachance/File Photo

(Reuters) - 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 Group.

The PGA Tour Policy Board selected SSG to further negotiate with, even as talks with the Saudi Arabia's Public Investment Fund (PIF) continue to progress, according to a statement posted to PGA's website.