The Latest Breaking News from PIF

Yasir Al-Rumayyan, R&A’s Martin Slumbers secretly met during 2023 British Open

R&A officials confirmed the meeting but would not provide comment on a private discussion.

USA Today Sports Media Group · Jul 25, 2023

‘An absolute shambles’: Ernie Els hits out at PGA Tour’s deal with LIV Golf

Ernie Els has described the Saudi-backed LIV as ‘circus golf’ and said the PGA Tour commissioner, Jay Monahan, is lucky to still have the job

The Guardian - UK · Jul 20, 2023

Explosion in golf's prize money not sustainable, warns British Open chief

British Open organisers the R&A warned on Wednesday that golf cannot jeopardise its financial future by ever increasing prize money for players after the influx of cash to the sport from the Saudi Public Investment Fund (PIF). Backed by the PIF, the breakaway LIV Golf series lured star names such…

The Hindu · Jul 19, 2023

Lynch: As PGA Tour commish Jay Monahan returns, it’s a coin-flip whether he and his Saudi deal can survive

If and when Monahan falls on his sword, a successor faces an unenviable challenge.

USA Today Sports Media Group · Jul 14, 2023

'No Poaching' Players Clause Removed From PGA Tour-PIF Deal

A clause in the PGA Tour-PIF deal that prohibited poaching players from either the tour or LIV Golf has been removed after concerns it could break federal employment law

Golf Monthly · Jul 14, 2023

PGA Tour and Saudi wealth fund drop poaching clause from agreement at Justice Department's request

The PGA Tour deal with Saudi Arabia's wealth fund is dropping a clause in their agreement over poaching

The Independent UK · Jul 13, 2023

'If LIV Golf Was The Last Place To Play Golf On Earth I Would Retire' - McIlroy Firm On LIV Stance

Rory McIlroy gave an emphatic response to proposals for him and Tiger Woods to captain LIV Golf teams, saying he'd rather retire

Golf Monthly · Jul 13, 2023

New PIF FII Partnership To Provide Financial Boost For Women's Game

The Aramco Team Series presented by Public Investment Fund (PIF) is set to partner with the Future Investment Initiative (FII) Institute

Golf Monthly · Jul 13, 2023

PGA Tour star calls for Jay Monahan exit after Jordan Spieth comments

Pressure is continuing to grow on PGA Tour commissioner Jay Monahan on the back of his shock deal with the Public Investment Fund of Saudi Arabia last month

Daily Mirror · Jul 12, 2023

Jordan Spieth and Xander Schauffele in agreement over PGA Tour and LIV Golf problem

Xander Schauffele and Jordan Spieth have become the latest PGA Tour stars to discuss the circuit's shock deal with the Public Investment Fund of Saudi Arabia

Daily Mirror · Jul 12, 2023