Fenway Sports Group (FSG), the owner of Liverpool, has been in discussions with Saudi Arabia's Public Investment Fund (PIF) about a deal that could unite the PGA Tour and LIV Golf.
Earlier this year, a consortium involving Liverpool's majority owners finalized a $3 billion investment into the PGA Tour. FSG and several others involved in the investment are believed to have held talks with officials from PIF earlier this week.
The discussions centred around the possibility of injecting more than $1 billion into the PGA Tour's Enterprises. ESPN reported earlier this week that meetings involving Liverpool's principal owner John W. Henry and PGA Tour representatives were scheduled to take place in New York on Tuesday.
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Henry is part of the PGA Tour's transactional subcommittee negotiating with the Saudis. Since purchasing Liverpool in October 2010, FSG has expanded its portfolio to include the Pittsburgh Penguins, NASCAR's RFK Racing and TGL's Boston Common Golf.
In 2023, FSG quashed rumors it was planning to sell Liverpool as Dynasty Equity, a New York-based sports investment firm, acquired a small minority stake in the club. The value of the deal was not disclosed but it was understood to be between $100m and $200m.
Henry was present at Liverpool's 2-0 victory over Brentford last month, which marked new head coach Arne Slot's first Premier League game at Anfield.
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