Tennis should not pursue Saudi investment, says McEnroe

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

Seven-time Grand Slam singles champion John McEnroe said tennis should not seek Saudi investment and called golf's PGA Tour hypocritical after it reached an agreement with the country's sovereign wealth fund.Earlier in June, the PGA Tour, DP World Tour and rival LIV circuit, which previously engaged in a

Seven-time Grand Slam singles champion John McEnroe said tennis should not seek Saudi investment and called golf's PGA Tour hypocritical after it reached an agreement with the country's sovereign wealth fund.

The chairman of tennis's ATP Tour, Andrea Gaudenzi, told the Financial Times last week he has held discussions with Saudi Arabia's Public Investment Fund and other potential investors on projects including infrastructure, events and technology investment. "What about Ronaldo? He's being paid a couple hundred million a year. They have been buying players in other sports, brought boxing fights, you name it," he said.

 

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:

 /  🏆 6. in BUSÄ°NESS

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.

Saudi investment in tennis won't replicate golf's woes: TileyAustralian Open chief Craig Tiley believes any Saudi investment in tennis is unlikely to have the same impact as the country's disruptive entry into golf because talks are focused on bolstering the current structures of the game.ATP Chairman Andrea Gaudenzi told the Financial Times last week that he had h
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »