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The Latest Breaking News from PIF

Filing Reveals Jay Monahan's 2022 Earnings And PGA Tour's Huge Legal Fees

Sportico reports that the PGA Tour's 2022 IRS filings show a huge increase in Monahan's compensation and the organisation's legal fees

Golf Monthly

Former Masters Champion Among 21 Players To ‘Demand’ Full Disclosure Of PGA Tour Negotiations

Danny Willett is among a long list of names who have been to seek legal help after concerns about the future of the PGA Tour

Golf Monthly

Saudi Arabia dives deeper into Western assets as it looks set to become the majority owner of the U.K.’s busiest airport in a $12bn deal

The Sunday Times of London reports that the PIF could take a 60% share in Heathrow Airport alongside private equity group Ardian.

Fortune

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PGA Tour Confirms Talks With Strategic Sports Group As PIF Merger Deadline Nears

A memo released by the PGA Tour claimed that the circuit has 'agreed to further negotiate with Strategic Sports Group', as the deadline with the PIF at the end of December draws closer

Golf Monthly

PGA Tour policy board ‘advances discussions’ with investors, still talking to Saudi Arabia’s PIF

A PGA Tour Policy Board memo anticipates a "positive outcome for all players and the PGA Tour as a whole."

USA Today Sports Media Group

Butch Harmon Explains Why Jon Rahm's Defection To LIV Golf Could Bring The Sport Back Together

Jon Rahm was one of the PGA Tour's greatest assets before the Spaniard completed a reported $550 million dollar switch to the PIF-backed League

Golf Monthly

PGA Tour Pro Pens Lengthy Social Media Thread Sharing Thoughts On Why He Thinks Elite Game Is 'In A Sad Place'

Mackenzie Hughes has offered his thoughts on the current state of the men’s professional game

Golf Monthly

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'It's Clear That He Sold His Career Out' - Brandel Chamblee Criticizes Jon Rahm's 'Convenient' LIV Golf Move

The World No.3's game-changing move to the LIV Golf League did not sit well with the Golf Channel analyst...

Golf Monthly

'I Hope The LIV Deal Goes Through Now' - Chamblee Explains Why He Wants PGA Tour/PIF Merger

The Golf Channel lead analyst has explained why he hopes a deal is agreed following Jon Rahm's LIV Golf move

Golf Monthly

Saudi Arabia could take ‘effective majority control’ of London Heathrow

Investors may sell shares to oil-rich state’s Public Investment Fund, which already owns a stake, report says

The Guardian - UK

Tony Finau Reportedly In Negotiations To Join LIV Golf

The American could be the next high-profile name to leave the PGA Tour after Rahm's big-money switch on Thursday

Golf Monthly

'He’s Done More For The PGA Tour In The Last Six Months On The Board Than Anyone Since Tiger' - Spieth Defends Cantlay Amid Policy Board Rumors

Recent reports have suggested that Cantlay has taken control of negotiations alongside fellow policy board members Spieth and Woods

Golf Monthly

Lynch: Jon Rahm’s greed isn’t the PGA Tour’s biggest problem. It’s the guys who want Saudi-sized money for staying

The departure of Rahm is more a loss for the PGA Tour than a gain for LIV.

USA Today Sports Media Group

SI:AM | Jon Rahm’s Defection Throws a Wrench in Saudi–PGA Tour Agreement

Where do things go from here?

Sports Illustrated

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The Independent UK

Jon Rahm is leaving for LIV Golf. Here's what it means for LIV and the PGA Tour

Jon Rahm is the biggest name yet to bolt to Saudi-funded LIV Golf

Golf Monthly

Rory McIlroy Hoping PGA Tour And LIV Golf Can ‘Let Bygones Be Bygones’ To End Divide In Golf

McIlroy hopes that the PGA Tour and LIV can come together to end the divide in golf after Jon Rahm's move to the rival circuit

Evening Standard

Jon Rahm risks Ryder Cup future as LIV Golf celebrate biggest coup yet

Saudi Arabia’s Public Investment Fund secure a huge bargaining chip ahead of crunch talks over PGA Tour merger

Golf Monthly

What Jon Rahm's LIV Golf Move Means For The Game

The Masters champion's move has big implications for both LIV Golf and the PGA Tour as well as the wider landscape

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The Independent UK

Jon Rahm’s LIV defection is the ultimate Saudi power play in pivotal PGA Tour talks

The world No 3 has ditched the PGA Tour for LIV Golf – seismic news ahead of crucial negotiations for the future of the game

The Guardian - UK

‘A great opportunity’: Masters champion Jon Rahm confirms switch to LIV Golf

Jon Rahm is joining LIV Golf in a massive coup for the Saudi-funded breakaway tour, and is reportedly set to earn more than $300m

Caixin Global

Saudi Wealth Fund Pushes for Closer Ties with Asia

The $700 billion Saudi PFI is thinking of opening offices on the Chinese mainland and India, its governor said during a Hong Kong summit

The Independent UK

Jon Rahm’s LIV defection would be the ultimate Saudi power play before pivotal PGA Tour talks

Speculation is rife that the world No 3 is about to ditch the PGA Tour for LIV Golf – seismic news ahead of crucial negotiations for the future of golf

The Guardian - UK

Rocco Forte sells 49% of luxury hotel chain to Saudi Arabia

Deal is thought to value the owner of the Balmoral and Brown’s hotels at about £1.2bn

USA Today Sports Media Group

Lynch: A Jon Rahm leap to LIV will force a messy, make-or-break moment for PGA Tour and its top stars

LIV has a finite amount of time to succeed, which is why a get like Rahm is appealing to the point of necessity.

USA Today Sports Media Group

Tiger Woods, PGA Tour Player Directors address ‘speculation in our game’ in memo to membership

Monahan said a potential agreement with PIF may include at least one additional co-investor.

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