tldrdailynews.com logo

US Government Investigates PGA Tour's Partnerships.

1 min read
Source: ESPN
US Government Investigates PGA Tour's Partnerships.
Photo: ESPN
TL;DR Summary

PGA Tour commissioner Jay Monahan told US senators in a letter that the federal government's inaction caused him to agree to the controversial partnership with Saudi Arabia's Public Investment Fund and the DP World Tour. Monahan described the new company as a subsidiary of the PGA Tour, in which the tour "will at all times hold the majority of the Board seats and be in control of this new company, regardless of the size of PIF's investment." The planned partnership would end the golf circuits' legal action against each other.

Topics:sports#golf#jay-monahan#pga-tour#saudi-arabia#sports#us-senate
Share this article
  1. Commissioner Jay Monahan says Congress left PGA Tour 'on our own' - ESPN  ESPN
  2. Senate Launches Probe Into PGA Tour-Saudi Arabia Deal  HuffPost
  3. Golf's Titanic Deal Stokes Anger on Capitol Hill  The New York Times
  4. PGA Tour-LIV Golf partnership facing government scrutiny - ESPN  ESPN
  5. US Senate opens investigation into new partnership between PGA Tour and LIV Golf  CNN

Reading Insights

Total Reads

0

Unique Readers

14

Time Saved

3 min

vs 4 min read

Condensed

87%

708 → 90 words

Want the full story? Read the original article

Read on ESPN