PGA Tour, LIV, Saudis invited to Senate hearing

The U.S. Senate Everlasting Subcommittee on Investigations has invited PGA Tour commissioner Jay Monahan, LIV Golf League CEO and commissioner Greg Norman and Yasir Al-Rumayyan, governor of Saudi Arabia’s Public Funding Fund, to testify at a July 11 listening to concerning the entities’ deliberate alliance in males’s skilled golf.

Sen. Richard Blumenthal, D-Connecticut, chairman of the subcommittee, and rating member Ron Johnson, R-Wisconsin, invited the boys to testify on the listening to in a letter on Wednesday.

“Our objective is to uncover the info about what went into the PGA Tour’s take care of the Saudi Public Funding Fund and what the Saudi takeover means for the way forward for this cherished American establishment and our nationwide curiosity,” Blumenthal stated in an announcement. “Individuals need to know what the construction and governance of this new entity will probably be. Main actors within the deal are greatest positioned to offer this data, they usually owe Congress — and the American folks — solutions in a public setting.”

The June 6 announcement of the gorgeous deal has additionally led to investigations by the U.S. Division of Justice’s Antitrust Division and the Senate Finance Committee.

The PGA Tour, LIV Golf League and PIF have a framework settlement in place. The deal would nonetheless should be authorized by the PGA Tour’s coverage board.

Monahan, Norman and Al-Rumayyan have been requested to offer a written assertion for Senate file and a five-minute opening assertion on the listening to.

“Followers, the gamers, and anxious residents have many questions on the deliberate settlement between the PGA Tour and LIV Golf,” Johnson stated in an announcement. “I stay up for listening to testimony from the people who’re in one of the best positions to offer perception to the general public concerning the present state {of professional} golf. I hope that this listening to and every other function that Congress performs on this matter will probably be constructive.”

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Revealed : 2023-06-22 04:13:02

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