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The Latest Breaking News from PIF

When Did Golf Become All About Money?

Viktor Hovland won a staggering $32m+ in the 2022/23 PGA Tour season including his $18m FedEx Cup bonus

Golf Monthly · Aug 29, 2023

Saudi Arabia's Pro League is taking advantage of football's greed and inequality

For Liverpool supporters like me, Jordan Henderson was one of football’s good guys. He was the club captain who fundraised for the UK’s National Health Service during the COVID-19 pandemic and vocally supported Liverpool’s LGBTQ+ community.

The Conversation · Aug 24, 2023

Frustrated Tom Watson Still Waiting for PGA Tour Answers To PIF Deal Questions

Tom Watson is still waiting for the PGA Tour to answer his questions on the PIF deal, and warned they'll be "heading in the wrong direction" without more player involvement

Golf Monthly · Aug 24, 2023

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Tom Watson frustrated by lack of answers on PGA Tour, Saudi Arabia partnership

"The sad thing about it is the questions in that letter haven’t been answered. Not a single one," said Watson.

USA Today Sports Media Group · Aug 23, 2023

Lynch: Jay Monahan opens up on his health, but stays positively mum on his Saudi deal

Monahan's shareholders in the locker room primarily have one yardstick (money) and one concern (how they’ll get more of it).

USA Today Sports Media Group · Aug 22, 2023

8 Takeaways From Jay Monahan's Tour Championship Press Conference

The PGA Tour commissioner addressed the media to discuss a wide range of issues - here are the key points he raised

Golf Monthly · Aug 22, 2023

Jay Monahan adamant deal between PGA and LIV will be completed on time

The former rivals have until 31 December to reach an agreement and Monahan said both sides are working with ‘intensity and urgency’ to ensure the deadline is met

The Guardian - UK · Aug 22, 2023

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5 things we learned from Commissioner Jay Monahan’s State of the PGA Tour press conference

PGA Tour Commissioner Jay Monahan spoke during his annual State of the PGA Tour at East Lake Golf Club.

USA Today Sports Media Group · Aug 22, 2023

Senator Challenges PIF Governor Yasir Al-Rumayyan Over Refusal To Testify On PGA Tour/PIF Deal

Senator Blumenthal has challenged the governor of the Saudi Public Investment Fund over his refusal to testify about the PGA Tour/PIF link up

Golf Monthly · Aug 17, 2023

US senator warns top Saudi over refusal to testify on PGA golf deal

Richard Blumenthal to consider ‘other legal methods’ to compel Yasir al-Rumayyan to speak to Senate oversight committee

The Guardian - US · Aug 16, 2023

‘It’s not a fad’: the truth behind Saudi Arabia’s dizzying investment in sport

From the star-studded Pro League to golf, F1 and cricket, the kingdom’s strategy is as cynically ambitious as it is controversial

The Guardian - UK · Aug 12, 2023

Saudi spending won’t compromise owners’ aims for Newcastle, says Mapgies CEO

The Public Investment Fund has ploughed money into both Newcastle and the Saudi Pro League.

The Independent UK · Aug 11, 2023

Saudi Pro League has the big stars – now it has to hope the fervour follows

Lavish spending has generated hype and controversy, but how will this project play out once the season starts?

The Guardian - UK · Aug 10, 2023

Jay Monahan Admits Regrets Over Hasty PGA Tour/PIF Agreement Announcement

The PGA Tour Commissioner has spoken to the media for the first time since the controversial announcement on June 6th

Golf Monthly · Aug 10, 2023

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The Guardian - UK · Aug 9, 2023

How the Saudi Arabian takeover changed Newcastle United

Staff morale has improved and the women’s team have been made fully professional – but there is still a deafening silence on human rights issues

Golf Monthly · Aug 9, 2023

Jay Monahan Holds PGA Tour Player Meeting Amid Shock Resignation Of Senior Official

Monahan has held his first meeting with players since a leave of absence in June due to poor health following the PGA Tour's shock link up with the Saudi Arabia Public Investment Fund

Fortune · Aug 1, 2023

Saudi Arabia has the most profitable company in the history of the world, and $3.2 trillion to invest by 2030. Who will say no to that tidal wave of cash?

With its vast supply of oil money, the kingdom's flashy play for golf dominance is just the tip of the iceberg.

Fortune · Jul 30, 2023

Saudi Arabia's stunning sports summer offers 'quicker movement on the sort of ideological maneuvering that sportswashing is so much about'

Taking over American golf wasn't enough: Enter a bid to pay the greatest young soccer player more than $700 million just for one season.

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The Guardian - UK · Jul 29, 2023

Premier League and Fifa helpless against Saudi juggernaut’s relentless progress

Saudi Pro League’s moves for ageing stars echo other leagues – but there is no reason why stars at their peak should not follow

USA Today Sports Media Group · Jul 28, 2023

Lynch: Jay Monahan’s memo aims to buy 2 things he’s short on. Time and goodwill

For all of the concessions Monahan has made, a rancorous and divisive period lies ahead.

Golf Monthly · Jul 28, 2023

Jay Monahan 'Had The Right Answers' In Encouraging Player Meeting

Kevin Streelman was in the PAC meeting with Jay Monahan and says the PGA Tour commissioner was honest and had the right answers to their questions

Golf Monthly · Jul 27, 2023

Jay Monahan Back With A Bang - Memo Details PGA Tour Player Compensation Program

Jay Monahan says financially rewarding loyal PGA Tour players and disciplining returning LIV golfers are top priorities in the ongoing PIF deal talks

USA Today Sports Media Group · Jul 27, 2023

Jay Monahan’s late-night memo to players filled with series of PGA Tour updates

Monahan had plenty to share.

Golf Monthly · Jul 26, 2023

‘A Crying Shame’ - Westwood On Lack Of DP World Tour Events Ahead Of Ryder Cup

Lee Westwood says the three-week gap before the next DP World Tour event is too big right in the middle of a battle for Ryder Cup spots

The Guardian - UK · Jul 26, 2023

Revealed: Saudi Arabia’s $6bn spend on ‘sportswashing’

Exclusive: Billions deployed since early 2021 in a move critics say is an attempt to distract from human rights record

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