PGA Official Tells Senate Lawmakers Saudi Investment In New Entity Will Be “North Of $1 Billion”

  • 📰 DEADLINE
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

PGA officials were in the hot seat on Tuesday as they faced lawmakers questions about the tour’s abrupt reversal that led to a deal with Saudi-backed rival LIV, despite months of criticism ov…

officials were in the hot seat on Tuesday as they faced lawmakers questions about the tour’s abrupt reversal that led to a deal with Saudi-backed rival LIV, despite months of criticism over the human rights record of the Saudi gpvernment.

Homeland Security Permanent Subcommittee On Investigations, PGA COO Ron Price, pressed to provide an estimate of just how much the Saudi Arabian Public Investment Fund would contribute to a new entity, said that “north of $1 billion” was being discussed, but that negotiations on a final agreement were ongoing.

 

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 İE

Ireland Ireland Latest News, Ireland Ireland Headlines