More than a year after the PGA Tour announced plans to combine forces with Saudi Arabia’s sovereign wealth fund’s upstart LIV Golf league, the two sides met in Manhattan on Tuesday in hopes of — finally — making headway on getting to a deal.
Given a series of starts and stops in talks aimed at a proposed deal, an accord still remains far from certain. But executives from the tour and Saudi’s wealth fund, which backs LIV Golf, alongside their advisers, were focused on hammering out details of an agreement, three people familiar with the matter said, speaking on condition of anonymity because of the sensitivity of the negotiations.