Saudi PIF seeks to acquire Wentworth Golf Club amid ownership denials

The Saudi Public Investment Fund (PIF) is intensifying its efforts to acquire Wentworth Golf Club, a historic venue and headquarters for the DP World Tour, despite the current owners, Reignwood Group, insisting the club is not for sale. The PIF, backed by a $900 billion sovereign wealth fund, is reportedly undeterred by previous refusals and is exploring both Wentworth and the Centurion Club for potential acquisition. Reignwood Group, which purchased Wentworth for £135 million in 2014, remains committed to its long-term vision for the club and has stated there are no ongoing negotiations with the Saudis. The potential acquisition by the PIF could significantly impact British golf, especially given the club's role in hosting the BMW PGA Championship. Meanwhile, ongoing merger negotiations between the PIF, PGA Tour, and DP World Tour are closely watched, with no resolution in sight after 21 months. The PIF's aggressive strategy in golf continues to raise concerns about the influence of Saudi investments in the sport.