LIV, Saudi Arabia’s breakaway league, split men’s professional golf. Now, the drama is coming to one of the sport’s most hallowed stages.
Category: Sovereign Wealth Funds
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LIV Golf Talks a Big Game to the Global Elite. Now Come the Majors.
The New York Times – Sports:Despite setbacks, LIV’s executives insist the Saudi-backed league is soaring. For many fans, the rhetoric is less important than results at events like the Masters Tournament.
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Kushner’s Firm Was Backed by Investments From the Emirates and Qatar
The New York Times – Business:The infusion of money from interests in the two Persian Gulf monarchies reflects the close ties to Middle Eastern nations established by Jared Kushner, former President Donald Trump’s son-in-law.
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Forged After a Tumultuous Era, World Golf Championships Fade in Another
The New York Times – Sports:A match play event in Texas may be the last W.G.C. event, ending an international competition that preceded golf’s high-rolling present.
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PGA Tour Can Depose Saudi Wealth Fund’s Leader, Judge Rules
The New York Times – Sports:The decision in a case involving the LIV Golf series could open a rare window into the operations of Saudi Arabia’s Public Investment Fund.
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Power to Punish LIV Golfers Faces a Legal Test in Europe
The New York Times – Sports:An arbitration panel will meet next week to weigh whether the European Tour may penalize the men who played on the Saudi-backed circuit.
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PGA Tour Seeks to Add Saudi Wealth Fund to Lawsuit Over LIV Golf
The New York Times – Sports:A federal judge will decide whether one of the tour’s leading avenues to investigate and challenge a new rival can be expanded.
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LIV Golf Series Reaches TV Deal With The CW
The New York Times – Sports:After its debut season was relegated to internet platforms, the circuit that includes Phil Mickelson and Cameron Smith will be on the CW network in 2023.