Henry Kravis, Endeavor, Fenway Eye PGA Tour Deal to Rival Saudi … – Bloomberg
Ari Emanuel’s Endeavor Group Holdings Inc. and Fenway Sports Group, which owns the Boston Red Sox and Liverpool FC, are among US investors exploring investing in the PGA Tour, providing a possible alternative transaction to a pending deal with Saudi Arabia’s Public Investment Fund, according to people with knowledge of the matter.
KKR & Co. co-founder Henry Kravis, who has an estimated net worth of $10.5 billion, according to the Bloomberg Billionaires Index, is among other US investors considering investing in the PGA Tour, some of the people said.
Although some US investors prefer to lead a deal, it’s possible that they end up partnering with PIF, said some of the people, all of whom asked not to be identified discussing confidential information. Discussions are preliminary and no transaction is guaranteed, the people said.
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source: https://news.oneseocompany.com/2023/09/28/henry-kravis-endeavor-fenway-eye-pga-tour-deal-to-rival-saudi-bloomberg_2023092850721.html
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