The PGA Tour, flush with a $1.5 billion investment from private equity and still negotiating with the Saudi-backers of LIV Golf as a minority investor, is hiring a CEO for the first time who will work alongside Commissioner Jay Monahan. “Everything is on the table,” Monahan said in a video message posted on PGA Tour's social media channels. The PGA Tour is wrapping up a year of sweeping changes while still unable to reach an agreement with the Public Investment Fund of Saudi Arabia, though recent signs indicate they are closer than ever.
Original Source:
https://sports.yahoo.com/pga-tour-hire-ceo-run-172239896.html
