The PGA Tour has narrowed its choice of potential investors to a new consortium led by Fenway Sports Group and said it would continue negotiations with Saudi Arabia’s national wealth fund as it races to meet a Dec. 31 deadline.The PGA Tour board — six players and five independent directors — sent an email to players Sunday afternoon to say Strategic Sports Group was the unanimous choice to further negotiate a potential partnership in the new PGA Tour Enterprises.The new for-profit company was at the heart of a framework agreement announced June 6 among the PGA Tour, European tour and the Public Investment Fund, the Saudi financial backing of LIV Golf.
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