Analysis: PGA Golf Merger Is Saudi Arabia’s Biggest Soft Power Win Yet

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

Business News News

Business Business Latest News,Business Business Headlines

Sport The shock merger of the PGA Tour and LIV Golf means Saudi Arabia’s strategy of using vast oil riches to boost its soft power by investing billions in global sports can claim its biggest victory

to date.

The kingdom’s Public Investment Fund spent hundreds of millions of dollars attracting some of the PGA’s most famous names, including Phil Mickelson and Dustin Johnson, to its LIV tournaments. The ...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PGA Tour 'could have been in financial turmoil' without LIV merger - Padriag HarringtonPadraig Harrington has said the merger between the PGA Tour and LIV golf is a “huge u-turn” and he believes concerns over the cost of litigation between the parties hastened the deal.
Source: thejournal_ie - 🏆 32. / 50 Read more »

Pádraig Harrington says ‘sportswashing does work’ as controversy over PGA Tour and Liv merger rumbles on‘Golf gets bashed a lot in the media but the four Irish golfers approached did not go’
Source: IrishTimesSport - 🏆 2. / 99 Read more »

Give Me a Crash Course in ... the PGA Tour-LIV Golf mergerDidn’t they hate each other? What changed? And what happens next?
Source: IrishTimes - 🏆 3. / 98 Read more »