The Latest Breaking News from PIF

British Open organisers the R&A warned on Wednesday that golf cannot jeopardise its financial future by ever increasing prize money for players after the influx of cash to the sport from the Saudi Public Investment Fund (PIF). Backed by the PIF, the breakaway LIV Golf series lured star names such…

R&A chief Martin Slumbers won't rule out taking money from Saudi Arabia's national wealth fund

The R&A's chief executive Martin Slumbers addressed how The Open might look in the years to come in his annual press conference

Jay Monahan returns to work as PGA Tour commissioner with plenty of problems to deal with - notably being able to keep his job among growing player unrest

If and when Monahan falls on his sword, a successor faces an unenviable challenge.

A clause in the PGA Tour-PIF deal that prohibited poaching players from either the tour or LIV Golf has been removed after concerns it could break federal employment law

The PGA Tour deal with Saudi Arabia's wealth fund is dropping a clause in their agreement over poaching

The deal between the PGA Tour and the Saudi PIF continues to change.

Rory McIlroy gave an emphatic response to proposals for him and Tiger Woods to captain LIV Golf teams, saying he'd rather retire

The Aramco Team Series presented by Public Investment Fund (PIF) is set to partner with the Future Investment Initiative (FII) Institute

Pressure is continuing to grow on PGA Tour commissioner Jay Monahan on the back of his shock deal with the Public Investment Fund of Saudi Arabia last month