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Golf Monthly
Golf Monthly
Sport
Andrew Wright

US Senate Opens Investigation Into PGA Tour's Shock Merger With The PIF

A picture of PGA Tour commissioner Jay Monahan and governor of the Public Investment Fund of Saudi Arabia Yasir Al-Rumayyan

US Senator Richard Blumenthal has sent letters to Jay Monahan and Greg Norman requesting information regarding the shock merger that was announced between golf's traditional tours and the Public Investment Fund (PIF) of Saudi Arabia.

The PGA Tour had previously taken a hard stance against Saudi investment into golf prior to and after the launch of LIV Golf last June, before a surprise peace agreement was reached to merge the commercial assets of the PGA and DP World Tours with those of the PIF into a new, for-profit entity.

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