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The PGA Tour sought to assure players on Tuesday that they will have a say in the tour's new partnership with the Saudi Public Investment Fund (PIF), with its policy board issuing a statement that noted players would have to approve any final agreement.
Australian Open chief Craig Tiley believes any Saudi investment in tennis will avoid the disruption that fractured golf because talks are focused on bolstering the current structures of the game.
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.
The framework of the merger agreement of the PGA Tour and Saudi-backed LIV Golf says a for-profit subsidiary of the US golfing body will be created to manage commercial investments and assets for all tours.
WASHINGTON : The framework of the merger agreement of the PGA Tour and Saudi-backed LIV Golf says a for-profit subsidiary of the U.S. golfing body will be created to manage commercial investments and assets for all tours, according to a copy reviewed by Reuters on Monday.
World number one Carlos Alcaraz has "no doubts" he will compete in Saudi Arabia at some point and said the country has the power to hold plenty of tournaments after the ATP Tour began talks about a potential partnership with its sovereign wealth fund.
The leading figures in the controversial partnership between Saudi Arabia and the PGA Tour have been summoned to attend a United States Senate hearing next month.
WASHINGTON: A US Senate panel on Wednesday invited PGA Tour Commissioner Jay Monahan, Saudi Arabia's Public Investment Fund Governor Yasir al-Rumayyan and LIV Golf CEO Greg Norman to testify at a Jul 11 hearing.