LIV Golf and PGA Tour merger is under investigation by Democratic Senator Richard Blumenthal because shock deal ‘raises concerns’ over role of Saudi PIF
US Senator Richard Blumenthal has opened an investigation into the shock merger between the PGA Tour and LIV Golf brokered by the Saudi Public Investment Fund.
In letters sent to LIV Golf Commissioner Greg Norman and PGA Tour Commissioner Jay Monahan, Blumenthal (D-CT) announced a review of the planned agreement between the PIF and the PGA and demanded documentation regarding said merger.
Blumenthal, chairman of the Senate Standing Subcommittee on Investigations, said the deal “raises concerns about the Saudi government’s role in influencing this effort and the risks posed by a foreign government entity taking control of a beloved American institution”.
Letters sent requesting documents by June 26, the Monday after Blumenthal’s home state of Connecticut finished hosting one of the PGA Tour’s ‘designated events’: the Travelers Championship at TPC River Highlands.
Senator Richard Blumenthal (D-CT) has opened an investigation into the LIV-PGA merger