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...Meanwhile, professional golf has been roiled by the proposed merger of the US-based PGA Tour and the Saudi Arabia-backed LIV Golf breakaway tour....
...The tour shocked the sports world in June by announcing it had reached a “framework agreement” with PIF and the Europe-based DP World Tour to halt civil litigation between the US circuit and the breakaway...
...Saudi Arabia is set to pump billions of dollars into the world’s biggest professional golf organisation to seal a stunning merger between its breakaway LIV Golf and the US-based PGA Tour....
...But there was a sense of resignation among golfers who had previously resisted the riches of the breakaway tour. “I still hate LIV,” McIlroy said on Wednesday....
...Last year, the former US president had predicted an “inevitable MERGER” with the Saudi-bankrolled breakaway competition LIV Golf, and celebrated the “big, beautiful, and glamorous deal” when it was announced...
...The Saudi Arabia-backed breakaway professional golf tour, LIV Golf, has agreed a deal to broadcast its events in the US on the CW Network, a channel best known for carrying teen dramas including Gossip Girl...
...The PGA Tour and PIF tie-up ended a costly battle, where the sovereign wealth fund had set up a rival breakaway tour, LIV Golf....
...A win would be a huge public relations victory for the breakaway tour, but it will take much more to challenge the PGA Tour’s supremacy....
...Real Madrid, the chief architect of the breakaway project, has already booked its slot....
...For almost two years, McIlroy acted as the PGA’s frontman as it battled to stem the flood of players abandoning the traditional tour in favour of the petrodollar millions offered by LIV, a breakaway competition...
Prize money raised, but head admits he cannot compete in ‘arms race’ with Saudi cash as another star defects
...Lefty, as he is known, is participating in LIV Golf Investments' new tournament, a breakaway league that threatens to upend golfing’s status quo....
...The European Tour is punishing British golfer Lee Westwood and other players with fines of £100,000 each for joining the game’s breakaway competition backed by Saudi Arabia’s sovereign wealth fund that is...
...Brookfield employees who work in the asset management division would receive shares in the breakaway company, according to two people briefed on the plans....
...Mir’s success, however, is limited to Russia and nine other countries, most of which are former Soviet republics, as well as Georgia’s breakaway regions of South Ossetia and Abkhazia....
...Then we’ve got a special dispatch from the FT’s Sujeet Indap on how golfer Phil Mickelson’s loose words cast doubt on the future of the breakaway Saudi Golf League designed to take on the PGA Tour....
...Rory McIlroy, the Northern Irish pro who has previously spoken out against breakaway leagues backed by Saudi cash, has decided not to play in Jeddah....
...(BBG) News round-up KPN rejects takeover bids from EQT and KKR (FT) Andreessen Horowitz plans $1bn cryptocurrency VC fund (FT) English football’s ‘Big 6’ face inquiry over Super League breakaway (FT)...
...A version of this article was first published by the Nikkei Asian Review on September 8 2020. ©2020 Nikkei Inc....
...Instead, following widespread concerns about privacy and security, the German authorities will back a breakaway technology first developed by Swiss researchers, which leaves much of the gathered data on...
...The company joined the likes of ride-hailing group Uber and teeth-straightening start-up SmileDirectClub with a first-day drop that set them apart from a somewhat sizeable breakaway group of mostly technology-focused...
...The Labour grandee, European Commission president and later founder of the breakaway Social Democratic party, felt betrayed by Blair over plans for a restructuring of the centre-left within a reformed voting...
...An alternative route close to Cyprus is no easier given Nicosia’s fraught relationship with Ankara, which supports the breakaway Turkish part of the island....
...The Freedom Caucus was formed as a breakaway faction in early 2015, but many of its members have roots in the anti-government Tea Party rebellion that elected a wave of conservatives in 2010 — which was...
...Few believe that a breakaway is feasible and Liberty wants to renegotiate the deal far sooner, and find other ways to lock teams in for longer....
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