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The deal to bring Saudi investment into the PGA shocked the golf world and invited scrutiny from Congress as well as the Justice Department, which is looking into potential antitrust violations.
A PGA Tour executive has told Congress that Saudi Arabia’s sovereign wealth fund agreed to invest more than $1 billion in a new commercial entity controlled by the tour. Ron
Members of a Senate subcommittee pressed PGA Tour executives at a hearing Tuesday over the golf organization's framework agreement with LIV Golf, with lawmakers questioning the tour's unexpected decision to merge with the Saudi-funded league.
Documents released by a Senate subcommittee Tuesday contain new details about the roles that LIV hoped Rory McIlroy and Tiger Woods would fill.
A PGA Tour executive has told Congress that Saudi Arabia’s sovereign wealth fund agreed to invest more than $1 billion in a new commercial entity controlled by the tour