Pressured by U.S., PGA Tour and Saudi Fund Drop Key Part of Golf Deal
Posted inAntitrust Laws and Competition Issues Blumenthal, Richard Golf Johnson, Dustin Justice Department LIV Golf Monahan, Jay W (1970- ) PGA Tour Inc Saudi Arabia Senate Sovereign Wealth Funds United States

Pressured by U.S., PGA Tour and Saudi Fund Drop Key Part of Golf Deal

The two parties had promised not to poach each other’s players. Their decision to abandon that clause removes one of the few binding provisions of the agreement that has rocked golf.
PGA Tour Wanted Greg Norman Ousted as Part of Saudi Deal
Posted inBlumenthal, Richard DP World Tour Golf Herlihy, Edward D Justice Department Law and Legislation LIV Golf McIlroy, Rory Mergers, Acquisitions and Divestitures Monahan, Jay W (1970- ) Norman, Greg PGA Tour Inc Public Investment Fund (Saudi Arabia) Rumayyan, Yasir al- Saudi Arabia Stephenson, Randall L United States Politics and Government Woods, Tiger

PGA Tour Wanted Greg Norman Ousted as Part of Saudi Deal

The American circuit’s efforts were made public in documents that Congress released on Tuesday.
Other Sports Faced Congress’s Glare. Now Golf Will Get Its Turn.
Posted inAntitrust Laws and Competition Issues Blumenthal, Richard Clemens, Roger Golf Johnson, Ron (1955- ) Johnson, Ronald A Law and Legislation LIV Golf Monahan, Jay W (1970- ) Nicklaus, Jack Norman, Greg PGA Tour Inc Politics and Government Public Investment Fund (Saudi Arabia) Rumayyan, Yasir al- Senate Stengel, Casey Stephenson, Randall L

Other Sports Faced Congress’s Glare. Now Golf Will Get Its Turn.

A Senate hearing on Tuesday is just one part of Washington’s scrutiny of the PGA Tour’s deal with Saudi Arabia’s sovereign wealth fund.
Golf’s Titanic Deal Stokes Anger on Capitol Hill
Posted inAntitrust Laws and Competition Issues Blinken, Antony J Blumenthal, Richard Committee on Foreign Investment in the United States (CFIUS) Foreign Investments Golf Justice Department LIV Golf Mergers, Acquisitions and Divestitures Monahan, Jay W (1970- ) PGA Tour Inc Rumayyan, Yasir al- Saudi Arabia Senate Sovereign Wealth Funds United States Politics and Government Washington (DC)

Golf’s Titanic Deal Stokes Anger on Capitol Hill

American lawmakers and officials are studying the pact between the PGA Tour and Saudi Arabia’s sovereign wealth fund.