LIV Golf may be facing layoffs as the league navigates its future after PIF involvement.
LIV Golf Considers Mass Layoffs Amid Financial Changes LIV Golf has informed its employees in both the U.S. and U.K. about the possibility of significant layoffs. This comes after the Saudi Public Investment Fund decided to withdraw its financial support following this season. Employees received this troubling news on Wednesday morning, signaling that the controversial […]
Donald Trump discusses the LIV Golf PIF funding situation.
Trump Comments on LIV Golf Situation Former President Donald Trump has shared his thoughts on the current situation surrounding LIV Golf, especially after the Saudi Public Investment Fund halted its financial support for the league. Speaking to reporters in the Oval Office, Trump expressed a desire to see the biggest names in golf compete against […]
‘If I Had A Gun, I’d Pew-Pew Your Motherfcking AS!’: Students Attack and Threaten Journalists During Anti-ICE Protest
Students Assault Journalist During Protest On Friday, an independent journalist was assaulted by students from Enumclaw High School in Washington State, who also threatened him with a gun. Recent protests by students across the nation have escalated against U.S. Immigration and Customs Enforcement (ICE), particularly following the involvement of Homeland Security agents in the fatal […]
Michael Lombardi from UNC visited Saudi Arabia for a possible PIF investment.
According to a report, Michael Lombardi, the general manager of the University of North Carolina football team, visited Saudi Arabia prior to the season to explore potential investment opportunities with the country’s Public Investment Fund. This trip was not sanctioned by the university, but UNC’s vice president for public affairs, Stoyer, indicated that it occurred […]
PGA Tour, Saudi PIF “close” to settling 6% stake, but what does it mean overall?
According to sources, the PGA Tour and the Saudi Public Investment Fund (PIF) are close to reaching an agreement. bloomberg business report. The two sides have been trying to reach an agreement for nearly 18 months, which could result in PIF acquiring a 6% stake in PGA Tour Enterprises, the PGA Tour's new commercial entity. […]
9/11 families furious over PGA Tour, Saudi PIF meeting in NYC on eve of Sept. 11 anniversary
The families of those whose lives were tragically lost on September 11, 2001, have a right to express their outrage once again this week, a week in which the New York region, and the entire United States, are mindful to “never forget.” On Tuesday, September 10, the day before the 23rd anniversary of the deadliest […]
PGA Tour, Tiger Woods meeting with LIV Golf, Saudi PIF officials in New York, per report
Tiger Woods joined PGA Tour officials in New York, who met with representatives from Saudi Arabia's Public Investment Fund (PIF). The PGA Tour and new investors from Strategic Sports Group (SSG) hope to close a deal that would see PIF join SSG as a $1 billion investor. Both sides also hope to see professional golf […]
PGA Tour Commissioner Jay Monahan provides no update on LIV Golf, Saudi PIF talks
ATLANTA — PGA Tour Commissioner Jay Monahan once again did not provide a specific update on the PGA Tour's ongoing negotiations with the Saudi Public Investment Fund (PIF), the sovereign wealth fund that provides funding for LIV Golf. But Monahan insists both sides are at the negotiating table and actively discussing the matter, adding that […]
Saudi Arabia PIF in talks to create boxing league: report
Saudi Arabia’s Public Investment Fund (PIF) is in talks with boxing stakeholders about creating a league, in a potentially game-changing move for the sport, people familiar with the matter told Reuters. The PIF is considering investing in a joint venture with boxing interests to host more matches, the people said, asking not to be identified […]
Rory McIlroy, despite alleged Tiger Woods fallout, to negotiate with Saudi PIF
After all, Rory McIlroy will likely play some role in the PGA Tour’s negotiations with the Saudi Public Investment Fund (PIF). After shooting a 4-under 67 in the opening round of the Wells Fargo Championship, McIlroy announced that he has joined the PGA Tour Corporate Transactions Subcommittee. “I’m not participating [PGA Tour Policy] It’s a […]