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U.S. Secretary of State Antony Blinken (not pictured) meets with Saudi Crown Prince Mohammed bin Salman, in Jeddah, Saudi Arabia, June 7, 2023. "If sportswashing (is) going to increase my GDP by 1%, then we'll continue doing sportswashing," the crown prince told Fox News. Saudi Arabia denies accusations of human rights abuses and says it protects its national security through its laws. When asked specifically about the term "sportswashing", the crown prince said: "I don't care. Saudi Arabia has been hosting a Formula One Grand Prix since 2021 and has also held boxing world title fights.
Persons: Antony Blinken, Saudi Crown Prince Mohammed bin Salman, Saudi Arabian Crown Prince Mohammed bin Salman, we'll, PIF, LIV, Hritika Sharma, Michael Perry Organizations: Saudi Crown, Saudi Royal Court, REUTERS, Saudi Arabian Crown, Fox News, Public Wealth Fund, Premier League, Newcastle United, PGA, Saudi Pro League, Thomson Locations: Jeddah, Saudi Arabia, Bandar, Saudi, Hyderabad
Call it whatever you want, we're going to get that one and a half percent," the crown prince said. The Saudi Public Investment Fund (PIF), an entity controlled by Crown Prince Mohammed, has backed Saudi soccer clubs and LIV Golf. The LIV Golf merger with the PGA Tour has faced widespread scrutiny. Key U.S. lawmakers have criticized the pending golf merger as an attempt by the kingdom to distract from its human rights record. Prior to the deal, LIV Golf sued the PGA Tour for alleged anticompetitive practices, which prompted the PGA Tour to countersue, saying LIV Golf was stifling competition.
Persons: Saudi Arabian Crown Prince Mohammed bin Salman Al Saud, Prince Mohammed bin Salman, sportswashing, I'm, Critics, Jamal Khashoggi, Cristiano Ronaldo, Dustin Johnson, Bryson DeChambeau, LIV Golf, Crown Prince Mohammed, LIV, Osama bin Laden, It's, Sen, Richard Blumenthal, Conn, Jimmy Dunne, Ron Price, Price, Benjamin Freeman, — CNBC's Lillian Rizzo, Chelsey Cox Organizations: Saudi, Saudi Arabian Crown, Partnership, Global Infrastructure, Fox News, Washington Post, Neymar, PGA Tour, Saudi Public Investment Fund, Crown, Reuters, PGA, Key U.S, Homeland Security, Governmental Affairs, Tour, Quincy Institute, Responsible Locations: Saudi Arabian, New Delhi, India, Saudi, Europe, Saudi Arabia, Key, Yemen
1 Scottie Scheffler, were not even born the last time the Americans won a Ryder Cup on European soil. That was in 1993 at The Belfry, when Ryder Cup rookie Davis Love III made the cup-clinching putt. “I think one of the great accomplishments in our game now is to win an away Ryder Cup,” Rory McIlroy said. The PGA of America runs the Ryder Cup — not the tour — though the only access to Ryder Cup points for Americans was the majors. Missing from the European team for the first time since 1997 is Sergio Garcia, the leading scorer in Ryder Cup history.
Persons: Jordan Spieth, , Tommy Fleetwood of, Xander Schauffele’s, ’ ” Fleetwood, Marco Simone, LIV, Brooks Koepka, Scottie Scheffler, Davis Love, , ” Scheffler, Tiger Woods, Phil Mickelson, Spieth, Dustin Johnson, we’ve, Zach Johnson, ” Rory McIlroy, it’s, ” McIlroy, , Johnson, “ He’s, ” Johnson, Koepka, Henrik Stenson, Luke Donald, Ian Poulter, Sergio Garcia, Jon Rahm, Garcia, Donald, Nicolai Hojgaard, Ludvig Aberg, McIlroy, ” Marco Simone, ___ Organizations: Ryder, Team USA, U.S ., of Fame, U.S, , America, LIV, Europe, Valderrama, K Locations: Rome, Europe, Whistling Straits, Wisconsin, Saudi, U.S, France, Spain, Northern Ireland, Denmark, European, Ireland
The PGA Tour is returning to Maui to start the new season with the Sentry Tournament of Champions at Kapalua, five months after deadly wildfires destroyed nearby Lahaina and claimed at least 97 lives. PGA Tour Commissioner Jay Monahan had said last month he hoped the tournament could be a source of inspiration for Maui and Lahaina, about 10 miles away from where the PGA Tour has started its year since 1999. The tour sent a memo to players Thursday that it will be back at Kapalua for the Jan. 4-7 opener. The Bay Course at Kapalua opened on Wednesday, and the Plantation Course where the tournament is held is to open on Oct. 18. The Sentry Tournament of Champions, for years only for PGA Tour winners, now is for the top 50 from the previous year’s FedEx Cup along with any tour winner from 2023.
Persons: Jay Monahan, Josh Green, , Tyler Dennis, ” Dennis, Xander Schauffele, Collin Morikawa, Jon Rahm, ___ Organizations: PGA, Hawaii Gov, Green, Maui, Maui Food Bank, UH, PGA Tour, FedEx Locations: Maui, Lahaina, Kapalua, Hawaii, West Maui, . Wisconsin, Maui United, Maui County
Meanwhile, failed uprisings in Bahrain and eastern Saudi Arabia were followed by years-long crackdowns and a continuing civil war in Syria. “What we’re beginning to see in Saudi Arabia right now is the emergence of a new social contract. Saudi Arabia is the world’s biggest exporter of crude oil, and nearly two-thirds of its income still comes from selling fossil fuels. If Saudi Arabia can become a hub for major sporting events, then that’s a way of attracting interest to the country,” said Maguire. In response to previous criticism about Saudi Arabia’s purported “sportswashing,” the kingdom’s sports minister Prince Abdulaziz bin Turki Al-Faisal said: “People that don’t know Saudi Arabia, have never been to Saudi Arabia, go out and talk about it as if they’ve lived there for 30 years, 40 years.
Persons: Hilal, Kylian Mbappé, Germain, Neymar Jr, Ballon d’Or, Cristiano Ronaldo, Nassr, Patricia de Melo Moreira, it’s, Saudi Crown Prince Mohammed bin Salman –, Leon Neal, Ballon, Karim Benzema, Al Hilal, spender, , Carlo Nohra, Jordan Henderson, Henderson, , ’ ” Simon Chadwick, “ We’ve, ” Chadwick, King Salman bin Abdulaziz Al Saud, Al Nassr, Stringer, you’re, Kieran Maguire, they’re, Everybody’s, ” Maguire, Chadwick, Ronaldo, Maguire, … Mohammed bin Salman, ” James Dorsey, , Chadwick –, Mohammed bin Salman, Saudi Arabia’s, Prince Abdulaziz bin Turki Al, Faisal, don’t, they’ve, LIV Golf, Jimmy Dunne, LIV, Dunne, Aleksander Ceferin, Erling, Haaland, Jurgen Klopp, Michael Emenalo, Steven Gerrard, Nohra, ” “ They’ve Organizations: CNN, Saudi, Al, Paris Saint, PSG, Saudi Pro League, Ligue, Liga, Serie, Bundesliga, English Premier League, Deloitte, Investment Fund, AFP, Getty, SPL, Saudi Crown, Spanish, Arsenal, CNN Sport, English, Newcastle United, Liverpool, The Athletic, SKEMA Business School, Argentina, Zamalek, King Fahd Sports City, Anadolu Agency, Chelsea, Manchester United, Manchester City, Football, AFC Asian, FIFA, Greece, Royal Spanish Football Federation, Spanish Super, , Amnesty International, Amnesty, Middle East Soccer, Saudi Ministry, Sport, PGA Tour, European, UEFA, Premier League, Ettifaq Media, Reuters New Saudi Pro League, Major League Soccer, La Liga, Peterson Institute for International Economics, Russian Direct Investment Fund, Investigations, PGA Locations: Saudi Arabian, Brazil, Saudi, Ittihad, Al, Ahli, Real Madrid, England, France, Germany, Spain, Italy, Saudi Arabia, Liverpool, China, Qatar, Taif, Egypt, Spanish, East, North Africa, Libya, Yemen, Tunisia, Bahrain, Syria, , , Europe, ” Liverpool
CNN —Phil Mickelson has opened up about his gambling addiction, saying on Monday that it was like a “hurricane” which “caused a lot of damage” in his life. Mickelson, who has previously talked about his struggles with sports gambling, posted on X – formerly known as Twitter – about his journey with his addiction in reference to the beginning of the NFL season. “Most of you will enjoy this football season with moderation while having lots of fun and entertainment,” the six-time major winner wrote. It’s like a hurricane is going on outside and I’m isolated in a shelter oblivious to what was happening. Mickelson went on to give his advice to others that might be struggling with gambling problems.
Persons: Phil Mickelson, , Mickelson, ” Mickelson, wasn’t, I’ve, Amy, , “ I’m, Billy Walters, Walters, wagered, ” Walters, ” “, Zach Johnson, LIV Organizations: CNN, NFL, Europe, Ryder, PGA Tour Locations: Rome, Saudi
CNN —American golfer Gary Woodland has undergone surgery to remove a tumor on his brain, an update posted to his social media accounts said. Discovered a few months prior, the Kansas-born 39-year-old said he had attempted to treat the symptoms with medication before the decision for surgery was taken. Woodland, whose last competitive appearance came at North Carolina’s Wyndham Championship in early August, will now undergo a period of rest. “Thank you for all your thoughts and prayers as he gets started on the road to recovery.”Woodland celebrates his 2019 US Open victory at Pebble Beach, California. That marks his most recent win on the PGA Tour, though he has finished twice inside the top-10 this season and ranked 74th in the world after his tied-27th finish at the Wyndham Championship.
Persons: Gary Woodland, , Harry, Brooks Koepka Organizations: CNN, Kansas -, North Carolina’s Wyndham, PGA Tour, PGA, Wyndham Championship Locations: Kansas, North, Beach , California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGolf legend Fred Couples on the PGA Tour-LIV Golf partnership and the future of the PGA TourFred Couples, Fmr. PGA champion, joins 'Closing Bell' to discuss golfing for charity, The PGA Tour-LIV golf merger and the future of the PGA Tour.
Persons: Fred Couples, LIV, Fmr Organizations: PGA, PGA Tour
Legendary golfer Gary Player thinks government and sports shouldn't mix, as the golf world goes through a major merger that has triggered antitrust concerns. He was an ambassador for Golf Saudi, an organization pushing to make the Kingdom of Saudi Arabia a more prominent force in the sport. Player also said he supports the proposed merger between Saudi-backed LIV Golf and the PGA Tour, which has drawn criticism and scrutiny from regulators and lawmakers, not to mention golfers. (Previously, Player has spoken out against players leaving the PGA Tour to join LIV Golf, saying it's for "guys that can't win one the regular tour any more.") Last week, a U.S. Senate subcommittee held its second hearing on the proposed merger.
Persons: Gary Player, We've, LIV Golf, Connecticut Sen, Richard Blumenthal Organizations: CNBC, Golf Saudi, Aramco, PGA Tour, U.S, Connecticut, Democratic, Saudi Public Investment Fund, soccer team Locations: Kingdom of Saudi Arabia, Saudi
New Zealand's Fox wins BMW PGA Championship
  + stars: | 2023-09-17 | by ( ) www.reuters.com   time to read: +1 min
[1/5] Golf - European Tour - BMW PGA Championship - Wentworth, Virginia Water, Britain - September 17, 2023 New Zealand's Ryan Fox celebrates with the trophy after winning the BMW PGA Championship alongside CEO of the PGA European Tour, Keith Pelley Action Images via Reuters/Paul Childs Acquire Licensing RightsSept 17 (Reuters) - New Zealander Ryan Fox recovered from an early triple bogey to claim victory in the BMW PGA Championship at Wentworth on Sunday, finding a birdie on the last hole to win by one stroke. Fox began the day three shots adrift and when he dropped three shots at the third he looked out of contention. World number two Rory McIlroy caught fire in his fourth round with a 65 to finish at 13 under. Fox had never managed a top-10 finish at the Wentworth event but arrived in good form after a finishing tied third at last week's Horizon Irish Open. He is the first New Zealander to win the tournament.
Persons: Ryan Fox, Keith Pelley, Paul Childs, Zealander Ryan Fox, Fox, Tyrrell Hatton, Aaron Rai, Jon Rahm, Viktor Hovland, Tommy Fleetwood, Rory McIlroy, Martyn Herman, Pritha Sarkar Organizations: BMW, Wentworth, BMW PGA, PGA European, Zealander, Ryder, Thomson Locations: Wentworth , Virginia Water, Britain
NAPA, Calif. (AP) — Sahith Theegala talked all week about the importance of having nearly three dozen family members and friends following him at the Fortinet Championship. It’s a team win,” Theegala said, his mom and dad by his side on the 18th green. Theegala, a son of Indian immigrants who played in college at Pepperdine, made the Tour Championship as a rookie last year. Before his breakthrough in Napa, Theegala had close calls at Phoenix, Hartford and Sea Island, endearing himself to fans. Theegala dropped a shot on the par-4 sixth hole after hitting his tee shot way right into a fairway bunker on No.
Persons: Theegala, ” Theegala, It’s, it’s, Kim, Cam Davis, Justin Thomas, Max Homa, Thomas ’, I’ll, They’ve, I’ve, steadied, “ That’s, , , ” Kim, Thomas, Zach Johnson's, ___ Organizations: Silverado, PGA, Ryder, Pepperdine, BMW Championship, Phoenix Locations: NAPA, Calif, California, It’s, Rome, East Lake, Napa, Hartford
Bale becomes playable character in golf video game
  + stars: | 2023-09-16 | by ( ) www.reuters.com   time to read: +1 min
Golf - European Tour - BMW PGA Championship - Wentworth, Virginia Water, Britain - September 14, 2023 Former footballer Gareth Bale is seen during the first round Action Images via Reuters/Paul Childs/file photo Acquire Licensing RightsSept 16 (Reuters) - Gareth Bale's love for golf has been well-documented and the former Real Madrid and Wales forward has swapped the pitch for the green after becoming a playable character in the PGA Tour 2K23 video game. Bale, 34, made his PGA Tour debut at the Pebble Beach Pro-Am in February after calling time on his glittering soccer career at the start of the year. The former Wales captain, who featured on the cover of Electronic Arts' FIFA 14 video game alongside Lionel Messi, has now been added to PGA Tour 2K23, which includes a course custom-designed by him. I'm here getting scanned in PGA Tour 2K23," he said in a video shared on social media. Bale's tally of 111 caps and 41 international goals are both records for the Wales men's team.
Persons: Gareth Bale, Paul Childs, Gareth Bale's, Bale, Rory McIlroy, Lionel Messi, I'm Gareth Bale, I'm, Hritika Sharma, Kim Coghill Organizations: BMW, Wentworth, Real, PGA, Wales, Electronic Arts, FIFA, Southampton, Tottenham Hotspur, Wales men's, Thomson Locations: Wentworth , Virginia Water, Britain, Real Madrid, Wales, Madrid, Qatar, Hyderabad
The Swedish sensation got up-and-down from a bunker on the par-5 18th for one last birdie to put him on 16-under 200. He is making it look easy, even if it doesn't feel that way to him. “I wish this game was easy but it’s not,” Aberg said. Four of them are within five shots of Aberg, starting with Fleetwood and including Sepp Straka and Tyrrell Hatton at 11-under 205. He looked certain to make double bogey until he poured in the bogey putt and couldn't help but smile.
Persons: — Ludvig Aberg, Connor Syme, Tommy Fleetwood, , ” Aberg, I’m, Syme, Fleetwood, Callum Shinkwin, Aaron Rai, Ryan Fox, Jon Rahm, Rory McIlroy, Captain Luke Donald —, Sepp Straka, Tyrrell Hatton, Aberg, Swede, ” Fleetwood, “ It’s, Organizations: Wentworth, Ryder, BMW PGA, Aberg, Texas Tech, PGA, University, Fleetwood Locations: VIRGINIA, England, Sweden, Swedish, Switzerland
NAPA, Calif. (AP) — Justin Thomas continued up the leaderboard Saturday at the Fortinet Championship with a 7-under 65 that matched the best score of the day and moved the former No. Kim had shared the lead with Theegala heading into the third round at Silverado Resort, but had to scramble after consecutive bogeys on the back nine. “I really stayed patient at the start of the round,” Theegala said. Kuchar drew the most attention following his best round of the tournament. Kuchar had his best day of the tournament off the tee, hitting eight of 14 fairways which led to him getting to the greens for easier putts.
Persons: — Justin Thomas, Sahith Theegala, Cam Davis birdied, Thomas, S.H, Kim, Matt Kuchar, Eric Cole, , ” Thomas, I’ve, Theegala, Kuchar, birdies, ” Theegala, Max Homa, ” Kuchar Organizations: Silverado, U.S, Ryder, FedEx Locations: NAPA, Calif
Earlier, Soderberg had taken the clubhouse lead at Wentworth with a second-round 64 despite a bogey on the first hole. The Swede made seven birdies and finished with an eagle from over 15 feet at the 18th. However, he is nine shots off the lead having made par on Thursday. All 12 members of the European team made it safely through to the third round, with Tommy Fleetwood sitting one shot behind the leaders. Reporting by Rohith Nair in Bengaluru; editing by Pritha SarkarOur Standards: The Thomson Reuters Trust Principles.
Persons: Sweden's Ludvig Aberg, Paul Childs, Ludvig Aberg, Sebastian Soderberg, Rory McIlroy, Aberg, Luke Donald's, Soderberg, Swede, McIlroy, Tommy Fleetwood, Rohith Nair, Pritha Sarkar Organizations: BMW, Wentworth, Ryder, BMW PGA, Thomson Locations: Wentworth , Virginia Water, Britain, Swedish, Rome, United States, Bengaluru
VIRGINIA WATER, England (AP) — Europe’s 12 Ryder Cup players delivered a mixed bag of scores in the first round of the BMW PGA Championship. Of the Europeans heading to Rome for the Ryder Cup in two weeks, Matt Fitzpatrick (66), Ludvig Åberg (68) and Tyrrell Hatton (68) posted the best rounds at Wentworth. “I think we are all a little bit in the Ryder Cup mindset,” said No. Fitzpatrick, who went out with Robert MacIntyre and Justin Rose (both 72), played the best of the Ryder Cup squad after starting with four birdies in his first six holes. “I’ll start focusing on the Ryder Cup once Sunday finishes.”They are all chasing the 26-year-old Helligkilde, who is coming to the end of his second season on the European tour.
Persons: , Marcus Helligkilde, Dane, Matt Fitzpatrick, Ludvig Åberg, Tyrrell Hatton, Nicolai Hojgaard, Luke Donald, Adrian Meronk, Rory McIlroy, Jon Rahm, , Viktor Hovland, Marco Simone, ” Hovland, McIlroy, Swede, Åberg, ” Åberg, “ Ludvig, , Hovland, Donald, Shane Lowry, Tommy Fleetwood, Sepp Straka, Fitzpatrick, Robert MacIntyre, Justin Rose, Richie Ramsay, ” Fitzpatrick, birdies, Helligkilde Organizations: Ryder, BMW PGA, Wentworth Locations: VIRGINIA, England, Rome,
He was tied for 20th, chasing Lucas Herbert, the leader after a 6-under 63. Herbert had 10 birdies — seven over his final nine holes — to overcome an early bogey. 59 in the world, needed a big spark after entering the FedEx Fall 152nd in points. The 63 wass two shots shy of the tournament course record of 61 shared by seven players, most recently Ricky Barnes in 2018. “Just one bad swing that led to a double and then a bad wedge shot that was quite frustrating,” Homa said.
Persons: — Justin Thomas scuffled, Thomas, Lucas Herbert, , , Herbert, Kim, Kelly Kraft, Jason Dufner, Harry Hall, Sung Kang, Zac Blair, Mark Hubbard, Max Homa, Zach Johnson, Stewart Cink, ” Herbert, Herbert parred, Ricky Barnes, Barnes, Homa, Steve Stricker, ” Homa Organizations: Ryder, Wyndham, FedEx, John Deere Locations: NAPA, Calif, Greensboro , North Carolina, wasn’t, Northern, America, Australia, Maine
WASHINGTON (AP) — The Biden administration plans to increase scrutiny of the investment plans of foreign-owned companies operating in the United States. “National security is a foremost priority, and we deploy a wide range of tools to safeguard it,” Treasury Secretary Janet Yellen said Thursday. The federal government reviews and can block business activity of non-U.S. companies through the Committee on Foreign Investment in the United States, also known as CFIUS. At a conference dedicated to the committee, Yellen emphasized that CFIUS is adapting to a changing global economy as national security issues related to China are a primary consideration. “As new threats and vulnerabilities emerge, our national security priorities shift in response,” Yellen said.
Persons: , Biden, Janet Yellen, Yellen, ” Yellen, “ We've, ByteDance, LIV, Paul Rosen, ” Rosen, Joe Biden, Donald Trump, , Patrick McHenry Organizations: WASHINGTON, Foreign Investment, State, Justice, Energy, Commerce, Twitter, PGA, U.S, Washington, Financial Locations: United States, U.S, China, Beijing, R
Senator Richard Blumenthal, D-CT, speaks during a Senate Judiciary Committee hearing on the January 6th insurrection, in the Hart Senate Office Building on Capitol Hill in Washington, DC, March 2, 2021. WASHINGTON — Bipartisan members of a Senate subcommittee on homeland security demanded transparency Wednesday from a Saudi Arabian investment fund at its second hearing on the controversial deal to merge PGA Tour and Saudi-backed LIV Golf. "Saudi Arabia's bid to buy professional golf in America is not just one investment in a vacuum," Sen. Richard Blumenthal, D-Conn., chairman of the Permanent Subcommittee on Investigations, said on Capitol Hill. Blumenthal announced that he had issued a subpoena on Wednesday to USSA International LLC, the PIF's wholly-owned U.S. subsidiary, for documents related to the PGA Tour-LIV Golf deal and other U.S. investments. A PGA Tour representative declined to comment.
Persons: Richard Blumenthal, LIV Golf, Sen, Conn, Blumenthal, LIV, Benjamin Freeman, Joey Shea, LIV didn't Organizations: WASHINGTON, Saudi, Investigations, Capitol, USSA, PGA, Quincy Institute, Responsible, United, Human Rights Watch Locations: Hart, Washington , DC, Saudi Arabian, Saudi, America, Saudi Arabia, China, Russia, United States, United Arab Emirates
The Netflix golf documentary series “Full Swing” won’t have full access at the Ryder Cup. “I would say all things involving the team we leave to the team and the captain. I think there’s a sanctity to the team room, and the experience is important to them. Netflix has had extensive access to the players it has profiled from the “Full Swing” series, at their homes and during travel to tournaments. Justin Thomas, another captain’s pick who has taken part in the Netflix series, said it was an easy decision for Johnson to eliminate any source of distraction.
Persons: Zach Johnson, , Seth Waugh, , Marco Simone, Johnson, ” Johnson, Stefan Schauffele, Xander Schauffele, LIV Golf, Justin Thomas, ” Thomas Organizations: Netflix, Ryder, U.S, PGA of America, Nielsen Media Research, PGA, USA Locations: Rome
Nick Faldo Is Home on the Range(s)
  + stars: | 2023-09-13 | by ( Michael Arkush | ) www.nytimes.com   time to read: +1 min
For the first time since 2006, England’s Nick Faldo wasn’t in the booth this past season as the lead golf analyst for CBS. He was on the range — and not just the driving range. Faldo, 66, the only four-time winner of the BMW PGA Championship, which begins Thursday at the Wentworth Club in Surrey, England, discussed recently those victories and the game that has meant so much to him. I loved being with the guys, but I had enough of being out there every week. [Golf course] design work is going very well.
Persons: Nick Faldo wasn’t, They’ve, I’ve Organizations: CBS, BMW PGA, Wentworth Club Locations: Montana, Faldo, Surrey, England
The Many Roles of Pros in Golf Architecture
  + stars: | 2023-09-13 | by ( Paul J. Sullivan | ) www.nytimes.com   time to read: +1 min
(Ogilvy played three times on Presidents Cup teams.) But he has two partners in the design firm who know the intricacies of building a course. “It’s better to have three minds in there,” said Ogilvy, who won 12 times on the PGA and European Tours. “What I liked was their input into what scared them on a shot,” said Weed, who was mentored by the designer Pete Dye. But many of the pros who have helped design enduring courses relied on a solid team under their brand name.
Persons: Ogilvy, , , Bobby Weed, Weed, Pete Dye, Jack Nicklaus, Bob Cupp, Jay Morrish, Greg Norman, Jason McCoy, Ben Crenshaw, Coore Organizations: Presidents Cup, PGA, Club Network Locations: Australia, United States
A view shows the logo of PGA Tour during the Canadian Open’s Championship Pro-Am after news was released of a new partnership between the PGA Tour and Saudi-backed LIV Golf circuit, at Oakdale Golf and Country Club in Toronto, Ontario, Canada June 7, 2023. REUTERS/Nick Lachance/File photo Acquire Licensing RightsSept 13 (Reuters) - The U.S. Senate has issued a subpoena to the Saudi Arabian Public Investment Fund's (PIF) U.S. subsidiary over its planned partnership with the PGA Tour, it said on Wednesday. The subpoena calls for the release of documents related to PIF's framework agreement with the PGA Tour and other investments throughout the United States, the U.S. Senate said in a news release. The announcement came ahead of Wednesday's hearing by the U.S. Senate Permanent Subcommittee on Investigations (PSI), which is expected to focus on PIF's investments and efforts to gain influence in the United States. "The Saudi's Public Investment Fund cannot have it both ways - if it wants to engage with the United States commercially, it must be subject to United States law and oversight," Senator Richard Blumenthal, chair of the PSI, said.
Persons: LIV, Nick Lachance, Richard Blumenthal, Blumenthal, Greg Norman, LIV Golf, Yasir al, Jamal Khashoggi, Frank Pingue, David Holmes Organizations: Tour, Canadian, PGA Tour, Oakdale, Country Club, REUTERS, U.S . Senate, Saudi Arabian Public Investment, PGA, Investigations, Public Investment, United, Senate, Saudi, LIV Golf, Washington Post, Thomson Locations: Saudi, Toronto , Ontario, Canada, United States, Washington, Saudi Arabia, Toronto
The surprise deal, which would join the venerable PGA Tour and a rival Saudi-funded golf start-up, LIV, was announced in June. The Saudi sovereign wealth fund, called the Public Investment Fund, or PIF, is controlled by the Saudi government. The Saudi Embassy did not immediately respond to a request for comment on the subpoena, which names the Public Investment Fund's New York-based U.S. subsidiary, USSA International. This summer's announcement of the PGA-Saudi golf deal ended a legal battle between the two rivals. Blumenthal said available public records indicate the Saudi sovereign wealth fund has expanded its investments in the United States from $2 billion in 2018 to $35 billion now.
Persons: Sen, Richard Blumenthal's, al, LIV, ” Blumenthal, Blumenthal, , , Crown Prince Mohammed bin Salman Organizations: WASHINGTON, Saudi, PGA, Connecticut, Senate, PGA Tour, Public Investment Fund, Public Investment, United, Saudi Embassy, USSA, Crown Locations: United States, Saudi, York, San Francisco, Saudi Arabia
Saudi Arabia sparked international outrage in 2018 after Washington Post columnist Jamal Khashoggi was murdered at the Saudi consulate in Istanbul, and continues to face accusations of human rights violations. Despite this, little has been able to stop Saudi Arabia from exerting more and more influence on the global stage. GettyImages/Unsplash/NeomLike many countries, Saudi Arabia's economy suffered when the pandemic struck in 2020, but the only way has been up since then. Chris Trotman/LIV Golf via Getty ImagesBoth at home and far away, Saudi Arabia hasn't shied away from investing boatloads of cash. The total hit 32.2 million in May with a median age of 29, according to Saudi Arabia's General Authority for Statistics.
Persons: Prince Mohammed Bin Salman, Jamal Khashoggi, It's, Ahmed Jadallah, Saudi Arabia's, Sergio Garcia, Chris Trotman, LIV, Saudi Arabia hasn't, Yasir Al, Jasmin Merdan, Abdullah Al, Prince Abdulaziz bin Salman al, Saud, JOE KLAMAR Organizations: Service, Washington Post, Bank, IMF, REUTERS, Saudi Aramco, King, King Abdullah Economic City, Getty, Public Investment Fund, MBS, Newcastle United, LIV, PGA, Saudi, Reuters, Saudi Arabia's, Authority, Statistics, Gulf States Energy, United Arab Emirates, Arab League Locations: Saudi Arabia, Wall, Silicon, Gulf, Saudi, Istanbul, Gulf Kingdom, Ahmed Jadallah Saudi Arabia, King Abdullah, Jasmin Merdan Saudi's, Riyadh, Arab, Vienna, AFP, Kuwait, UAE, Qatar
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