US Congress probes PGA-LIV Tour merger involving Saudi money

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Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

The deal unveiled last week raises questions about the role of the Saudi government in the accord.

THE US CONGRESS has launched a probe into the surprise merger of the PGA Tour with Saudi-backed LIV Golf, the chair of an investigative panel announced.

The merger settled a legal battle between the rival tours only a year after LIV Golf launched with several stars who had jumped from the PGA for big-money offers from the upstart series.LIV Golf was launched in October 2021 and lured top PGA Tour talent with record $25 million purses and money guarantees, bankrolled by Saudi Arabia’s Public Investment Fund .

 

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