New Board of Directors to drive the PGA Tour.. Saudi talks stalled...

 This news announced today on pgatour.com. This is an edited version..

PONTE VEDRA BEACH, Fla. – The 13-member Board of Directors has been established for the recently launched PGA TOUR Enterprises, effective immediately. 

This new Board – comprised of nine PGA TOUR Directors approved by the PGA TOUR Policy Board and four Strategic Sports Group (SSG) Directors appointed by the SSG investor group – will lead all commercial activities related to the PGA TOUR

Ben Jared

All six current Player Directors from the PGA TOUR Policy Board will simultaneously serve on the PGA TOUR Enterprises Board of Directors: Patrick Cantlay, Peter Malnati, Adam Scott, Webb Simpson, Jordan Spieth and Tiger Woods. 

 In addition the Player Directors identified the benefit of having a “Director Liaison” on both Boards as well and they selected former PGA TOUR player Joe Ogilvie for that position.

Joe Gorder and PGA TOUR Commissioner Jay Monahan round out the PGA TOUR representation on the Enterprises Board with Woods and Monahan now having votes on the Tour's policy board.

As announced in January, SSG – a consortium of American sports team owners led by Fenway Sports Group – joined PGA TOUR Enterprises as a minority investor, providing an initial $1.5 billion of capital that will unlock investment opportunities to grow the TOUR and enhance the game of golf around the world.

In summary, the 13-member PGA TOUR Enterprises Board of Directors are as follows: Blank, Cantlay, Cohen, Gorder, Henry, Kennedy, Malnati, Monahan, Ogilvie, Scott, Simpson, Spieth and Tiger Woods.

• *John W. Henry, principal, Fenway Sports Group; manager, Strategic Sports Group;
• *Arthur M. Blank, co-founder, The Home Depot; owner and chairman, AMB Sports and Entertainment (Atlanta Falcons, Atlanta United, Mercedes-Benz Stadium, Atlanta Drive GC, PGA TOUR Superstore);
• *Andrew B. Cohen, chief investment officer and co-founder, Cohen Private Ventures; vice chairman, New York Mets;
• *Sam Kennedy, partner/CEO, Fenway Sports Group; president & CEO, Boston Red Sox.
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• “Today’s announcement is another milestone for our organization, as I believe we have arrived at a PGA TOUR Enterprise’s Board of Directors with the right composition, expertise and balance necessary to take our organization into the future,” said Monahan. “Our current and former players will provide essential insight into our members’ priorities and needs. And we welcome key SSG members to the leadership team, whose exceptional track records and achievements in global professional sports will lend a wealth of knowledge into the opportunities ahead for the PGA TOUR.
• ******(The role of the Saudi PIF and how they fit in to golf's new norm that was under discussion and has apparently stalled after their continued recruitment and Rahm's defection, was not mentioned in this dispatch)
• pgatour.com
• Bryan Angus (edit))