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The Latest Breaking News from PIF

Saudi Arabia's sovereign wealth fund reports $11 billion loss

The LIV Golf backer had a lousy 2022.

Axios

Cristiano Ronaldo's side Al-Nassr banned by FIFA from registering new players

Cristiano Ronaldo won't have anymore European superstars joining him in Riyadh for the time being

FourFourTwo

Rory McIlroy and Tiger Woods offered LIV Golf teams amid peace talks between rival tours

Woods and McIlroy were the two biggest opponents of the Saudi-funded LIV Golf League

Belfast Live

From analysis to the latest developments in health,
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8 Takeaways From The PGA Tour/PIF Senate Hearing

From the hope of McIlroy and Woods owning LIV teams to PIF Governor Yassir Al-Rumayyan wanting to become a member of Augusta, there was plenty of light shone on the framework deal

Golf Monthly

PGA Tour Planning For Greg Norman To Be Terminated As LIV Golf CEO Under PIF Deal

The PGA Tour plans for Greg Norman to have no part to play in LIV Golf if the PIF deal goes through, documents show

Golf Monthly

PIF Proposed Yasir Al-Rumayyan To Gain Augusta National Membership

Documents show PIF wanted Governor Yasir Al-Rumayyan to be considered for Augusta and R&A membership

Golf Monthly

PGA Tour "feared they would be destroyed" by LIV Golf after defending Saudi deal

Two PGA Tour officials appeared in front of the U.S. Senate at a hearing on Tuesday to discuss their proposed deal with the Public Investment Fund of Saudi Arabia

Daily Mirror

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PGA Tour feared it would be ruined by LIV Golf without unifying deal

Documents retrieved by a US Senate committee show there were plans for Tiger Woods and Rory McIlroy to play under the LIV umbrella

The Guardian - UK

PGA Tour negotiations discussed Tiger Woods and Rory McIlroy owning LIV Golf teams

McIlroy and Woods are two of the biggest opponents of the breakaway golf league but negotiations means they could have owned their own teams.

Irish Mirror

PGA Tour and LIV Golf merger hearing: 6 fresh details as emails reveal proposals

Further details on the PGA Tour's agreement with the Public Investment Fund of Saudi Arabia (PIF) have emerged, after Tour officials spoke in front of the U.S. Senate

Daily Mirror

Documents show ‘side agreement’ to oust Greg Norman as LIV Golf Commissioner if PGA Tour-PIF deal is executed

The document was revealed on Tuesday as part of a memorandum to members of the Permanent Subcommittee on Investigations.

USA Today Sports Media Group

Released PGA Tour and LIV Golf emails mention World Golf Series and Greg Norman future

Details surrounding the PGA Tour's deal with the Public Investment Fund of Saudi Arabia has emerged, which includes the uncertain future of LIV Golf CEO Greg Norman

Daily Mirror

Thursday tee times, how to watch the 2023 Genesis Scottish Open

Here's everything you need to know for the first round of the 2023 Genesis Scottish Open.

USA Today Sports Media Group

Tiger Woods and Rory McIlroy offered LIV Golf teams in released emails discussing merger

Tiger Woods and Rory McIlroy have been two of LIV Golf's biggest critics, but it has emerged that there was set to be a potential path onto the breakaway league following the proposed PGA Tour merger

Daily Mirror

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news in one place.

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USA Today Sports Media Group

What you need to know from the Senate subcommittee hearing involving PGA Tour-PIF agreement

Here are some of the best nuggets we found out during the Senate subcommittee hearing.

The Independent UK

Ousting Norman, giving Woods and McIlroy LIV teams were discussed with PGA Tour, documents show

The negotiators of a business deal between the PGA Tour and the Saudi funders of LIV Golf discussed ousting LIV chief executive Greg Norman and giving Tiger Woods and Rory McIlroy their own LIV teams

USA Today Sports Media Group

PGA Tour executive admits ‘regret’ after mishandled announcement of Saudi Arabia deal

PGA Tour Chief Operating Officer Ron Price will face a U.S. Senate hearing on the framework agreement on Tuesday.

Daily Mirror

PGA Tour chief resigns over "serious concerns" with LIV Golf merger

The PGA Tour signed a shock agreement with the Public Investment Fund of Saudi Arabia last month, and the controversy surrounding the deal has seen one board member resign

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news in one place.

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Golf Monthly

PGA Tour Policy Board Member Resigns Citing 'Serious Concerns' With PIF Deal

Randall Stephenson was part of the ten-man board which is set to vote on the framework deal between the Tour and Saudi Arabia

The Independent UK

Stephenson resigns from PGA Tour board over 'serious concerns' about Saudi deal, according to report

The Washington Post is reporting former AT&T Chairman Randall Stephenson has resigned from the PGA Tour policy board

Daily Mirror

Jay Monahan returns to PGA Tour post amid resignation calls following LIV Golf merger

Jay Monahan was forced to temporarily step down from his PGA Tour commissioner role due to medical reasons, one week after the news that the Tour had reached an agreement with LIV Golf bosses

The Guardian - UK

Golf can begin to heal wounds by bringing Henrik Stenson back as Ryder Cup captain

Swede’s reappointment for 2025 would offer proof of compromise as LIV joins forces with the DP World and PGA Tours

The Independent UK

Saudi money could be headed to tennis next. Is it about sportswashing, women's rights or both?

Tennis appears set to follow the path of golf and other sports by doing business with Saudi Arabia and its $650 billion sovereign wealth fund

USA Today Sports Media Group

This U.S. Senator is worried about the ‘purity’ of golf ahead of next week’s PGA Tour, PIF, LIV Golf hearings

Johnson indicated he would like to see the competitive nature of the PGA Tour remain unchanged by Saudi Arabian involvement.

Chronicle Live

Gary Neville sends 'stay within lanes' message to likes of Newcastle owners after 'horse bolted'

Newcastle United owners the PIF were the latest sovereign wealth fund to invest into the Premier League and Gary Neville wants to ensure custodians of football clubs 'stay within the boundaries'

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