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PGA Tour happy it can see off any US investigation into LIV Golf alliance

The PGA Tour remains comfortable it can see off any US justice department investigation into the controversial alliance with Saudi Arabia’s Public Investment Fund as pressure from US senators over the deal intensifies.

In a statement, the PGA Tour said: “We are confident that once all stakeholders learn more about how the PGA Tour will lead this new venture, they will understand how it benefits our players, fans, and sport while protecting the American institution of golf.” In essence, the governing body believes there is general ignorance about what it is seeking to achieve.

The PGA Tour and PIF, until recently sworn enemies in elite golf’s battle for hearts and minds, plan to align in a new umbrella entity to control professional golf. The DP World Tour is also included in the deal. Costly and time-consuming litigation between the PGA Tour and the Saudi-backed LIV Golf has been halted after the parties made peace.

The justice department informed the PGA Tour on Thursday the agreement could face review due to antitrust concerns. On the same day, Senator Ron Wyden added his voice to those on Capitol Hill who object to the PGA tour and PIF proposal. Wyden questioned whether “America’s national interests” are best served by the deal. Washington does have previous for blocking commercial deals that are regarded as politically unpalatable.

Wyden added: “The PGA Tour’s involvement with PIF raises significant questions about whether organisations that tie themselves to an authoritarian regime that has continually undermined the rule of law should continue to enjoy tax-exempt status in the United States.” The PGA Tour has long existed as a 501(c)(6) company, the status of a non-profit members’ organisation.

“The C6 still stays

Read more on theguardian.com