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The Latest Breaking News from PIF

In 2023, the Saudis dove further into sports. They are expected to keep it up in 2024

At the dawn of 2023, the specter of Saudi Arabia’s growing influence on pro golf — and sports in general — served not only as a moral conundrum for players and their fans, but also, some argued, as an existential threat to the multibillion-dollar professional-sports industry itself

The Independent UK

Is all the LIV Golf-PGA Tour bickering making casual golf fans turn their TVs off?

The constant fighting and insulting on both sides might just kill the goose that laid the golden egg.

USA Today Sports Media Group

PGA Tour, Jay Monahan at crossroads with Rahm headed to LIV, legal issues pending

The ominous clouds forming over the PGA Tour in the past year may be about to come to a head.

USA Today Sports Media Group

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'I'm Still Sitting Here' - Greg Norman Hits Back At Critics As He Hopes For PGA Tour-PIF Deal For The 'Betterment Of The Players'

Greg Norman hopes a PGA Tour-PIF deal can be done for the sake of the players, but it won't affect his position at LIV Golf which he says is rock solid

Golf Monthly

'It’s Not Working The Way Things Are At The Moment.' - Former Ryder Cup Captain Calls For Radical Re-Thinking Of Professional Men’s Game

Spurred on by Jon Rahm's big-money LIV departure, Thomas Bjorn believes the professional game needs to be re-imagined to ensure its long-term prosperity

Golf Monthly

Filing Reveals Jay Monahan's 2022 Earnings And PGA Tour's Huge Legal Fees

Sportico reports that the PGA Tour's 2022 IRS filings show a huge increase in Monahan's compensation and the organisation's legal fees

Golf Monthly

Former Masters Champion Among 21 Players To ‘Demand’ Full Disclosure Of PGA Tour Negotiations

Danny Willett is among a long list of names who have been to seek legal help after concerns about the future of the PGA Tour

Golf Monthly

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Saudi Arabia dives deeper into Western assets as it looks set to become the majority owner of the U.K.’s busiest airport in a $12bn deal

The Sunday Times of London reports that the PIF could take a 60% share in Heathrow Airport alongside private equity group Ardian.

Fortune

PGA Tour Confirms Talks With Strategic Sports Group As PIF Merger Deadline Nears

A memo released by the PGA Tour claimed that the circuit has 'agreed to further negotiate with Strategic Sports Group', as the deadline with the PIF at the end of December draws closer

Golf Monthly

PGA Tour policy board ‘advances discussions’ with investors, still talking to Saudi Arabia’s PIF

A PGA Tour Policy Board memo anticipates a "positive outcome for all players and the PGA Tour as a whole."

USA Today Sports Media Group

Butch Harmon Explains Why Jon Rahm's Defection To LIV Golf Could Bring The Sport Back Together

Jon Rahm was one of the PGA Tour's greatest assets before the Spaniard completed a reported $550 million dollar switch to the PIF-backed League

Golf Monthly

PGA Tour Pro Pens Lengthy Social Media Thread Sharing Thoughts On Why He Thinks Elite Game Is 'In A Sad Place'

Mackenzie Hughes has offered his thoughts on the current state of the men’s professional game

Golf Monthly

'It's Clear That He Sold His Career Out' - Brandel Chamblee Criticizes Jon Rahm's 'Convenient' LIV Golf Move

The World No.3's game-changing move to the LIV Golf League did not sit well with the Golf Channel analyst...

Golf Monthly

'I Hope The LIV Deal Goes Through Now' - Chamblee Explains Why He Wants PGA Tour/PIF Merger

The Golf Channel lead analyst has explained why he hopes a deal is agreed following Jon Rahm's LIV Golf move

Golf Monthly

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The Guardian - UK

Saudi Arabia could take ‘effective majority control’ of London Heathrow

Investors may sell shares to oil-rich state’s Public Investment Fund, which already owns a stake, report says

Golf Monthly

Tony Finau Reportedly In Negotiations To Join LIV Golf

The American could be the next high-profile name to leave the PGA Tour after Rahm's big-money switch on Thursday

Golf Monthly

'He’s Done More For The PGA Tour In The Last Six Months On The Board Than Anyone Since Tiger' - Spieth Defends Cantlay Amid Policy Board Rumors

Recent reports have suggested that Cantlay has taken control of negotiations alongside fellow policy board members Spieth and Woods

USA Today Sports Media Group

Lynch: Jon Rahm’s greed isn’t the PGA Tour’s biggest problem. It’s the guys who want Saudi-sized money for staying

The departure of Rahm is more a loss for the PGA Tour than a gain for LIV.

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Sports Illustrated

SI:AM | Jon Rahm’s Defection Throws a Wrench in Saudi–PGA Tour Agreement

Where do things go from here?

The Independent UK

Jon Rahm is leaving for LIV Golf. Here's what it means for LIV and the PGA Tour

Jon Rahm is the biggest name yet to bolt to Saudi-funded LIV Golf

Golf Monthly

Rory McIlroy Hoping PGA Tour And LIV Golf Can ‘Let Bygones Be Bygones’ To End Divide In Golf

McIlroy hopes that the PGA Tour and LIV can come together to end the divide in golf after Jon Rahm's move to the rival circuit

Evening Standard

Jon Rahm risks Ryder Cup future as LIV Golf celebrate biggest coup yet

Saudi Arabia’s Public Investment Fund secure a huge bargaining chip ahead of crunch talks over PGA Tour merger

Golf Monthly

What Jon Rahm's LIV Golf Move Means For The Game

The Masters champion's move has big implications for both LIV Golf and the PGA Tour as well as the wider landscape

The Independent UK

Jon Rahm’s LIV defection is the ultimate Saudi power play in pivotal PGA Tour talks

The world No 3 has ditched the PGA Tour for LIV Golf – seismic news ahead of crucial negotiations for the future of the game

The Guardian - UK

‘A great opportunity’: Masters champion Jon Rahm confirms switch to LIV Golf

Jon Rahm is joining LIV Golf in a massive coup for the Saudi-funded breakaway tour, and is reportedly set to earn more than $300m

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