The bitter split known as “golf’s civil war” came to an unexpected end last week with the merger between Saudi Arabia’s LIV Golf venture and the PGA Tour and European Tour. Insiders reveal that as part of the peace deal, Saudi money will be allocated to PGA loyalists who declined offers to join the rival …
Two prominent Senate Democrats, Sens. Elizabeth Warren of Massachusetts and Ron Wyden of Oregon, known for their focus on business and antitrust matters, have called for a Justice Department investigation into the merger agreement between the PGA Tour and Saudi-funded LIV Golf. In a letter addressed to Attorney General Merrick Garland and the DOJ’s antitrust …
PGA Tour Commissioner, Jay Monahan, will be taking a leave of absence to focus on recuperating from a medical condition, according to a statement released by the organization on Tuesday. While no details have been given regarding the nature of Monahan’s condition, the PGA Tour assures the public that they fully support him and requests …
Passengers travelling on the Sligo to Dublin line may face a disappointing journey with a lack of refreshment options. Even the most inventive amongst us may struggle to find a solution to the absence of Kit-Kats and tea. On a different note, one can always rely on the humorous stories shared by readers, such as …
The professional golf world has been shaken up by the creation of a new umbrella entity, funded mainly by the Saudi government, which brings together what were once three separate tours. The announcement has led to some big names being lured away from their former tours by huge financial incentives, with Tiger Woods reportedly being …
The PGA Tour, once known for its moral stance against LIV Golf league, has made a stunning reversal and merged with the rival league, which gets its funding from Saudi Arabia. PGA Tour Commissioner, Jay Monahan, previously suspended 17 players who defected to LIV for prioritizing money over morality, only to join them later for …
The PGA Tour and LIV Golf have agreed to merge in a deal that will unite the two golf entities and resolve ongoing litigation. The agreement will combine the commercial businesses and rights of both entities, including the DP World Tour. LIV Golf, backed by Saudi Arabia’s Public Investment Fund, has been facing antitrust lawsuits …
According to an undisclosed source, the Saudi-backed fund supporting LIV Golf is acquiring a 20% stake in the union between the European DP World Tour and the PGA Tour, which could cost about $2 billion at current valuations. The Public Investment Fund of Saudi Arabia will be a minor investor, with the PGA Tour maintaining …