Tiger Woods said on Saturday that the PGA Tour aims to reach a definitive deal to complete its partnership with Saudi Arabia's Public Investment Fund (PIF) before their self-imposed Dec.
31 deadline.Woods, who joined the PGA Tour board in August, confirmed the deadline remains as set in early June, when the two parties and the European-based DP World Tour announced a merger, although the sides could agree to extend the date.The Saudi PIF is the main financial backer of the PGA Tour's recent rival LIV Golf."As of right now, (Dec.
31) is our time frame and our deadline. That hasn't changed," Woods told a press conference in Florida."We're trying to get a deal done with all of the different entities that we have going on here.
SSG has come into the mix now."The PGA Tour, scrambling to finalise its merger plans ahead of the deadline, said it would proceed with talks with US-based Strategic Sports Group(SSG) who could come in as a co-investor.SSG includes Fenway Sports Group, owners of Major League Baseball's Boston Red Sox and Premier League club Liverpool.