PGA Tour- LIV Golf Deal
PGA Tour executives Ron Price and Jimmy Dunne testified on the controversial merger with Saudi-owned LIV Golf during a hearing before the Se… read more
PGA Tour executives Ron Price and Jimmy Dunne testified on the controversial merger with Saudi-owned LIV Golf during a hearing before the Senate Homeland Security and Governmental Affairs Subcommittee on Investigations. Both told lawmakers the two sports leagues are currently in a framework deal that sets parameters for ongoing negotiations for a finalized partnership. LIV Golf is funded by the Saudi Arabia Public Investment Fund (PIF), a state-owned fund controlled by Saudi Crown Prince Mohammed bin Salman. The partnership has garnered much criticism from the public as well as lawmakers because of Saudi Arabia’s long-standing issues with human rights violations. close
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Points of Interest
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PGA Tour COO Says There Were Talks of "North of $1 Billion" Saudi Investment in PGA-LIV Deal
PGA Tour Chief Operating Officer Ron Price tells a Senate panel that there were discussions of "north of $1 billion in i…
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