Senate Subcommittee Sets Tee Time For First Hearing On LIV Golf-PGA Tour Merger

  • 📰 DEADLINE
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The Senate subcommittee investigating the recent merger of rivals the PGA Tour and LIV Golf League has set its first hearing for next week, inviting two PGA Tour execs to testify. PGA Tour COO Ron …

PGA Tour COO Ron Price and board member Jimmy Dunne will testify before the Senate Permanent Subcommittee on Investigations on July 11.

The panel will probe the merger deal, reached June 6, citing its impact on the future of the sport as well its implications for Saudi Arabia’s influence in the U.S. LIV, which had lured several of the PGA Tour’s top players to its side as part of the bitter feud with the PGA, is backed by the Saudi Arabia Public Investment Fund.

In a letter to Monahan last month announcing the Senate probe, Sen. Richard Blumenthal said the PGA’s “sudden and drastic reversal of position concerning LIV Golf raise[s] serious questions regarding the reasons for and terms behind the announced agreement.”

 

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:

 /  🏆 109. 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 officials will testify in a Senate hearing on LIV Golf mergerThe leaders of a Senate investigative subcommittee say two PGA Tour officials will testify at a hearing next week on the organization’s merger with Saudi Arabia-backed LIV Golf.
Source: NBCNews - 🏆 10. / 86 Read more »

Two PGA tour officials to testify to US Senate panel about merger with Saudi-backed LIVTwo PGA Tour officials will testify before a U.S. Senate panel next week about the tour's merger with Saudi-backed LIV Golf, but LIV officials declined to appear, lawmakers said on Monday.
Source: Reuters - 🏆 2. / 97 Read more »

Tiger Woods breaks silence on LIV Golf-PGA Tour merger by denying explosive ‘leaked’ speechTiger Woods cryptically broke his silence on the merger between PGA Tour and LIV Golf.
Source: nypost - 🏆 91. / 67 Read more »

Trump says he believes LIV-PGA merger will go through: 'Very good for golf'Former President Donald Trump spoke favorably of the controversial merger between LIV Golf and PGA Tour.
Source: dcexaminer - 🏆 6. / 94 Read more »

Senators secure PGA testimony, say LIV Golf reps a no-show due to schedulingA bipartisan duo of lawmakers said Monday that a pair of senior PGA Tour officials will testify on July 11 at a hearing on the tour’s merger with LIV Golf and what it means for the future of the game and Saudi influence in the U.S.
Source: WashTimes - 🏆 235. / 63 Read more »