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The Latest Breaking News from PIF

5 things we learned from Commissioner Jay Monahan’s State of the PGA Tour press conference

PGA Tour Commissioner Jay Monahan spoke during his annual State of the PGA Tour at East Lake Golf Club.

USA Today Sports Media Group

Senator Challenges PIF Governor Yasir Al-Rumayyan Over Refusal To Testify On PGA Tour/PIF Deal

Senator Blumenthal has challenged the governor of the Saudi Public Investment Fund over his refusal to testify about the PGA Tour/PIF link up

Golf Monthly

US senator warns top Saudi over refusal to testify on PGA golf deal

Richard Blumenthal to consider ‘other legal methods’ to compel Yasir al-Rumayyan to speak to Senate oversight committee

The Guardian - US

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‘It’s not a fad’: the truth behind Saudi Arabia’s dizzying investment in sport

From the star-studded Pro League to golf, F1 and cricket, the kingdom’s strategy is as cynically ambitious as it is controversial

The Guardian - UK

Saudi spending won’t compromise owners’ aims for Newcastle, says Mapgies CEO

The Public Investment Fund has ploughed money into both Newcastle and the Saudi Pro League.

The Independent UK

Saudi Pro League has the big stars – now it has to hope the fervour follows

Lavish spending has generated hype and controversy, but how will this project play out once the season starts?

The Guardian - UK

Jay Monahan Admits Regrets Over Hasty PGA Tour/PIF Agreement Announcement

The PGA Tour Commissioner has spoken to the media for the first time since the controversial announcement on June 6th

Golf Monthly

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How the Saudi Arabian takeover changed Newcastle United

Staff morale has improved and the women’s team have been made fully professional – but there is still a deafening silence on human rights issues

The Guardian - UK

Jay Monahan Holds PGA Tour Player Meeting Amid Shock Resignation Of Senior Official

Monahan has held his first meeting with players since a leave of absence in June due to poor health following the PGA Tour's shock link up with the Saudi Arabia Public Investment Fund

Golf Monthly

Saudi Arabia has the most profitable company in the history of the world, and $3.2 trillion to invest by 2030. Who will say no to that tidal wave of cash?

With its vast supply of oil money, the kingdom's flashy play for golf dominance is just the tip of the iceberg.

Fortune

Saudi Arabia's stunning sports summer offers 'quicker movement on the sort of ideological maneuvering that sportswashing is so much about'

Taking over American golf wasn't enough: Enter a bid to pay the greatest young soccer player more than $700 million just for one season.

Fortune

Premier League and Fifa helpless against Saudi juggernaut’s relentless progress

Saudi Pro League’s moves for ageing stars echo other leagues – but there is no reason why stars at their peak should not follow

The Guardian - UK

Lynch: Jay Monahan’s memo aims to buy 2 things he’s short on. Time and goodwill

For all of the concessions Monahan has made, a rancorous and divisive period lies ahead.

USA Today Sports Media Group

Jay Monahan 'Had The Right Answers' In Encouraging Player Meeting

Kevin Streelman was in the PAC meeting with Jay Monahan and says the PGA Tour commissioner was honest and had the right answers to their questions

Golf Monthly

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Golf Monthly

Jay Monahan Back With A Bang - Memo Details PGA Tour Player Compensation Program

Jay Monahan says financially rewarding loyal PGA Tour players and disciplining returning LIV golfers are top priorities in the ongoing PIF deal talks

USA Today Sports Media Group

Jay Monahan’s late-night memo to players filled with series of PGA Tour updates

Monahan had plenty to share.

Golf Monthly

‘A Crying Shame’ - Westwood On Lack Of DP World Tour Events Ahead Of Ryder Cup

Lee Westwood says the three-week gap before the next DP World Tour event is too big right in the middle of a battle for Ryder Cup spots

The Guardian - UK

Revealed: Saudi Arabia’s $6bn spend on ‘sportswashing’

Exclusive: Billions deployed since early 2021 in a move critics say is an attempt to distract from human rights record

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news in one place.

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USA Today Sports Media Group

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.

The Guardian - UK

‘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 Hindu

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 Independent UK

R&A chief Martin Slumbers doesn't rule out Saudi funding for British Open

R&A chief Martin Slumbers won't rule out taking money from Saudi Arabia's national wealth fund

Golf Monthly

Martin Slumbers Not Ruling Out Saudi Investment In The Open

The R&A's chief executive Martin Slumbers addressed how The Open might look in the years to come in his annual press conference

Golf Monthly

Jay Monahan's Top Priorities As He Returns To Work - Can He Keep His Job?

Jay Monahan returns to work as PGA Tour commissioner with plenty of problems to deal with - notably being able to keep his job among growing player unrest

The Times of India

Cameron Smith sees bright future for golf in PGA Tour-LIV merger

British Open champion Cameron Smith remains optimistic about the future of golf, despite the uncertainties surrounding the proposed merger between the PGA Tour and Saudi Public Investment Fund (PIF).

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