Showing posts with label golf. Show all posts
Showing posts with label golf. Show all posts

Saturday, June 10, 2023

How Saudi Arabia Bought into Golf - BBC News

Jun 10, 2023 | The PGA Tour and DP World Tour have agreed to merge with Saudi Arabia's Public Investment Fund [PIF] in a deal that ends the split in the game. The surprise announcement comes after a year of unprecedented disruption in the men's game following the launch of LIV Golf, which is funded by the PIF. It means pending litigation between the tours will be halted and they will move forward as part of the same enterprise. BBC analysis editor Ros Atkins explains why a surprise deal between golf’s two main tours and Saudi Arabia’s Public Investment Fund has sent shockwaves through the world of men’s professional golf.


Why Saudi Arabia can afford to play a long game in bid to control sport: The kingdom’s astounding deal to control men’s golf is part of a patient, multibillion-pound strategy to change its global reputation »