Fenway Sports-backed Strategic Sports Group to invest $3bn in PGA Tour.

Fenway Sports-backed Strategic Sports Group, a sports consulting firm, agreed to invest $3bn in PGA Tour, a professional golf tours organizer. “Today marks an important moment for the PGA TOUR and fans of golf across the world. By making PGA TOUR members owners of their league, we strengthen the collective investment of our players in the success of the PGA TOUR. Fans win when we all work to deliver the best in sports entertainment and return the focus to the incredible – and unmatched – competitive atmosphere created by our players, tournaments and partners,” Jay Monahan, PGA Tour CEO.