PGA Tour Considers US Investors to Quell LIV Golf Deal Worries

High-profile US investors are being considered to help finance the PGA Tour’s transaction with Saudi-backed LIV Golf in an effort to ease political opposition to the deal.

The PGA said it had received unsolicited interest from investors and it has a responsibility to its members, sponsors and fans to evaluate opportunities.

The inclusion of outside investors could help address politicians’ concerns that the deal would amount to a takeover of a US institution by LIV Golf, a rival venture financed by Saudi Arabia’s sovereign wealth fund, said people familiar with the matter who asked not to be identified because ...