US senate summons key figures in PGA Tour’s Saudi deal as probe into golf saga continues
Golf’s three major tour bosses have been summoned to a United States Senate hearing next month, as the controversial merger agreement between the PGA Tour, DP World Tour and LIV Golf is put under scrutiny.
PGA Tour commissioner Jay Monahan, LIV Golf CEO Greg Norman and Saudi Arabia’s Private Investment Fund (PIF) governor Yasir Al-Rumayyan have all been invited to appear at a Permanent Subcommittee on Investigations meeting on July 11, that will analyse the detail and reasoning behind the unexpected unification of the three tours.
The golfing world was left stunned two weeks ago when the PGA Tour released a statement announcing that it had reached a ‘framework agreement’ to create a new commercial entity with the DP World Tour and LIV Golf’s funder PIF.
The shock development has caused uproar in some quarters of the USA, leading to the Senate announcing that it would open an investigation into the matter.