Home United States USA — Science Senator Richard Blumenthal Initiates Probe Of PGA Tour And LIV Golf’s Planned...

Senator Richard Blumenthal Initiates Probe Of PGA Tour And LIV Golf’s Planned Merger

103
0
SHARE

Pro golf’s kumbaya moment faces first obstacle as senator Richard Blumenthal begins investigation into the deal.
Pro golf’s rift between the Saudi-funded upstart LIV and the incumbent PGA Tour has cast a pall over the sport for nearly a year and a half. However, last week, an abrupt and shocking conclusion came to this heated battle with the announcement of an agreement to unify the top rungs of men’s professional golf under one umbrella. Today, senator Richard Blumenthal has raised questions about the legality of the proposed deal.
The Chair of the Senate’s Permanent Subcommittee on Investigations sent letters to Jay Monahan and Greg Norman, the commissioners of the formerly embattled organizations, requesting records, documentation and emails related to the agreement between the PGA Tour and the Saudi Arabian Public Investment Fund which owns LIV Golf.
“While few details about the agreement are known, PIF’s role as an arm of the Saudi government and PGA Tour’s sudden and drastic reversal of position concerning LIV Golf raise serious questions regarding the reasons for and terms behind the announced agreement,” Blumenthal wrote in the letter.

Continue reading...