PGA Tour Boss Jay Monahan Blames Lack of Congressional Action for LIV Golf Merger

  • 📰 BreitbartNews
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

PGA Tour chief Jay Monahan tried to blame his organization’s merger with the Saudi-backed LIV Golf on a lack of action by Congress.

PGA Tour commissioner Jay Monahan tried to blame his organization’s merger with the Saudi-backed LIV Golf on a lack of action by Congress in comments on Tuesday.on June 6, shocking the golf world, especially since PGA Tour officials denounced the LIV Golf “blood money” and its links to “dictators.”that the PGA Tour was forced to merge with the Saudi golf concern because of the federal government’s alliances with Saudi Arabia, Fox News reported.

“During this intense battle, we met with several members of Congress and policy experts to discuss the PIF’s attempt to take over the game of golf in the United States, and suggested ways that Congress could support us in these efforts,” Monahan wrote.

“We believe that we did everything we could possibly do to defend what we stand for, including spending tens of millions of dollars to defend ourselves from litigation instigated by LIV Golf – significant funds diverted away from our core mission to benefit our players and generate charity,” the Tour chief said.that the Saudis intend to infuse as much as $2 billion into the combined entity — which is thus far unnamed — and will have a seat on the board.

 

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:

 /  🏆 610. in BUSİNESS

Business Business Latest News, Business Business Headlines