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World tour have agreed to a shock merger with the saudi backed liv golf. This comes despite the pending litigation between pga and liv. That will now be halted as they move forward as part of the same enterprise. Over the past year liv golf caused huge disruption in the mens game, with top players such as rory mcllroy and tiger woods boldly criticising it. But other players such as Brooks Koepka joined liv golf for large sums with the backing of the Saudi Arabia Public Investment fund. The bbc s golf correspondent iain carter believes it is the big investment being offered that has made this deal possible. Players can get along fine when they are playing for the biggest prizes. Money is the massive driver here, the likes of rory mcilroy and the establishment from the live setup, they used to be west friends. Michael roy was a groomsmen at garcias wedding. They ....
world tour have agreed to a shock merger with the saudi backed liv golf. this comes despite the pending litigation between pga and liv. that will now be halted as they move forward as part of the same enterprise. over the past year liv golf caused huge disruption in the men s game, with top players such as rory mcllroy and tiger woods boldly criticising it. but other players such as brooks koepka joined liv golf for large sums with the backing of the saudi arabia public investment fund. the bbc s golf correspondent iain carter believes it is the big investment being offered that has made this deal possible. players can get along fine when they are playing for the biggest prizes. money is the massive driver here, the likes of rory mcilroy and the establishment from the live setup, they used to be west friends. michael roy was a groomsmen at garcia s wedding. they now do not speak. but that sort of thing will be shoved to one side. what we wait to see is what shape men s ....
This time it s coinbase, the largest crypto trading platform in america. the securities and exchange commission or sec, wall street s main regulator, is suing coinbase for operating as an exchange without registering as one. it comes a day after the sec filed 13 charges against binance and its billionaire creator. our north america business correspondent samira hussain reports from new york. in these latest charges the sec said that coinbase acted as a broker exchange and clearing agency for investment that are subject to sec rules. but agency for investment that are subject to sec rules. sub ect to sec rules. but they did subject to sec rules. but they did so without subject to sec rules. but they did so without properly - did so without properly registering and that allowed the firm to escape oversight. the charges against coinbase were not a surprise as a publicly traded company it disclosed in march this year ....