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public investment fund
public investment fund
Cleary: "Maybe more is more": How established tours trump LIV Golf
Despite a motherlode of publicity in the popular, social and anti-social media - not to mention an estimated $US5 billion in seed money from Saudi Arabia - LIV Golf's TV ratings reflect that it hasn't shaken its "exhibition" tag, reckons Matt Cleary (and LIV Golf insiders).
7 May 2025
Tiger sees an end in sight for golf's civil war
Tiger Woods agrees with Rory McIlroy that there is light at the end of the tunnel in PGA and LIV Golf negotiations following a meeting with Yasir Al-Rumayyan, the governor of Saudi Arabia's Public Investment Fund.
12 Jun 2024
PGA and LIV rift cannot go on: McIlroy
The split in the men's game between the PGA Tour and Saudi Arabia-backed LIV Golf is unsustainable and will not benefit anyone in the long term, according to Rory McIlroy
3 Apr 2024
McIlroy approves of bid to end golf's civil war
Rory McIlroy has welcomed the news a group of PGA Tour players will meet officials from Saudi Arabia's Public Investment Fund as efforts continue to make a deal to end golf's civil war.
18 Mar 2024
Cleary: Fear, loathing and exceptionalism - why the PGA Tour is bad for world golf
There’s a theory, a term, you could call it a Thing, called ‘American exceptionalism’, in which many of our dear, sweet and slightly left-field cousins in America believe to their star-spangled bootstraps that they live in the greatest land of liberty in the history of humankind.
4 Mar 2024
Tiger says PGA Tour & PIF discussions are ongoing
Tiger Woods says the PGA Tour's negotiations with Saudi Arabia's Public Investment Fund are ongoing but that the Tour is "in a great position" after securing a $US3 billion ($A4.62 billion) investment last month from a consortium of U.S sports team owners.
15 Feb 2024
PGA Tour return should be tough for LIV players: Thomas
Former World No.1 Justin Thomas remains on the side of Jordan Spieth, Rickie Fowler and others that LIV Golf players should be penalised in any merger between their organisation and the PGA Tour.
7 Feb 2024
PGA Tour inks $3 billion deal with U.S consortium
The PGA Tour has secured a $US3 billion ($A4.5 billion) investment from a consortium of U.S sports team owners as part of a deal that will benefit its players and allow for co-investment from Saudi Arabia's Public Investment Fund.
1 Feb 2024
Smyth eclipsed by Thai teen at Saudi Open
Australian Travis Smyth has completed his impressive year on the Asian Tour, finishing third in the money-spinning, season-finale at the Saudi Open to soar to fourth overall in the Order of Merit standings.
18 Dec 2023
Rahm laying low after joining LIV
Masters champion Jon Rahm says he's decided to lay low and avoid public events until February after agreeing to jump from the PGA Tour to the Saudi-backed LIV Golf in a big-money move that's made headlines across the globe.
14 Dec 2023
PGA Tour pick potential investor as merger deadline nears
The PGA Tour has narrowed its choice of potential investors as it races to meet a December 31 deadline in merger talks involving Saudi Arabia's national wealth fund.
11 Dec 2023
Rahm LIV-bound on mammoth deal
Two-time major champion Jon Rahm has joined LIV Golf on a mega deal that will rock the PGA Tour to its core.
8 Dec 2023
Rahm linked with shock move to LIV
Rory McIlroy has expressed surprise at speculation linking two-time major winner Jon Rahm with a near billion-dollar move to LIV Golf.
23 Nov 2023
PGA Tour works toward equity ownership for players
The PGA Tour has created a program that would give players equity ownership in a new commercial enterprise, provided it finalises a deal with Saudi Arabia's national wealth fund and five other private groups that want to invest.
15 Nov 2023
McIlroy would be 'very surprised' if Rahm deflected to LIV
When Jon Rahm announced he was backing out of TGL, the new indoor golf league spearheaded by Tiger Woods and Rory McIlroy, it ignited rumours that the Spaniard might be planning a leap from the PGA Tour to LIV Golf.
7 Nov 2023
DeChambeau-led Crushers win LIV Golf team championship
Bryson DeChambeau has rolled in eight birdies on his way to a five-under 67, powering his Crushers GC to the LIV Golf Team Championship title at Trump National Doral in Miami.
23 Oct 2023
Norman bullish on LIV's future
LIV Golf chief executive Greg Norman has broken his months-long silence, expressing optimism about the future of the circuit and asserting his role will remain unchanged.
20 Oct 2023
Fleetwood looks to turn Ryder Cup momentum into Links glory
Tommy Fleetwood is still on a high from Europe's Ryder Cup triumph in Rome and hopes to use that momentum to win the Alfred Dunhill Links Championship.
5 Oct 2023
Saudis subpoenaed for documents on LIV-PGA merger
The chairman of a U.S Senate investigations subcommittee has issued a subpoena for documents on Saudi Arabia's new golf partnership with the PGA Tour, saying the kingdom needed to be more transparent about what he said was its $US35 billion ($A55 billion) in investments in the United States.
14 Sep 2023
McIlroy fully focused on a fourth FedExCup crown
Rory McIlroy can fully focus on claiming a record fourth FedExCup title and the $US18 million ($A28 million) first prize after revealing he is less "emotionally invested" in off-course affairs.
24 Aug 2023
PGA Tour boss confident merger will have "positive outcome"
PGA Tour chief Jay Monahan insists a positive outcome is on the brink and confident the merger with Saudi Arabia's Public Investment Fund will meet the January 1st deadline.
23 Aug 2023
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