Senator subpoenas Saudis for documents on LIV-PGA Tour golf deal
1 year, 3 months ago

Senator subpoenas Saudis for documents on LIV-PGA Tour golf deal

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} The chairman of a Senate investigations subcommittee issued a subpoena Wednesday for documents on Saudi Arabia's new golf partnership with the PGA Tour, saying the kingdom had to be more transparent about what he said was its $35 billion in investments in the United States. The move is the latest to challenge Saudi Arabia's assertion that as a foreign government that enjoys sovereign immunity from many U.S. laws, it is not obliged to provide information on the golf deal. Sen. Richard Blumenthal's subpoena comes after the Connecticut Democrat's unsuccessful requests to the head of Saudi Arabia's sovereign wealth fund, Yassir al Rumayyan, to testify before Blumenthal's Senate permanent select investigations subcommittee about the Saudi-PGA golf deal. Blumenthal said available public records indicate the Saudi sovereign wealth fund has expanded its investments in the United States from $2 billion in 2018 to $35 billion now.

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History of this topic

The PGA Tour and LIV’s Saudi backers have a deal—but there’s one holdup
1 week, 6 days ago

The PGA Tour and LIV’s Saudi backers have a deal—but there’s one holdup

Live Mint  

When the PGA Tour announced a stunning alliance with the Saudi backers of LIV Golf that it had spent months battling on and off the course, the plan was for the two sides to have a final agreement by the end of the year. Quietly, though, the two sides have made significant progress and have actually reached an agreement for …

Trump thinks he can fix golf’s mess. He starts by playing golf with PGA Tour commissioner
1 month ago

Trump thinks he can fix golf’s mess. He starts by playing golf with PGA Tour commissioner

Associated Press  

President-elect Donald Trump boasted during the campaign he would need about 15 minutes to get a deal done between the PGA Tour and the Saudi investors of LIV Golf. “The President-Elect and the Commissioner share a love for the game and the Commissioner enjoyed their time together.” The next day, Trump attended a UFC heavyweight championship in New York with …

Rory McIlroy thinks Donald Trump and Elon Musk could help PGA Tour and LIV Golf discussions
1 month, 2 weeks ago

Rory McIlroy thinks Donald Trump and Elon Musk could help PGA Tour and LIV Golf discussions

CNN  

CNN — Rory McIlroy thinks that Donald Trump’s return to presidency could help unify the fractured landscape of men’s professional golf by brokering a deal between the PGA Tour and the breakaway Saudi-backed LIV Golf. When asked on Wednesday if Trump could deliver on his own assertion that he could fix the LIV-PGA Tour deal in 15 minutes, McIlroy said: …

Rory McIlroy thinks Donald Trump and Elon Musk could help PGA Tour and LIV Golf discussions
1 month, 2 weeks ago

Rory McIlroy thinks Donald Trump and Elon Musk could help PGA Tour and LIV Golf discussions

CNN  

CNN — Rory McIlroy thinks that Donald Trump’s return to presidency could help unify the fractured landscape of men’s professional golf by brokering a deal between the PGA Tour and the breakaway Saudi-backed LIV Golf. When asked on Wednesday if Trump could deliver on his own assertion that he could fix the LIV-PGA Tour deal in 15 minutes, McIlroy said: …

Does Trump’s victory clear the way for PGA Tour-PIF merger? Rory McIlroy thinks so
Trending News
1 month, 2 weeks ago

Does Trump’s victory clear the way for PGA Tour-PIF merger? Rory McIlroy thinks so

LA Times  

Rory McIlroy walks off the 18th green following the second round of the British Open Golf Championships on July 19 at Royal Troon Golf Club in Scotland. In fact, at times he’s been the most vocal critic among PGA Tour players, saying last year that “If LIV Golf was the last place to play golf on Earth, I would retire.” …

Golfing for Dollars: The PGA Tour’s Saudi Deal Leaves 9/11 Families Out in the Cold
3 months ago

Golfing for Dollars: The PGA Tour’s Saudi Deal Leaves 9/11 Families Out in the Cold

Politico  

Yet there’s another thing that may have even more to do with it: The PGA Tour, the same organization whose ill-timed meeting Eagleson spent last week criticizing, has gone from ferocious business competitor of the rival Saudi-owned LIV Golf startup to would-be partner. They were donating money to us.” 9/11 Justice also wound up hiring Clout, the politically connected public …

All Saudi top-tier football clubs to go private: ministry
5 months, 2 weeks ago

All Saudi top-tier football clubs to go private: ministry

The Hindu  

The Saudi Pro League’s remaining 14 football clubs are up for privatisation, the sports ministry said, after the sale of four top teams sparked a billion-dollar spending spree on foreign stars. Saudi Arabia’s Public Investment Fund, the top oil exporter’s sovereign wealth vehicle, took a majority stake in Al Hilal, Al Nassr, Al Ahli and Al Ittihad last year. Saudi …

PGA Tour insists it is making progress in talks with LIV Golf's Saudi backers PIF but does not open up on New York meeting with Tiger Woods and co
6 months, 2 weeks ago

PGA Tour insists it is making progress in talks with LIV Golf's Saudi backers PIF but does not open up on New York meeting with Tiger Woods and co

Daily Mail  

The PGA Tour has claimed it has made progress amid negotiations with LIV Golf's Saudi backers in recent months. PGA Tour Enterprises' entire Transaction Subcommittee, a group that includes 15-times major champion Tiger Woods, was present at the latest meeting with Public Investment Fund Governor Yasir Al-Rumayyan. The PGA Tour has claimed it has made progress amid negotiations with LIV …

PGA Tour reports ‘progress’ without details in meeting with Saudi wealth fund leaders
6 months, 2 weeks ago

PGA Tour reports ‘progress’ without details in meeting with Saudi wealth fund leaders

Associated Press  

The PGA Tour reported progress without details from a face-to-face meeting between its negotiating committee and the Public Investment Fund of Saudi Arabia as it tries to work toward a deal. The meeting in New York on Friday evening involved the “transaction committee” of PGA Tour Enterprises and Yasir Al-Rumayyan, the governor of the Saudi Arabian sovereign wealth fund that …

WTA signs multi-year partnership with Saudi PIF
7 months ago

WTA signs multi-year partnership with Saudi PIF

The Hindu  

The Saudi Public Investment Fund will become the first-ever naming partner of the WTA’s rankings, the two organisations announced on Monday, as part of a multi-year partnership. The announcement marks the PIF’s latest foray into tennis, after the men’s ATP tour also signed a multi-year “strategic partnership” earlier this year. Outgoing CEO Steve Simon said last year that Saudi Arabia …

Saudi Arabia’s investment fund has been set an impossible task
7 months, 1 week ago

Saudi Arabia’s investment fund has been set an impossible task

Live Mint  

About a decade ago, a flashy, deep-pocketed investor made an appearance. Saudi Arabia’s Public Investment Fund had a mandate to go big, and was ready to: it picked up a $3.5bn stake in Uber, placed $45bn in the world’s largest technology-investment fund, SoftBank’s Vision Fund, and provided half the capital for a $40bn infrastructure fund run by Blackstone, a private-equity …

PGA Tour commissioner Jay Monahan provides update on Saudi PIF negotiations
9 months, 1 week ago

PGA Tour commissioner Jay Monahan provides update on Saudi PIF negotiations

The Independent  

Sign up to our free sport newsletter for all the latest news on everything from cycling to boxing Sign up to our free sport email for all the latest news Sign up to our free sport email for all the latest news SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

Tour to offer bulk of new money to 36 top players in equity ownership plan
10 months, 2 weeks ago

Tour to offer bulk of new money to 36 top players in equity ownership plan

Associated Press  

The PGA Tour plans to make $750 million of initial grants from its new cash-flush PGA Tour Enterprises to 36 top players determined by their career, their last five years on tour and how much attention they have brought to golf. Commissioner Jay Monahan said in a memo to players Wednesday that $180 million from the $1.5 billion investment of …

Future of golf in Saudi hands after £2.4bn American investment in PGA Tour
10 months, 3 weeks ago

Future of golf in Saudi hands after £2.4bn American investment in PGA Tour

The Telegraph  

The Saudis have been handed the chance to unify professional male golf after an American consortium, headed by the owners of Liverpool FC, made an investment in the PGA Tour that could reach £2.4 billion. The deal with the Strategic Sports Group comes eight months after plans were announced for a merger between the PGA Tour and LIV Golf, which …

Senate committee wants cooperation from Saudis in proposed deal with PGA Tour
10 months, 3 weeks ago

Senate committee wants cooperation from Saudis in proposed deal with PGA Tour

Associated Press  

A Senate subcommittee investigating the PGA Tour’s proposed deal with the Saudi backers of LIV Golf wants documents from four U.S. consulting firms for the Public Investment Fund. The congressional inquiry stems from the June 6 agreement between the PGA Tour, European tour and the PIF to be part of a for-profit company, in which PGA Tour Commissioner Jay Monahan …

PGA Tour seeks extension on commercial deal with Saudis, private investors
11 months, 3 weeks ago

PGA Tour seeks extension on commercial deal with Saudis, private investors

Associated Press  

The PGA Tour believes it has made enough progress with the Saudi backers of LIV Golf to extend their negotiations into next year for a new commercial deal that would include a U.S. investment group and the European tour. The PGA Tour board unanimously agreed three weeks ago to negotiate exclusively with Strategic Sports Group, a consortium of American-based professional …

Saudi Arabia tops sovereign wealth spending league with $31.5bn investment spree
11 months, 3 weeks ago

Saudi Arabia tops sovereign wealth spending league with $31.5bn investment spree

The Telegraph  

Elsewhere, the PIF spent $4.9bn last April to buy Californian mobile game developer Scopely, while 2023 also saw it become a major shareholder in Japan’s Nintendo. The PIF had a relatively modest presence on the global stage until it was reformulated eight years ago by Crown Prince Mohammed Bin Salman, Saudi Arabia’s de facto ruler. The Crown Prince, who is …

Senator subpoenas Saudis for documents on LIV-PGA Tour golf deal
1 year, 3 months ago

Senator subpoenas Saudis for documents on LIV-PGA Tour golf deal

Associated Press  

WASHINGTON — The chairman of a Senate investigations subcommittee issued a subpoena Wednesday for documents on Saudi Arabia’s new golf partnership with the PGA Tour, saying the kingdom had to be more transparent about what he said was its $35 billion in investments in the United States. The move is the latest to challenge Saudi Arabia’s assertion that as a …

Saudi Arabian fund buys stake in PFL mixed martial arts league
1 year, 3 months ago

Saudi Arabian fund buys stake in PFL mixed martial arts league

Al Jazeera  

Fund created by Saudi sovereign wealth fund invests in MMA promotion company and will create a regional tournament. A company formed by Saudi Arabia’s sovereign wealth fund has acquired a minority stake in the United States’ Professional Fighters League and will create a regional tournament as the kingdom’s sports investment push expands into mixed martial arts. The acquisition announced on …

Dates, Coffee and Camels—Saudi Arabia’s Sovereign-Wealth Fund Bets Big at Home
1 year, 4 months ago

Dates, Coffee and Camels—Saudi Arabia’s Sovereign-Wealth Fund Bets Big at Home

Live Mint  

Saudi Arabia’s sovereign-wealth fund made a global splash with investments in SoftBank’s Vision Fund, Newcastle United soccer club and professional U.S. golf. It is a long-term investor that “creates significant opportunities for the private sector through unlocking new sectors, localizing knowledge, and building strategic economic partnerships," the fund said. “By acting as a cornerstone investor, PIF’s size and long investment …

Saudi wealth fund creates firm to attract top sports events
1 year, 4 months ago

Saudi wealth fund creates firm to attract top sports events

The Hindu  

The Saudi sovereign wealth fund on Sunday announced a new sports investment company designed to draw “major global events” to the kingdom, which has spent recent months luring top football stars. The company, SRJ Sports Investments, “will invest in acquiring and creating new sports events IP, commercial rights of popular and prominent sports competitions and hosting major global events in …

The British Open is not ruling out Saudi funding
1 year, 5 months ago

The British Open is not ruling out Saudi funding

Associated Press  

HOYLAKE, England — The R&A is not ruling out taking money from Saudi Arabia’s national wealth fund as prize money in golf keeps increasing to the point CEO Martin Slumbers thinks the sport will have to reassess its business model. “We will be considering within all the parameters that we look at all the options that we have.” Slumbers said …

PGA Tour and Saudi wealth fund drop poaching clause from agreement at Justice Department’s request
1 year, 5 months ago

PGA Tour and Saudi wealth fund drop poaching clause from agreement at Justice Department’s request

Associated Press  

The PGA Tour and the Saudi backers of LIV Golf responded to a Justice Department inquiry by dropping a provision in their agreement that would have prohibited the poaching of players, the PGA Tour said Thursday. The New York Times first reported the development, which stems from the Justice Department’s antitrust review that began last summer and expanded when the …

PGA Tour officials: No choice but to join LIV
1 year, 5 months ago

PGA Tour officials: No choice but to join LIV

The Hindu  

PGA Tour officials painted a bleak outlook during a contentious Senate hearing Tuesday, sharing they felt no other choice was left but to merge with Saudi-backed LIV Golf in order for the tour to survive. “The PGA Tour is not that big in terms of players,” PGA Tour board member Jimmy Dunne said during sworn testimony Tuesday before the U.S. …

PGA Tour-LIV Golf Tie-Up Under US Senate Panel Scanner Over Saudi Involvement
1 year, 5 months ago

PGA Tour-LIV Golf Tie-Up Under US Senate Panel Scanner Over Saudi Involvement

News 18  

Saudi Arabia’s sovereign wealth fund has agreed to invest more than $1 billion in a new commercial entity controlled by the PGA Tour, and Greg Norman will be ousted as the CEO of LIV Golf if the business deal between the Saudis and the tour is finalized, a tour executive told Congress on Tuesday. Asked by Blumenthal how much money …

Saudi investment in PGA Tour will top $1 billion. And Norman will exit as LIV’s CEO, tour exec says
1 year, 5 months ago

Saudi investment in PGA Tour will top $1 billion. And Norman will exit as LIV’s CEO, tour exec says

Associated Press  

WASHINGTON — Saudi Arabia’s sovereign wealth fund has agreed to invest more than $1 billion in a new commercial entity controlled by the PGA Tour, and Greg Norman will be ousted as the CEO of LIV Golf if the business deal between the Saudis and the tour is finalized, a tour executive told Congress on Tuesday. Asked by Blumenthal how …

PGA Tour executives testify before Senate on deal with Saudi Arabia’s PIF
1 year, 5 months ago

PGA Tour executives testify before Senate on deal with Saudi Arabia’s PIF

New York Times  

PGA Tour chief operating officer Ron Price and board member Jimmy Dunne testified before the U.S. Senate Permanent Subcommittee on Investigations on Tuesday regarding its planned agreement with Saudi Arabia’s Public Investment Fund. Dunne said in response to the criticism: “If any person had the remotest connection to an attack on our country or the murder of my friends, I …

Saudi Arabia is being considered by the women’s tennis tour for possible business
1 year, 5 months ago

Saudi Arabia is being considered by the women’s tennis tour for possible business

Associated Press  

LONDON — Like other sports, women’s tennis is looking into the possibility of getting into business with Saudi Arabia. “It’s a very difficult and very challenging topic that’s being, obviously, measured by many, many different groups right now,” Simon said at an event in London to mark the 50th anniversary of the meeting that led to the founding of the …

McEnroe not in favour of Tennis pursuing Saudi investment
1 year, 5 months ago

McEnroe not in favour of Tennis pursuing Saudi investment

The Hindu  

Seven-time Grand Slam singles champion John McEnroe said tennis should not seek Saudi investment and called golf’s PGA Tour hypocritical after it reached an agreement with the country’s sovereign wealth fund. The chairman of tennis’s ATP Tour, Andrea Gaudenzi, told the Financial Times last week he has held discussions with Saudi Arabia’s Public Investment Fund and other potential investors on …

Saudi investment in tennis won’t replicate golf’s woes, says Australian Open chief Tiley
1 year, 5 months ago

Saudi investment in tennis won’t replicate golf’s woes, says Australian Open chief Tiley

The Hindu  

Australian Open chief Craig Tiley believes any Saudi investment in tennis is unlikely to have the same impact as the country’s disruptive entry into golf because talks are focused on bolstering the current structures of the game. ATP Chairman Andrea Gaudenzi told the Financial Times last week that he had held “positive” discussions with Saudi Arabia’s Public Investment Fund and …

PGA Tour will appear before a Senate panel investigating its deal with Saudi backers of LIV
1 year, 6 months ago

PGA Tour will appear before a Senate panel investigating its deal with Saudi backers of LIV

Associated Press  

WASHINGTON — The PGA Tour said Wednesday that it would appear next month before a Senate subcommittee whose leader asked executives from the tour, Saudi golf interests and LIV Golf to testify as Congress investigates the business deal that upended the sport. Sen. Richard Blumenthal, D-Conn., announced that the Senate Permanent Subcommittee on Investigations would hold a hearing on July …

Justice Department looking into PGA Tour deal with LIV’s Saudi backers
1 year, 6 months ago

Justice Department looking into PGA Tour deal with LIV’s Saudi backers

The Hindu  

The Justice Department has begun to examine an agreement between the PGA Tour and Saudi Arabian backers of LIV Golf to determine whether it violates federal antitrust statutes, a person familiar with the matter told The Associated Press. In a letter to various lawmakers sent last week, Monahan said he would be CEO of the new commercial entity, which he …

Justice Department looking into PGA Tour deal with LIV’s Saudi backers, AP source says
1 year, 6 months ago

Justice Department looking into PGA Tour deal with LIV’s Saudi backers, AP source says

Associated Press  

The Justice Department has begun to examine an agreement between the PGA Tour and Saudi Arabian backers of LIV Golf to determine whether it violates federal antitrust statutes, a person familiar with the matter told The Associated Press. In a letter to various lawmakers sent last week, Monahan said he would be CEO of the new commercial entity, which he …

Controversial PGA Tour Deal With Saudis Faces Scrutiny In Washington
1 year, 6 months ago

Controversial PGA Tour Deal With Saudis Faces Scrutiny In Washington

Huff Post  

LOADING ERROR LOADING PGA Tour’s controversial merger plans with Saudi-backed LIV Golf is facing scrutiny in Washington, D.C., where lawmakers are questioning the morality and safety of such an acquisition, and a federal agency is reportedly planning an investigation. The Wall Street Journal reported Thursday that the Justice Department has notified the PGA Tour, the organizer of many professional golf …

Monahan tells US lawmakers that PGA Tour was left on its own to fend off Saudis
1 year, 6 months ago

Monahan tells US lawmakers that PGA Tour was left on its own to fend off Saudis

Associated Press  

LOS ANGELES — Commissioner Jay Monahan has told congressional members the PGA Tour was “left on our own” to fend off Saudi Arabia’s bid to take over the sport with LIV Golf because of the United States’ geopolitical alliance with the kingdom. Monahan sent the letter to various lawmakers on June 9, three days after the PGA Tour’s stunning announcement …

US Congress probes PGA Tour-LIV Golf merger involving Saudi Arabia money
1 year, 6 months ago

US Congress probes PGA Tour-LIV Golf merger involving Saudi Arabia money

Firstpost  

The US Congress launched a probe Monday into the surprise merger of the PGA Tour with Saudi-backed LIV Golf, the chair of an investigative panel announced. LIV Golf was launched in October 2021 and lured top PGA Tour talent with record $25 million purses and money guarantees, bankrolled by Saudi Arabia’s Public Investment Fund. Critics said LIV was conceived by …

Senate Launches Probe Into PGA Tour-Saudi Arabia Deal
1 year, 6 months ago

Senate Launches Probe Into PGA Tour-Saudi Arabia Deal

Huff Post  

LOADING ERROR LOADING A top senator on Monday opened the first inquiry into the controversial deal between the PGA Tour and the Saudi-backed LIV Golf, raising the alarm about “a foreign government entity assuming control over a cherished American institution.” Sen. Richard Blumenthal wrote to the heads of the two sports organizations requesting a slew of records related to the …

Senator asks LIV Golf, PGA Tour leaders for records on merger
1 year, 6 months ago

Senator asks LIV Golf, PGA Tour leaders for records on merger

Associated Press  

WASHINGTON — The leader of a Senate subcommittee is demanding the PGA Tour and Saudi Arabia’s LIV Golf present records about negotiations that led to their new agreement and plans for what golf will look like under the arrangement. Sen. Richard Blumenthal, D-Conn., sent letters Monday to PGA Tour Commissioner Jay Monahan and LIV CEO Greg Norman spelling out the …

PGA-Saudi LIV merger has Congress teed off. But one senator won't commit to quitting his golf money.
1 year, 6 months ago

PGA-Saudi LIV merger has Congress teed off. But one senator won't commit to quitting his golf money.

Raw Story  

Republicans and Democrats alike have been blasting the planned mega-merger this week of the PGA Tour and Saudi Arabia-backed LIV Golf. But one leading merger critic — Sen. Richard Blumenthal — wasn't so enthusiastic about discussing a recent campaign donation he received from the PGA's political action committee. RELATED ARTICLE: 'PGA is gonna get what it deserves': Condemnation of Saudi …

Who are the men behind LIV-PGA merger? What to know about Jay Monahan, Yasir Al-Rumayyan
1 year, 6 months ago

Who are the men behind LIV-PGA merger? What to know about Jay Monahan, Yasir Al-Rumayyan

New York Times  

Two men from very different backgrounds came together to shock the sports world as Jay Monahan and Yasir Al-Rumayyan pulled the strings to orchestrate a billion-dollar agreement to merge the PGA Tour, LIV Golf and DP World Tour. The pair’s relationship Monahan and Al-Rumayyan connected in April following Al-Rumayyan’s meetings with PGA Tour policy board members Jimmy Dunne and Ed …

'Sellout': Progressives Take Aim At Pro Golf Merger
1 year, 6 months ago

'Sellout': Progressives Take Aim At Pro Golf Merger

Huff Post  

LOADING ERROR LOADING WASHINGTON – Progressive lawmakers are urging the Department of Justice to probe the merger between the PGA Tour and its Saudi-backed rival LIV Golf, if not block it outright, over concerns that it would create a monopoly in the professional golf industry amid fears the new entity would empower an authoritarian regime’s efforts to launder their reputation …

PGA Tour, LIV Golf merge to end golf’s ‘civil war’
1 year, 6 months ago

PGA Tour, LIV Golf merge to end golf’s ‘civil war’

The Hindu  

The PGA Tour announced a shock merger with the Saudi-backed LIV Golf circuit on Tuesday, rocking the golfing world with a bombshell deal aimed at ending the sport’s bitter two-year civil war. In a stunning agreement that took the sport completely by surprise, the US-based PGA Tour and Europe’s DP World Tour said they had signed an agreement with LIV’s …

LIV Golf-PGA Tour merger reignites not-so-clean debate over sportswashing
1 year, 6 months ago

LIV Golf-PGA Tour merger reignites not-so-clean debate over sportswashing

Associated Press  

There have been other recent headlines out of Saudi Arabia that had nothing to do with golf. The announcement Tuesday that LIV Golf, a Saudi-backed organization implicated by its critics for the sin of sportswashing, had made a deal with the PGA Tour certainly outstripped news that the same backers are trying to lure top soccer players to Saudi Arabia’s …

LIV Golf-PGA Tour merger reignites not-so-clean debate over sportswashing
1 year, 6 months ago

LIV Golf-PGA Tour merger reignites not-so-clean debate over sportswashing

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The announcement Tuesday that LIV Golf, a Saudi-backed organization …

'PGA is gonna get what it deserves': Condemnation of Saudi LIV merger unites some House members
1 year, 6 months ago

'PGA is gonna get what it deserves': Condemnation of Saudi LIV merger unites some House members

Raw Story  

WASHINGTON — Members of both sides of the political aisle spoke out against the PGA merger with the Saudi Arabia-owned LIV Golf Tuesday. "The PGA Tour has its own issues, obviously, but they can't just brush aside the source of the tour's money and the business model is a problem, I think, too," Kildee explained. A February 2021 FBI report …

Lawmakers Rip Pro Golf Merger
1 year, 6 months ago

Lawmakers Rip Pro Golf Merger

Huff Post  

LOADING ERROR LOADING WASHINGTON — Members of Congress had plenty to say Tuesday about the surprising merger between the PGA Tour and Saudi-backed insurgent league LIV Golf after months of tension between the two rival organizations. The Saudi leader has been accused of trying to cover up his government’s human rights violations by investing in sports organizations around the world, …

PGA Tour and LIV Golf merge commercial operations to unify golf
1 year, 6 months ago

PGA Tour and LIV Golf merge commercial operations to unify golf

The Hindu  

The most disruptive year in golf ended Tuesday when the PGA Tour and European tour agreed to a merger with Saudi Arabia’s golf interests, creating a commercial operation designed to unify professional golf around the world. Still to be determined is how players like Brooks Koepka and Dustin Johnson, who defected to Saudi-funded LIV Golf for nine-figure bonuses, can rejoin …

PGA Tour, LIV Golf to merge: Timeline of tension, lawsuits and criticism from both sides
1 year, 6 months ago

PGA Tour, LIV Golf to merge: Timeline of tension, lawsuits and criticism from both sides

New York Times  

In a shocking turn of events, the PGA Tour, DP World Tour and LIV Golf agreed to merge under common ownership “to unify the game of golf” globally. Here’s a timeline of events spanning the start of LIV Golf to its merger with the PGA Tour: Sept. 13, 2023: Senate subcommittee issues subpoena for Saudi PIF documents U.S. That oversight …

Saudi Arabia’s golf case threatens to spill kingdom secrets
1 year, 9 months ago

Saudi Arabia’s golf case threatens to spill kingdom secrets

Associated Press  

WASHINGTON — Officials who oversee Saudi Arabia’s tens of billions of dollars in U.S. investments haven’t been shy about flaunting their ties with top American business and political figures, down to wearing MAGA caps as they swing golf clubs alongside former President Donald Trump. Yasir al Rumayyan, appointed under Crown Prince Mohammed bin Salman to manage the oil-rich Saudi government’s …

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