{"id":578448,"date":"2023-06-12T19:48:19","date_gmt":"2023-06-12T16:48:19","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/us-senate-opens-investigation-into-pga-tour-liv-golf-deal\/"},"modified":"2023-06-12T19:48:19","modified_gmt":"2023-06-12T16:48:19","slug":"us-senate-opens-investigation-into-pga-tour-liv-golf-deal","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/us-senate-opens-investigation-into-pga-tour-liv-golf-deal\/","title":{"rendered":"#US Senate opens investigation into PGA Tour-LIV Golf deal"},"content":{"rendered":"<p>The PGA Tour and LIV Golf may have already finalized the terms of their planned merger, but it won&#8217;t take place without a closer look from Capitol Hill.<\/p>\n<p>Sen. Richard Blumenthal (D-Conn.), chairman of the Senate Permanent Subcommittee on Investigations, said Monday the deal raises concerns \u201cabout the Saudi government\u2019s role in influencing this effort and the risks posed by a foreign government entity assuming control over a cherished American institution.\u201d<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.hsgac.senate.gov\/wp-content\/uploads\/2023-06-12-Blumenthal-Request-to-PGA-re-Agreement_Redacted.pdf\">Blumenthal sent letters to both the PGA Tour and LIV Golf<\/a> seeking records and emails about how the deal was reached and how the newly formed entity will be structured and operated.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" alt=\"PGA Tour sign\" data-uuid=\"7de61d7f-3aa5-3ecc-8e70-76010470a200\" height=\"3505\" id=\"12049226002\" src=\"https:\/\/media.zenfs.com\/en\/aol_usatoday_us_articles_590\/bcba58269729f67bdf21275a7d449c68\" width=\"5257\"><\/p>\n<p><strong>GREG NORMAN OUT?<\/strong>Public face of LIV Golf could see influence curtailed as part of restructuring<\/p>\n<p>Both parties have tried to avoid characterizing the deal as a merger, saying the PGA Tour would retain its non-profit status and the joint commercial entity would exist as a secondary asset.<\/p>\n<p>However, LIV Golf and several golfers sued the PGA Tour last year for alleged antitrust violations, calling it a monopoly throughout their 118-page complaint. The U.S. Department of Justice had also been looking into\u00a0possible anticompetitive practices of the PGA Tour\u00a0after the Tour tried to punish some of its players for joining LIV.<\/p>\n<p>By combining forces, the PGA Tour and LIV Golf could\u00a0become an even bigger target\u00a0for antitrust regulators, who could potentially try to block or delay the deal.<\/p>\n<p>Citing Saudi Arabia&#8217;s \u201cdeeply disturbing human rights record at home and abroad,&#8221; Blumenthal said in his letter to PGA Tour commissioner Jay Monahan the Tour&#8217;s &#8220;sudden and drastic reversal of position concerning LIV Golf raise serious questions regarding the reasons for and terms behind the announced agreement.&#8221;<\/p>\n<p><em>Contributing: Brent Schrotenboer, Nancy Armour<\/em><\/p>\n<p><em>This article originally <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>eared on USA TODAY: PGA Tour-LIV Golf merger the subject of new US Senate investigation<\/em><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/www.usatoday.com\/story\/sports\/golf\/2023\/06\/12\/pga-tour-liv-golf-merger-subject-of-new-us-senate-investigation\/70313511007\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The PGA Tour and LIV Golf may have already finalized the terms of their planned merger, but it won&#8217;t take place without a closer look from Capitol Hill. Sen. Richard Blumenthal (D-Conn.), chairman of the Senate Permanent Subcommittee on Investigations, said Monday the deal raises concerns \u201cabout the Saudi government\u2019s role in influencing this effort&#8230;<\/p>\n","protected":false},"author":1,"featured_media":578449,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/media.zenfs.com\/en\/aol_usatoday_us_articles_590\/bcba58269729f67bdf21275a7d449c68","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-578448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/578448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=578448"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/578448\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/578449"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=578448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=578448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=578448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}