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Related Special Reports
...The commercial entity and its billionaire backers are distinct from PGA Tour Inc, the tax exempt organisation that administers golf events....
Plus: how to make the sport more accessible for women; a Columbia Business School professor who revolutionised the game’s analytics; off-course golf points way to the future
...LIV Golf, which has just launched its third season, has poached a handful of star players from the PGA Tour....
...It was a deal made possible by Saudi Arabia’s sovereign wealth fund, which has bankrolled the rebel tour LIV Golf....
...Woods is still seen as a towering figure in the sport of golf. He joined the PGA Tour policy board in August amid the game’s ongoing negotiations with Saudi Arabia’s Public Investment Fund....
...Do read on — Josh Noble, sports editor The PGA Tour beefs up its defences with US cash For more than two years, the PGA Tour has been hounded by a rebel golf league flush with Saudi cash....
...team golf....
...Klein acted as an adviser on the agreement between the PIF and the PGA Tour, which is designed to reunify golf and end a bitter legal dispute over the launch of LIV Golf....
...PIF and LIV Golf have insisted the LIV Golf circuit will continue and several LIV golfers have said they are not interested in returning to the PGA Tour....
...The four majors are run separately from the golf Tours....
...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....
...Transfer Market Two big changes in the upper echelons of golf....
...For some decades, Hawaii has been a favourite playground for Japanese tourists, consistently in the top three most visited overseas destinations and the go-to spot for golf-tours, group getaways, marriage...
...Fenway Sports Group has signed up to enter a Boston-based team in TGL, the new virtual golf league backed by Tiger Woods and Rory McIlroy. The competition is due to launch in January....
...Saudi-backed LIV Golf’s awkward détente with the PGA Tour just got more awkward....
...Klein, a longtime PIF adviser who helped broker an agreement last year between the fund and the US PGA Golf Tour, said the Saudi court orders “expose me and my employees to not just civil liability, but...
...Top golfer Rory McIlroy, who had become the unofficial face of the PGA Tour and the resistance to Saudi Arabia-backed LIV Golf, capitulated on Wednesday to the merger of the two sides, saying it “ultimately...
...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....
...Saudi Arabia set out proposals to make its upstart team golf league the culmination of the PGA Tour and give ownership stakes to star players Tiger Woods and Rory McIlroy as its sovereign wealth fund sought...
...institution of golf,” the tour said last week....
...golf empire....
...Talks between the PGA Tour and Saudi Arabia’s Public Investment Fund are set to drag on well into next year, with a deal to unite golf still facing a number of big hurdles....
...His firm M Klein helped broker the legal truce between the PIF and the PGA Tour over the Saudi’s breakaway LIV Golf tournament, which is designed to include a PIF investment in the PGA Tour — a deal that...
...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....
...The US PGA Tour’s pact with Saudi Arabia’s sovereign wealth fund was meant to bring a peaceful resolution to golf’s civil war....
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