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If Saudi Arabia's Public Investment Fund had had its way, Tiger Woods and Rory McIlroy would have partially owned and captained teams in the LIV Golf League once the PGA Tour and DP World Tour joined forces with the nearly $800 billion sovereign wealth fund.
GULLANE, Scotland — PGA Tour commissioner Jay Monahan returns to work next week, and some top players believe he has to regain their trust after leaving members in the dark over an about-face deal with the Saudi Arabia wealth fund behind LIV Golf.
Proposals for a long-term agreement between the PGA Tour and Saudi Arabia's Public Investment Fund included Rory McIlroy and Tiger Woods owning LIV Golf teams, a US Senate subcommittee investigation has revealed.
WASHINGTON :Two PGA Tour officials went before a Senate panel on Tuesday to defend the U.S.-based golf organization's decision to end a rivalry with the Saudi-backed LIV Golf circuit and form a unified commercial entity.
WASHINGTON : Two officials from the PGA Tour go before a Senate panel on Tuesday to defend the U.S.-based golf tour's decision to end a rivalry with the Saudi-backed LIV circuit and form a unified commercial entity.
WASHINGTON — Two PGA Tour officials have agreed to testify before a U.S. Senate panel next week about the tour's merger with Saudi-backed LIV Golf, but LIV officials declined to appear, lawmakers said Monday.
Tom Watson wants answers on the PGA Tour’s new business partnership with the Saudi backers of LIV Golf. The eight-time major champion asked the PGA Tour commissioner, Jay Monahan, in a letter on Monday if the deal was the only way to solve the tour’s financial hardship.