PGA Tour rejects $1.5 billion investment offer from PIF

With the arrival of LIV Golf, a lot has changed on the golf scene. The PGA Tour, which had dominated until then, was in huge trouble. The money that the Saudis invested and attracted famous golfers caused fear and panic among PGA officials, who knew they had to pull back some of the moves. However, when it was confirmed two years ago that a framework agreement had been reached between the PIF and the PGA regarding the merger, real chaos arose. Two years later, many believe that this could b