Senator opens investigation into PGA Tour merger with Saudi-backed LIV Golf

The Saudi government has been accused of wide-reaching human rights violations, including the orchestration of the murder of Washington Post journalistThe June 6 merger announcement was a "sudden and drastic reversal of a position concerning LIV Golf," wrote Blumenthal, who chairs the Senate Permanent Subcommittee on Investigations. The Tour and its commissioner had previously spoken out strongly against LIV and its role in professional golf.

Meanwhile, the Saudi government's Private Investment Fund, which owns LIV, had made clear plans to use investments in sports to further the Saudi government's objectives, according to Blumenthal's letter. "PGA Tour's agreement with PIF regarding LIV Golf raises concerns about the Saudi government's role in influencing this effort and the risks posed by a foreign government entity assuming control over a cherished American institution," Blumenthal wrote.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

The PGA Tour-LIV Golf merger, explained: Who won, who lost, what it means for fansIn one of the most consequential moments in golf history, the PGA Tour and LIV Golf announced on Tuesday morning that they would combine operations to create an as-yet-unnamed new worldwide golf entity. The agreement ends litigation between the two tours, provides a potential pathway for LIV Golf players to rejoin the PGA Tour, and sets up a framework where Saudi Arabia's Public Investment Fund (PIF) now has a significant stake in the future of men's professional golf.
مصدر: WOKVNews - 🏆 247. / 63 اقرأ أكثر »

LIV Golf, PGA Tour merger was inevitable; so is the blowbackCriticism of golf merger may be valid, but face it: We're all partners when it comes to supporting Saudi Arabia with our money
مصدر: sdut - 🏆 5. / 95 اقرأ أكثر »

PGA Tour-LIV Golf merger 'disruptive’ for the sports industry, 'Shark Tank' star says'Shark Tank' star and investor Kevin O'Leary says the PGA Tour and LIV Golf merger makes the sport bigger and better – calling on tennis, soccer, and Formula 1 to 'bring it on.'
مصدر: FoxNews - 🏆 9. / 87 اقرأ أكثر »