British Open: R&A CEO Martin Slumbers open to future Saudi Arabian investment

  • 📰 WOKVNews
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Saudi Arabia won't become a title sponsor of the British Open — that's not on the table for anybody — but R&A CEO Martin Slumbers said Wednesday that he was open to accepting money from the country's Public Investment Fund in the future.

The R&A is one of the main governing bodies in golf, though it is separate from the DP World Tour just like the USGA is separate from the PGA Tour and the PGA of America. USGA CEO Mike Whan said at the U.S. Open last month in Los Angeles that, as far as he was aware, the PIF hasn’t contacted them about investing.allegations of"sportswashing" and plenty of criticism

"The world of sport has changed dramatically in the last 12 months, and it is not feasible for the R&A or golf to just ignore what is a societal change on a global basis," Slumbers said."We will be considering within all the parameters that we look at all the options that we have."The British Open will offer a record $16.5 million purse this week. The winner will receive $3 million, which is $500,000 more than Cam Smith received for winning last year at St. Andrews.

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:

 /  🏆 247. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines