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The Latest Breaking News from Yasir AlRumayyan

Judge rules PGA Tour can depose Saudi backers of LIV Golf

A federal judge has ruled the PGA Tour can require documents and depositions from the Saudi Arabia wealth fund and its leader

The Independent UK

LIV Golf’s anti-trust lawsuit against PGA Tour handed severe blow in federal court

The ruling could radically change the fledgling circuit's anti-trust lawsuit against the PGA Tour.

USA Today Sports Media Group

LIV Golf lawyers admit tour generated ‘virtually zero’ revenue in first season

The LIV Golf tour, the breakaway circuit bankrolled by Saudi Arabia’s sovereign wealth fund, generated ‘virtually zero’ revenue during its first season

The Guardian - US

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LIV Golf lawyers argue PGA Tour is ‘exploiting litigation’ after request to delay antitrust trial, discovery schedule

LIV Golf lawyers said “the Tour is exploiting litigation delay to choke off air to LIV and players” in a joint motion.

USA Today Sports Media Group

Elon Musk cleared by jury of deceiving Tesla investors over 2018 tweets

Elon Musk has been found not guilty by a jury of deceiving Tesla investors with tweets in 2018 that cost them billions, according to estimates, as he claimed he had funding to take the company private

Daily Mirror

Jury clears Elon Musk of wrongdoing over 2018 Tesla tweets

Musk was accused of deceiving investors when he tweeted he had secured enough funding to take Tesla private.

Al Jazeera

A jury clears Elon Musk of wrongdoing related to 2018 Tesla tweets

The verdict by the nine jurors was reached after less than two hours of deliberation following a three-week trial and represents a major vindication for Musk.

WEKU

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Ex-aide says Elon Musk had 'handshake deal' for Tesla buyout

Elon Musk’s former chief of staff has testified that the billionaire believed he had a “handshake deal” to take Tesla private in 2018

The Independent UK

Elon Musk's mysterious ways on display in Tesla tweet trial

Elon Musk’s enigmatic personality and unconventional tactics are emerging as key exhibits in a trial revolving around one of his most polarizing pursuits — tweeting

The Independent UK

Elon Musk justifies his 'funding secured' tweet with a bizarre real estate analogy

How do you know when a "handshake" deal is a done deal?

Los Angeles Times

Musk says Tesla go-private plan counted on SpaceX, Saudi money

Elon Musk told a jury that his 2018 tweet announcing a proposal to take Tesla Inc. private included the possibility of using his holdings in SpaceX to help finance the transaction, along with a multibillion-dollar commitment by Saudi Arabia’s sovereign wealth fund.

Tribune News Service

Musk says saudis unequivocally wanted to take Tesla private

Tribune News Service

Lynch: The Saudis are dodging a U.S. court, and the impact on LIV Golf could be huge

Another risk to LIV is playing out in a Northern District of California courtroom

USA Today Sports Media Group

Newcastle United owners PIF set to make £5billion investment with WWE announcement 'imminent'

Saudi Arabia's Public Investment Fund, who own Newcastle United, appear close to buying Vince McMahon's WWE brand

Chronicle Live

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Sports Illustrated

The Summer of LIV Was the Summer of Excess

The Saudi-backed upstart league shamelessly spared no expense to buy a piece of the golf world, and it isn’t done spending.

Chronicle Live

How Newcastle United owners PIF are reaching for skies with fan engagement in Riyadh a huge hit

Newcastle United owners PIF are ensuring that no stone is left unturned

Chronicle Live

"Building a skyscraper" - Newcastle squad told to dream big by PIF supremo amid £97m reminder

Newcastle United have left Riyadh told in no uncertain terms to reach for the skies by owners

Chronicle Live

Newcastle evening headlines with Al-Rumayyan's welcome and Howe's transfer update

All of the latest Newcastle United headlines including the latest on Eddie Howe, Yasir Al-Rumayyan, Emil Krafth, Paul Brayson, Fabian Schar, Santiago Munoz and more

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Chronicle Live

Newcastle chief Peter Silverstone speaks out after securing latest Saudi-based partnership

Newcastle United have struck another deal with a Saudi-based company after STC became a commercial partner

Chronicle Live

Newcastle United owners will pay close attention to Man United takeover saga as Glazers 'eye sale'

Manchester United could be the next Premier League team to be sold with the Glazers reportedly ready to sell

Chronicle Live

Newcastle United's owners - shareholder breakdown of Saudi-led ownership

Newcastle United's ownership after the £305m takeover was completed is split into three groups, PIF, Amanda Staveley and the Reubens are stakeholders

Chronicle Live

Liverpool takeover stance provides reminder over £300m Newcastle United bargain

Liverpool's owners are open to selling the Merseyside outfit for significantly more than Newcastle United sold for in 2021

Asharq Al-Awsat

Al Rumayyan: Saudi Arabia Seeks 100 Years of Economic Sustainability

Governor of the Saudi Public Investment Fund Yasir al-Rumayyan said the Kingdom seeks to develop a sustainable economy that can thrive 100 years from now. He underscored Saudi Arabia’s commitment to global climate action and efforts to develop renewable energies. Rumayyan made the remarks during the opening session of the…

Chronicle Live

'Newcastle through and through' - Eddie Howe's message as Magpies find the perfect man for new era

Newcastle United have had many managers who have tried to fully understand the unique football club - and Eddie Howe has succeeded

Asharq Al-Awsat

Saudi Arabia to Create Largest Venture Capital Fund Globally

Saudi Aramco announced on Wednesday the creation of a $1.5 billion sustainability fund to invest in technology to support a stable and comprehensive energy transition. This is considered one of the largest sustainability-focused venture capital funds globally. Aramco’s decision to start the fund aligns with Saudi efforts to reduce greenhouse…

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