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Monday, November 25, 2024

Blumenthal, Johnson Invite PGA Tour, LIV Golf, & the Saudi Public Investment Fund to Testify at Hearing on Proposed Agreement

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Senator Richard Blumenthal | Richard Blumenthal Official Photo

Senator Richard Blumenthal | Richard Blumenthal Official Photo

[WASHINGTON, DC] – Today, U.S. Senate Permanent Subcommittee on Investigations (PSI) Chairman Richard Blumenthal (D-CT) and Ranking Member Ron Johnson (R-WI) invited PGA Tour Commissioner Jay Monahan, Public Investment Fund Governor Yasir al-Rumayyan, and LIV Golf CEO Greg Norman to testify at a hearing on July 11, 2023. The hearing will examine the planned agreement between the PGA Tour and the Saudi Arabian government’s Public Investment Fund regarding the future of the Saudi-funded LIV Golf and professional golf in the United States.

“Our goal is to uncover the facts about what went into the PGA Tour’s deal with the Saudi Public Investment Fund and what the Saudi takeover means for the future of this cherished American institution and our national interest,” said Blumenthal. “Americans deserve to know what the structure and governance of this new entity will be. Major actors in the deal are best positioned to provide this information, and they owe Congress – and the American people – answers in a public setting.”

“Fans, the players, and concerned citizens have many questions about the planned agreement between the PGA Tour and LIV Golf,” said Johnson. “I look forward to hearing testimony from the individuals who are in the best positions to provide insight to the public regarding the current state of professional golf.  I hope that this hearing and any other role that Congress plays in this matter will be constructive.”

The full text of the invitation to Monahan is available here. Similar invitations were sent to al-Rumayyan, available here, and Norman, available here.

Original source can be found here

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