Wentworth Club Denies Sale to Saudi Fund
Wentworth Club Denies Sale to Saudi Fund

Wentworth Club Denies Sale to Saudi Fund

News summary

The Wentworth Club has firmly denied rumors of a sale to Saudi Arabia's Public Investment Fund (PIF), which gained traction after DP World Tour player Eddie Pepperell suggested on a podcast that a purchase was imminent. The club, owned by the Reignwood Group since 2014, stated that it is not for sale and has no plans to seek additional investment. Reignwood emphasized its long-term commitment to the club and its good financial health, refuting any direct discussions with PIF regarding a potential acquisition. The Wentworth Board reiterated that despite various expressions of interest in the club post-COVID, they remain dedicated to its future, including upcoming renovations and new facilities. The Wentworth Club is significant as the host of the BMW PGA Championship and the headquarters of the DP World Tour, underscoring its importance in European professional golf.

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