PGA Tour’s: The major players in the contentious collaboration between Saudi Arabia’s Public Investment Fund (PIF), the PGA Tour, and the DP World Tour have been summoned to a US Senate hearing next month.
PGA Tour commissioner Jay Monahan, PIF governor Yasir Al-Rumayyan of Saudi Arabia, and LIV Golf CEO Greg Norman have been summoned to appear before the Permanent Subcommittee on Investigations on July 11 to discuss the Tour’s shocking merger with the PIF, which supported the breakaway LIV tour.
The PGA Tour announced a week ago that it will establish a new commercial organisation with the DP World Tour and the PIF, which it claims will “unify golf” and resolve a legal struggle between the PGA Tour and LIV Golf.
This unexpected development has sparked outrage, with the Senate initiating an inquiry, followed by the announcement of the hearing.
“The PGA Tour announced a week ago that it will establish a new commercial organisation with the DP World Tour and the PIF, which it claims will “unify golf” and resolve a legal struggle between the PGA Tour and LIV Golf,” said Senator Richard Blumenthal on his twitter account.
“Americans have a right to know the structure and governance of this new entity. Major players in the agreement are best positioned to disclose this information, and they deserve answers in public to Congress – and the American people.”
“Fans, players, and concerned citizens have many questions about the planned agreement between the PGA Tour and LIV Golf,” Senator Richard Johnson, who also serves on the committee, noted.
“I am excited to hear from those who are best positioned to inform the public about the current state of professional golf.
“I am hopeful that this hearing, and any other role that Congress plays in this matter, will be constructive.”
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