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The Latest Breaking News from PIF

Premier League clubs ask government to block nation-state ownership

Top-flight teams have asked for move to be part of new football regulator’s brief while equality, diversity and inclusion will not be central part of governance code

The Guardian - UK

Al Ittihad offer Liverpool world record fee for Mohamed Salah: Report

The Sun reports that officials from the Saudi club are in the UK to make a $270m offer for the Egyptian superstar.

Al Jazeera

LIV Golf signs on high-powered D.C. lobbying firm amid congressional probe

A representative of Akin Gump said Al-Rumayyan should not be forced to take part in any future hearings.

USA Today Sports Media Group

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'Total Waste Of Time' - Kevin Kisner Criticises PGA Tour 'Fight' With LIV Golf

The former PGA Tour Policy Board member has criticised the way the Tour handled the emergence of LIV Golf

Golf Monthly

When Did Golf Become All About Money?

Viktor Hovland won a staggering $32m+ in the 2022/23 PGA Tour season including his $18m FedEx Cup bonus

Golf Monthly

Saudi PIF could further diversify sports investments through these two growing sports leagues

Saudi Arabia signed soccer star Neymar to a deal worth up to $400 million earlier this month.

The Street

Saudi Arabia's Pro League is taking advantage of football's greed and inequality

For Liverpool supporters like me, Jordan Henderson was one of football’s good guys. He was the club captain who fundraised for the UK’s National Health Service during the COVID-19 pandemic and vocally supported Liverpool’s LGBTQ+ community.

The Conversation

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Frustrated Tom Watson Still Waiting for PGA Tour Answers To PIF Deal Questions

Tom Watson is still waiting for the PGA Tour to answer his questions on the PIF deal, and warned they'll be "heading in the wrong direction" without more player involvement

Golf Monthly

Tom Watson frustrated by lack of answers on PGA Tour, Saudi Arabia partnership

"The sad thing about it is the questions in that letter haven’t been answered. Not a single one," said Watson.

USA Today Sports Media Group

Lynch: Jay Monahan opens up on his health, but stays positively mum on his Saudi deal

Monahan's shareholders in the locker room primarily have one yardstick (money) and one concern (how they’ll get more of it).

USA Today Sports Media Group

8 Takeaways From Jay Monahan's Tour Championship Press Conference

The PGA Tour commissioner addressed the media to discuss a wide range of issues - here are the key points he raised

Golf Monthly

Jay Monahan adamant deal between PGA and LIV will be completed on time

The former rivals have until 31 December to reach an agreement and Monahan said both sides are working with ‘intensity and urgency’ to ensure the deadline is met

The Guardian - UK

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

NFL team owner has acquired another pro team

The new league's investors include Stephen Curry, Tony Romo, and Justin Timberlake.

The Street

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news in one place.

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Golf Monthly

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

The Guardian - US

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 - UK

‘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 Independent 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.

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news in one place.

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The Guardian - 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?

Golf Monthly

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

The Guardian - UK

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

Golf Monthly

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

Fortune

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.

The Guardian - UK

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

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