Liverpool's FSG chief John Henry locked in $1billion talks over new venture

Fenway Sports Group , who own Liverpool , are in talks with the Public Investment Fund of Saudi Arabia (PIF) over a potential deal that could end the split within the professional golfing world .

Having led the Strategic Sports Group (SSG) consortium alongside a number of fellow sporting franchise owners, including the Atlanta Falcons Arthur Blank and the Boston Celtics' Wyc Grousbeck, John Henry and partners invested a whopping $3billion into the PGA Tour earlier this year.

And now FSG are reportedly in talks to end the current split between the PGA Tour and LIV Golf tours, with Henry's consortium in 'regular dialogue' with PIF according to Liverpool World. The two tours, alongside the DP World Tour, announced a massive merger back in June 2023 which would have re-unified the sport under the PGA banner.

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However, over a year later, no concrete deal to unite the tours has emerged, with talks still on-going. Henry was part of a team earlier this year, which featured Tiger Woods and Rory McIlroy, that held face-to-face talks with PIF governor Yasir Al-Rumayyan, who is also the chairman of Newcastle United, over the merger.

A joint statement from the PGA Tour Enterprises Transaction Subcommittee, of which Henry was a part of, read: "Representatives from the PGA TOUR Enterprises Transaction Subcommittee and the PIF have been meeting multiple times weekly to work through potential deal terms and come to a shared vision on the future of professional golf.

"On Friday evening, an in-person session in New York City included the entire Transaction Subcommittee and PIF Governor Yasir Al-Rumayyan and his team, where more progress was made."

And it is not the only foray FSG has made into the world of golf. Alongside their bumper investment in the PGA Tour, they also bought a team in Woods and McIlroy's Technology Golf League, which is set to launch next year.

Liverpool.com says: "FSG's investment into the PGA Tour is a reminder of just how wealthy they are. They own multiple US-based sporting franchises as well as one of the biggest club sides in world soccer. While it will be unpalatable to plenty of Reds supporters, FSG will likely build a multi-club ownership group in the soccer world too. They wanted to buy Bordeaux this summer but opted not to and will almost certainly continue to explore these avenues in the future."