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The Latest Breaking News from PIF

PGA and Saudi-backed LIV merger ‘in enormous flux’, says Republican senator

Parties are facing a six-month deadline to agree the final details of a deal, according to senator Ron Johnson investigating the deal

The Guardian - US

Lucid Stock Rally, Lordstown Slide Show This Is Key For EV Startups

Lucid Group (LCID) and Lordstown Motors (RIDE) continued to make big moves off low bases Thursday in a busy week for EV stocks of startup companies. Saudi Arabia's Public Investment Fund (PIF), Lucid's majority shareholder, plowed $1.8 billion more into Lucid shares, a filing revealed Tuesday. That news came a…

Investors Business Daily

PGA Tour and Saudi PIF Sign Framework for Future Partnership

The framework was signed a week before the announcement.

The Street

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5 new details on how golf will look after LIV and PGA Tour merge with rebels returning

The world of professional golf were left in shock when the PGA Tour agreed to work alongside LIV Golf, and three weeks on details on the agreement are beginning to emerge

Daily Mirror

Framework agreement leaks for PGA Tour partnership with DP World Tour, Saudi Arabia’s Public Investment Fund

While some questions have been answered with regard to the partnership, plenty more still remain.

USA Today Sports Media Group

Players returning from LIV Golf is part of Saudis' agreement with PGA Tour

Now that the PGA Tour and European tour have a deal with the Saudis, one step is deciding how players can return from LIV Golf if they so choose

The Independent UK

Greg Norman makes confident claim on LIV Golf future in leaked email after PGA merger

Greg Norman has remained relatively tight-lipped following the agreement between the PGA Tour and LIV Golf, but the former world No. 1 has privately reassured his staff over LIV's future

Daily Mirror

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Head of men’s tennis reveals ‘positive’ talks with Saudi wealth fund

The talks come after the Saudi-backed LIV Golf announced a shock merger with the PGA Tour in men’s professional golf

The Independent UK

Saudi Arabia holds talks with ATP tennis chiefs after golf and football investments

The ATP Tour's chairman has held talks with Saudi Arabia as their Public Investment Fund looks to invest in tennis with the sport's leading lights stating they must honour their traditions

Daily Mirror

Gary Neville's Newcastle takeover reaction that was 'unpopular with a few people in this room'

The PIF's relationship with Chelsea's owners has come under scrutiny but Gary Neville did not have an issue with the Newcastle United takeover in October, 2021

Chronicle Live

Newcastle statement shuts down Chelsea fears as Yasir Al-Rumayyan warns the Premier League

Newcastle United have targeted elite additions this summer and chairman Yasir Al-Rumayyan's address was a timely reminder of the club's huge ambitions

Chronicle Live

Newcastle United chief Yasir Al-Rumayyan reveals aims and desire for Magpies to be 'number one' club

Newcastle United chairman Yasir Al-Rumayyan has spoken about his aims for the Magpies

Chronicle Live

Todd Boehly 'gave assurances' to Premier League over Saudi involvement at Chelsea

Karim Benzema, N'Golo Kante and Ruben Neves will all play in the Saudi Pro League next season after saying goodbye to European football - with more stars set to follow

Daily Mirror

Q&A: Saudi Arabia’s growing influence, transfer deals and Premier League impact

N’Golo Kante and Ruben Neves are set to follow in the footsteps of Cristiano Ronaldo and move to the Middle East country.

The Independent UK

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The Guardian - UK

Are we witnessing the birth of the franchise football era?

In today’s Football Daily: How Saudi investment could reshape the landscape, and Gareth Bale sends Lionel Messi a message

Daily Mirror

Saudi Arabia eye move into cycling after PIF's football bombshell and golf merger

NEOM City, a $500bn investment led by PIF as part of Saudi’s Vision 2030 project, is exploring the possibility of taking over the naming rights for the Jumbo-Visma team next year

The National (Scotland)

Leading figures summoned to Senate hearing over shock PGA Tour-LIV Golf merger

Key personnel have been asked to appear at a Permanent Subcommittee on Investigations meeting on July 11.

Golf Monthly

'I Don't Think It Is A Merger' - PGA Of America Boss On PGA Tour-PIF Deal

PGA of America CEO Seth Waugh does not think the "handshake" between the PGA Tour and Saudi PIF is a merger deal

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Golf Monthly

Monahan, Al-Rumayyan And Norman Invited To Testify At Senate Hearing

The PGA Tour, PIF and LIV Golf officials have been invited to testify at the hearing scheduled for 11 July

Football London

Gary Neville demands Premier League ban on Saudi Arabia transfers as Chelsea eye £139m windfall

N'Golo Kante has joined Cristiano Ronaldo and Karim Benzema in Saudi Arabia this summer following the expiration his contract at Chelsea

The Guardian - US

US Senate asks governor of Saudi wealth fund to testify over LIV-PGA merger

Invitation raises possibility Yasir al-Rumayyan could be questioned under oath about execution of Jamal Khashoggi

The Independent UK

Leading figures summoned to Senate hearing over shock PGA Tour-LIV Golf merger

Key personnel have been asked to appear at a Permanent Subcommittee on Investigations meeting on July 11.

USA Today Sports Media Group

PGA Tour, LIV Golf and Public Investment Fund leaders invited to U.S. Senate hearing in July

"Americans deserve to know what the structure and governance of this new entity will be."

Golf Monthly

Love III Calls For Patience But Wants 'Player Input' On How PIF Deal Works Out

Davis Love III has backed Jay Monahan but says the PGA Tour players must have a say in how the PIF deal works out going forward

Chronicle Live

Gary Neville sends message to the Premier League as Newcastle owners ease Chelsea's FFP fears

Saudi Arabia's Public Investment Fund (PIF) have made huge moves to tempt Premier League stars to the Kingdom and Gary Neville has reacted to Newcastle United part-owners' new venture

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