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The Latest Breaking News from PIF

Leading figures summoned to Senate hearing over shock PGA Tour-LIV Golf merger

Key personnel have been asked to appear at a Permanent Subcommittee on Investigations meeting on July 11.

The National (Scotland) · Jun 22, 2023

'I Don't Think It Is A Merger' - PGA Of America Boss On PGA Tour-PIF Deal

PGA of America CEO Seth Waugh does not think the "handshake" between the PGA Tour and Saudi PIF is a merger deal

Golf Monthly · Jun 22, 2023

Monahan, Al-Rumayyan And Norman Invited To Testify At Senate Hearing

The PGA Tour, PIF and LIV Golf officials have been invited to testify at the hearing scheduled for 11 July

Golf Monthly · Jun 21, 2023

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Gary Neville demands Premier League ban on Saudi Arabia transfers as Chelsea eye £139m windfall

N'Golo Kante has joined Cristiano Ronaldo and Karim Benzema in Saudi Arabia this summer following the expiration his contract at Chelsea

Football London · Jun 21, 2023

US Senate asks governor of Saudi wealth fund to testify over LIV-PGA merger

Invitation raises possibility Yasir al-Rumayyan could be questioned under oath about execution of Jamal Khashoggi

The Guardian - US · Jun 21, 2023

Leading figures summoned to Senate hearing over shock PGA Tour-LIV Golf merger

Key personnel have been asked to appear at a Permanent Subcommittee on Investigations meeting on July 11.

The Independent UK · Jun 21, 2023

PGA Tour, LIV Golf and Public Investment Fund leaders invited to U.S. Senate hearing in July

"Americans deserve to know what the structure and governance of this new entity will be."

USA Today Sports Media Group · Jun 21, 2023

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Love III Calls For Patience But Wants 'Player Input' On How PIF Deal Works Out

Davis Love III has backed Jay Monahan but says the PGA Tour players must have a say in how the PIF deal works out going forward

Golf Monthly · Jun 21, 2023

Gary Neville sends message to the Premier League as Newcastle owners ease Chelsea's FFP fears

Saudi Arabia's Public Investment Fund (PIF) have made huge moves to tempt Premier League stars to the Kingdom and Gary Neville has reacted to Newcastle United part-owners' new venture

Chronicle Live · Jun 21, 2023

PGA Tour to send message to players over Saudi involvement after LIV Golf merger

The PGA Tour were labelled hypocrites by many - including Tom Watson - for joining forces with the Public Investment Fund (PIF) of Saudi Arabia, but the Tour have played down PIF's involvement

Daily Mirror · Jun 20, 2023

Man United icon Gary Neville makes Premier League plea amid Saudi investment

Neville has re-energised his calls for an independent football regulator amid heavy investment in players.

Manchester Evening News · Jun 20, 2023

Newcastle United owners PIF could change world football entirely with grand transfer plans

Newcastle United's majority owners, Saudi Arabia's Public Investment Fund, could soon control one of the most powerful leagues in world football

Chronicle Live · Jun 20, 2023

Chelsea and the Saudi transfer firesale that asks fresh questions of PIF and Clearlake Capital

Edouard Mendy, Kalidou Koulibaly and Hakim Ziyech are expected to join clubs run by PIF, who also have a stake in the Stamford Bridge club's majority shareholders Clearlake Capital

Daily Mirror · Jun 20, 2023

How long until a congressional hearing on PGA Tour, PIF deal? One senator says it ‘is possible within weeks’

Sen. Richard Blumenthal said on CBS’s “Face The Nation” that a subcommittee he leads is digging deeper into the potential deal.

USA Today Sports Media Group · Jun 19, 2023

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Daily Mirror · Jun 19, 2023

Tom Watson slams Jay Monahan's 'hypocrisy' following PGA Tour's Saudi agreement

The PGA Tour's decision to sign an agreement with the Public Investment Fund of Saudi Arabia has been criticised by one of golf's greatest players in Tom Watson

Golf Monthly · Jun 19, 2023

Tom Watson Seeks Answers On Golf's Merger In Letter To Monahan And PGA Tour Board

The eight-time Major winner has penned an open letter to PGA Tour commissioner Jay Monahan raising his concerns on the move

Liverpool Echo · Jun 19, 2023

Chelsea have just found a solution to their transfer problem that spells trouble for Liverpool

Chelsea have been needing to lighten the load this summer due to their heavy spend across two windows

The Independent UK · Jun 19, 2023

Tom Watson calls for answers from PGA Tour commissioner over new partnership

Prior to the announcement, PGA Tour commissioner Jay Monahan had been an outspoken critic of LIV Golf and Saudi Arabia.

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USA Today Sports Media Group · Jun 19, 2023

Tom Watson sends letter to PGA Tour commissioner Jay Monahan asking for answers: ‘What are our choices?’

Watson said the rollout of the deal with PIF was poorly handled and wondered aloud whether the players have options.

The Independent UK · Jun 19, 2023

Tom Watson is the latest to want answers on the PGA Tour's deal with Saudi backers of LIV

Eight-time major champion Tom Watson is the latest to want answers on the PGA Tour’s new business partnership with Saudi backers of LIV Golf

Chronicle Live · Jun 19, 2023

UEFA president raises concerns over PIF's ambitious transfer plans

Europe's top footballers are flocking to Saudi Arabia after Newcastle United's owners purchased four of the country's biggest sides

Chronicle Live · Jun 19, 2023

Chelsea find FFP lifeline with the help of Newcastle's owners as $900m investment hints at link

Saudi Arabia's Public Investment Fund have taken control of four clubs in the Kingdom and Chelsea have a number of players that Newcastle United's part-owners want to bring to the Saudi Pro League

The Conversation · Jun 19, 2023

Big money bought the PGA Tour, but can it make golf a popular sport in Saudi Arabia?

The recent merger between the PGA Tour, DP World Tour and Saudi-funded LIV Golf – now being reviewed by the U.S. Department of Justice over antitrust concerns – stunned the golf community.

Daily Mirror · Jun 17, 2023

Todd Boehly and Saudi Arabia's tactic involving Chelsea stars including N'Golo Kante

Chelsea owner Todd Boehly could have some help from Saudi Arabia as he looks to offload some fringe players and allow new manager Mauricio Pochettino to build a squad

Golf Monthly · Jun 17, 2023

PGA Tour And LIV Golf Officially Drop Lawsuits After PIF Merger

The case was heard by the US District Court in the Northern District of California

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