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The PGA Tour is confident it will be able to assure Congress it controls the shock new venture with Saudi Arabia's sovereign wealth fund after a United States Senator opened an investigation into the deal. The PGA announced a week ago a plan to combine its commercial business with those of Saudi Arabia's Public Investment Fund (PIF), which includes the LIV Golf series that the PGA had previously been in open dispute with.
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LOS ANGELES — Masters champion Jon Rahm said some PGA Tour players feel «a bit of betrayal from management» in the wake of the announced alliance between the Tour, the DP World Tour and Saudi Arabia's Public Investment Fund.
LOS ANGELES — Three days before a U.S. Senate subcommittee opened an inquiry into the PGA Tour's planned alliance with Saudi Arabia's Public Investment Fund and the DP World Tour, PGA Tour commissioner Jay Monahan told U.S. senators in a letter that the federal government's inaction caused him to agree to the controversial partnership.
Matt Fitzpatrick admits he is as confused as anyone about the direction golf is heading in but insists it will not affect his thinking when he begins the defence of his US Open title on Thursday.
WASHINGTON: US Senator Richard Blumenthal on Monday (Jun 12) asked the PGA Tour and LIV Golf for communications and records on their planned merger, citing concerns about the Saudi government's role in the deal and risks posed by a foreign government entity assuming control over the sport.
The US Senate has launched an investigation into the planned commercial merger between the PGA Tour, DP World Tour and LIV Golf.
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