PGA Tour, European Tour and LIV announce merger
The PGA Tour, European Tour and rival Saudi-backed LIV Golf circuit announced a landmark agreement on Tuesday (Jun 6) to merge and form a commercial entity to unify golf.
Yasir Al-Rumayyan Sport News
PGA Tour, European Tour and LIV Golf agree landmark merger
The long-running stand-off in golf ended on Tuesday as the PGA Tour, European Tour and Saudi-backed LIV Golf circuit announced a landmark agreement to merge and form a commercial entity to unify golf.
DGDA chief Jerry Inzerillo welcomes privatization of Diriyah Sports Club
RIYADH: Jerry Inzerillo, group CEO of the Diriyah Gate Development Authority, has commended the launch of the Sports Club Investment and Privatization Project by Crown Prince Mohammed bin Salman, the landmark project that has led to the transfer of ownership of the Diriyah Sports Club from the Ministry of Sport to the DGDA.
PGA Tour and LIV Golf merge to end golf's 'civil war'
The US-based PGA Tour said they had "signed an agreement that combines PIF's (Saudi Public Investment Fund's) golf-related commercial businesses and rights (including LIV Golf) with the commercial businesses and rights of the PGA TOUR and DP World Tour into a new, collectively owned, for-profit entity".
Next World Forum returns for its second edition
RIYADH: The biggest names in the world of international gaming and esports will gather in Riyadh for the second Next World Forum, a global industry gathering created to shape the future of the sector through knowledge exchange, discourse and debate. This year’s edition will build on 2022’s success with high-profile guests leading discussions and deep analysis of a business worth $170 billion, more than Hollywood and the music industry combined.
Al-Ittihad agrees terms to sign Karim Benzema
JEDDAH: Saudi Pro League champions Al-Ittihad have agreed terms to sign Karim Benzema, it was announced on Tuesday.
Shock merger 'more evidence of Saudi sportswashing' claims Amnesty International
The shock announcement of a new commercial entity for golf backed by the financial power of Saudi Arabia’s sovereign wealth fund is "just more evidence of the onward march of Saudi sportswashing", Amnesty International has said.
PGA Tour and LIV Golf merge to end golf’s ‘civil war’
MIAMI: The PGA Tour and DP World Tour announced on Tuesday that they have merged their commercial operations with the Saudi-backed LIV Golf and ended all litigation, bringing to a close the sport’s bitter two-year rift. In a bombshell agreement that caught the golf world by surprise, the US-based PGA Tour said they had signed an agreement that combines its activities with the Saudi financiers’ golf-related businesses and those of the DP World Tour to form “a new collectively owned, for-profit entity.” LIV Golf was launched in October 2021 and lured top PGA Tour talent with record $25 million purses and money guarantees.