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The Latest Breaking News from PIF

Would You Benefit From a Split Interest Income Trust?

If you have a high income, are selling appreciated assets or won the lottery, a split interest income trust could be a boon to you and a designated charity.

Kiplinger

Rory McIlroy Resigns From PGA Tour Board

The World No.2 has stepped down from the PGA Tour's board amid the negotiations with the Saudi Arabian Public Investment Fund

Golf Monthly

Report: NBA Commissioner Adam Silver ‘not interested’ in running PGA Tour-Saudi PIF’s new commercial entity

Looks like NBA Commissioner Adam Silver won’t be trading basketballs for golf balls.

USA Today Sports Media Group

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PGA Tour Reveals 'Dozens' Of Potential Investors But Focus Remains On PIF Deal

In a memo sent to players, Tour commissioner Jay Monahan reaffirmed the PGA Tour's desire to agree a deal with Saudi Arabia's Public Investment Fund

Golf Monthly

PGA Tour’s Jay Monahan updated players in a memo on Monday’s final board meeting of 2023. Here’s what it said

The commish gave an update on negotiations with PIF and the DP World Tour.

USA Today Sports Media Group

Australia to offer residency to Tuvalu citizens displaced by climate change

Anthony Albanese announces immigration plan with special visa category for people affected by rising sea levels in the vulnerable Pacific island nation

The Guardian - AU

Nauru walkout stuns Pacific summit before landmark deal

Nauru President David Adeang says he isn't pulling his country from the Pacific Islands Forum, while Australia will offer resettlement to Tuvalu residents.

AAP

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Pacific Islands Forum dances around Nauru tensions

Pacific Islands Forum leaders are set to revisit their unity pact, the Suva Agreement, at their leaders' retreat in the Cook Islands.

AAP

Pacific dancing to Australia's tune on climate, says PM

Anthony Albanese has stepped quickly into stride on the Cook Islands as he prepares for crunch talks with Pacific Islands Forum leaders.

AAP

Tiger Woods Makes Latest Jibe At LIV Golf After Launching Jupiter Links TGL Club

The 15-time Major winner said he "couldn't figure what the hell was going on" at times when watching the PIF-backed Tour

Golf Monthly

Caramel Brownie reports for Kiwi duty at PIF

New Zealand is being represented at the Pacific Islands Forum summit this week by two politicians of opposite stripes: Carmel Sepuloni and Gerry Brownlee.

AAP

Albanese turns focus to Pacific leaders' climate talks

Hundreds of leaders, officials and activists are meeting at the Pacific Islands Forum in the Cook Islands, with climate change a focus of the summit.

AAP

Fenway Sports Chief Confirms PGA Tour Talks Amid 'Monster Offer' Report

Fenway Sports Group's Chairman confirmed his organization had been in touch with the PGA Tour amid a report of a large offer going in

Golf Monthly

PM faces climate talks heat from Pacific neighbours

Anthony Albanese heads to the Pacific Islands Forum as concerns mount on the blue continent about climate change and its nuclear-free status.

AAP

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news in one place.

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Golf Monthly

Rory McIlroy ‘Sincerely’ Hopes For PGA Tour/PIF Deal To ‘Bring The Game Of Golf Back Together’

The four-time Major winner told CNBC’s Halftime Report he hopes for a deal between the PGA Tour and PIF

The Guardian - AU

Pacific Islands Forum: what is it and why does it matter?

Climate change and rising strategic competition among issues facing leaders at region’s most important political gathering

The Guardian - AU

Pacific Islands Forum: four leaders fail to attend as China-US rivalry takes centre stage

The US has been racing to reopen embassies and deepen links with Pacific countries in wake of Solomon Islands security pact with China

USA Today Sports Media Group

Exclusive: PGA Tour narrows list of potential investors to five, including powerful ‘friends of golf’

From more than a dozen initial suitors, this list of five groups remain in the mix to be the primary investment partner.

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news in one place.

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The Guardian - UK

Clownish populist Infantino is complicit in Saudi Arabia’s colonisation of football

Gulf state’s land grab for 2034 World Cup is yet another example of cartoonish Fifa overlord putting self-interest before football

AAP

NZ PM Luxon unlikely for Pacific Islands Forum

Incoming New Zealand Prime Minister Chris Luxon says he won't be able to form a government in time to attend next week's Pacific Islands Forum.

Golf Monthly

Davis Love III Says ‘Nothing Is Going To Happen Really Fast’ In PGA Tour/PIF Deal

Per Golfweek, the 21-time PGA Tour winner isn't expecting a deal to be agreed before the end of the year

USA Today Sports Media Group

‘I don’t see any way’: Davis Love III says PGA Tour deal with Saudi Arabia’s PIF unlikely to hit deadline

"The only thing I do know is nothing is going to happen really fast,” Love said of the agreement announced in June.

The Guardian - UK

Elite cycling the target of Saudi-backed Champions League-style calendar

Professional cycling could be on the verge of a LIV Golf moment after Saudi Arabia’s PIF was linked to a wholesale restructure of the European calendar

USA Today Sports Media Group

Fans, Donald Trump, the players and more winners and losers from LIV Golf’s second year

In 2023 the players and fans were both winners and losers.

Fortune

Saudi crown prince Mohammed bin Salman’s 2030 growth plan bears fruit as Hyundai inks deal to join Lucid as next carmaker in the Gulf

As the IEA predicts global demand for transport fuels will peak in 2026, the Saudi monarchy is in a race to diversify its economy by the end of the decade.

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