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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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LOS ANGELES — The U.S. Senate's Permanent Subcommittee on Investigations has opened a review of the PGA Tour's planned alliance with the DP World Tour and Saudi Arabia's Public Investment Fund.
LOS ANGELES : The PGA Tour's stunning decision to welcome in massive investment from Saudi Arabia was a twist straight out of a Hollywood blockbuster so it is only fitting that all the leading characters will be in LA for this week's U.S. Open.
Commissioner Jay Monahan said the PGA Tour could not afford a legal fight with LIV Golf's Saudi backers and higher purses to prevent player defections, The Wall Street Journal reported Saturday.
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Commissioner Jay Monahan told employees that the PGA Tour simply couldn't afford to keep fighting the Saudi Arabia-backed LIV Golf League, the Wall Street Journal reported.