Senate Probes Saudi-Backed LIV-PGA Merger—Questioning Its Non-Profit Status

  • 📰 Forbes
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

The PGA Tour’s long-held tax exemption is under federal scrutiny amid the American institutions’s influx of Saudi cash.

on the “risks posed by a foreign government entity assuming control over a cherished American institution."Los Angeles Times via Getty ImagesIn letters sent separately to PGA Tour commissioner Jay Monahan and LIV commissioner Greg Norman, the panel’s chairman, Sen. Richard Blumenthal , asked for documents and communications pertaining to the recent surprise merger between the PGA Tour and Saudi Arabia’s Public Investment Fund, which bankrolled LIV.

Blumenthal asked the golf executives to provide records by June 26 for all communications between the rival tours leading up to the deal, as well as further information on the structure of the new golf empire.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 394. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Senator opens investigation into PGA Tour merger with Saudi-backed LIV GolfThe sudden merger between PGA Tour and Saudi-owned Liv Golf has invited scrutiny from federal lawmakers.
ソース: CNBC - 🏆 12. / 72 続きを読む »