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PGA Tour Says 'Progress Was Made' in Latest Talks With PIF

The Tour's transaction committee met with the Public Investment Fund of Saudi Arabia in New York on Friday as the parties continue to work toward a deal.

PGA Commissioner Jay Monahan was part of a Friday meeting with Public Investment Fund of Saudi Arabia . / Adam Cairns/Columbus Dispatch / USA

DUBLIN, Ohio – The PGA Tour said in a statement Saturday morning that its meeting with representatives of the Public Investment Fund of Saudi Arabia on Friday was a continuation of “accelerated’’ talks “where more progress was made.