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The Latest Breaking News from PIF

Saudi Says 8% Aramco Stake Transferred To PIF Wealth Fund Portfolio

Saudi Arabia on Thursday said it transferred an additional eight percent stake from oil giant Aramco to firms owned by the kingdom's PIF sovereign wealth fund, according to state media.

International Business Times

Where’s Max Homa? Why No Female Coverage? 10 Things That Surprised Me From Full Swing Season 2…

There’s no doubt Full Swing Season 2 covers a lot of bases and provides ample entertainment, but there were a few storylines and omissions that left me scratching my head…

Golf Monthly

Saudi Arabia Transfers 8% Of Aramco To PIF Portfolio

Saudi Arabia transfers 8% of Saudi Aramco to PIF, signaling economic diversification and growth strategy.

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Why I Have More Respect For Rory McIlroy After Watching Full Swing Season 2

Rory McIlroy is a big part of Full Swing Season 2 and Netlix’s docuseries is all the better for it. Here’s why I came away with even more admiration for the Northern Irishman after watching it

Golf Monthly

LIV Golf Is Ready for the Long Haul After Dropping World Ranking Bid

Alex Miceli writes that the Saudi-backed league and PGA Tour feel confident in their positions, which is pushing unity farther away.

Sports Illustrated

Report: LIV Golf League Abandons Attempts To Secure World Ranking Points

A letter sent to LIV players by Greg Norman allegedly said “a resolution which protects the accuracy, credibility and integrity of the OWGR rankings no longer exists"

Golf Monthly

LeBron James, Drake lead list of celebrities who have invested in PGA Tour

LeBron and Drake weren't the only high-level personal investors to back the PGA Tour.

USA Today Sports Media Group

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DP World Tour Boss Suggests PGA Tour/LIV Golf Deal Isn't Imminent

Outgoing DP World Tour CEO Keith Pelley still believes unity is “inevitable” but not likely before he leaves next month.

Sports Illustrated

PGA Tour Pro Says Jon Rahm ‘Broke An Unwritten Code’ With LIV Golf Defection

A current top-100 PGA Tour player believes Rahm's move to LIV Golf could end up pushing any kind of unity much further down the road

Golf Monthly

Report: LIV Golf Involved In 'Secret Legal Dispute' With Premier Golf League

According to The Times, the PGL is seeking an eight-figure settlement fee from the PIF-backed circuit

Golf Monthly

New Zealand lobbied French on Solomon Islands-China pact, cables show

New Zealand officials hoped French Polynesia and New Caledonia would respond to security pact, documents show.

Al Jazeera

Saudi Investment Fund PIF Buys Into Men's Tennis In 'Strategic' Deal With ATP

Saudi Arabia's Public Investment Fund (PIF) on Wednesday announced a "multi-year strategic partnership" with the ATP, the governing body of men's tennis, extending the kingdom's influence on international sport.

International Business Times

Elon Musk Predicts Potential Bankruptcy For Tesla Rivals Rivian And Lucid

In June 2022, Elon Musk warned of potential bankruptcy for Rivian and Lucid, noting they end up in the cemetery unless they slash spending.

International Business Times UK

'The DP World Tour Should Have Been LIV's Home' - Chubby Chandler Believes Keith Pelley Was Wrong To Turn Down Saudi Investment

Agent Andrew 'Chubby' Chandler believes the DP World Tour were wrong to turn down the offer of Saudi investment in 2021

Golf Monthly

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Golf Monthly

Yasir Al-Rumayyan In Pro-Am Field At PGA Tour-Sanctioned Event

The PIF and LIV Golf chairman is playing in Morocco alongside Indian pro, Arjun Atwal

Evening Standard

Abu Dhabi sovereign wealth fund Mubadala said to consider buying Heathrow stake

If Mubadala buys into Heathrow, it would become the airport’s third Gulf state-backed shareholder alongside PIF and the Qatar Investment Authority

Golf Monthly

'There’s A Guy In This Room That Was Leading The US Open The Other Week And There Was Maybe Five Golf Shots Shown From Him'

Callum Tarren discusses the PGA Tour's new $3bn deal with SSG and how it could lead to the TV product being improved

Golf Monthly

PGA Tour Investor Makes Bold Claim About LIV Golfers

PGA Tour investor Arthur Blank was asked about the threat of LIV Golf but the Atlanta Falcons owner didn't seem that worried

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Golf Monthly

8 Takeaways From Tiger Woods’ First Press Conference Of 2024

Woods spoke to the media before his appearance at the Genesis Invitational – here are some of the key points from it

The Guardian - UK

‘We’re in a great position’: Tiger Woods claims PGA Tour doesn’t need PIF cash

Tiger Woods has joined Jordan Spieth in casting doubt on a future PIF deal, praising Strategic Sports Group for its ‘great leaders’ and ‘amazing brains’

Golf Monthly

Tiger Woods Gives Update On PGA Tour Negotiations With Saudi Arabian PIF

Tiger Woods says the PGA Tour is still keen to work with the Saudi Arabian Public Investment Fund following the recent $3bn deal with Strategic Sports Group

Golf Monthly

From 'Dead In The Water' To 'Let Them Come Back' - What Rory McIlroy Has Said About LIV Golf Since The Rival Tour's Inception

Rory McIlroy has been an ardent critic of LIV since its inception in 2022 - here's a timeline of some of his comments about the Saudi-backed circuit

USA Today Sports Media Group

Player equity in $3 billion PGA Tour Enterprises to be broken down into four groups

The majority of equity will be granted to 36 players based on career and last 5-year performance, PIP results.

USA Today Sports Media Group

Advisers could face 20 years in Saudi Arabia prison if they comply with U.S. investigation in PGA Tour, LIV Golf dealings

Discussions between the PGA Tour and Saudi PIF remain ongoing despite a $3 billion outside investment.

The Guardian - US

Top US consultancies face scrutiny over role in Saudi Arabia’s sports push

Senator suggests McKinsey, BCG and other firms may be violating federal disclosure rules

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