The chairman of a Senate investigations subcommittee is subpoenaing Saudi officials for documents on the kingdom’s new golf partnership with the PGA Tour.
Committee chairman Sen. Richard Blumenthal, D-Ct., speaks during a homeland security and governmental affairs subcommittee hearing on Capitol Hill Wednesday, Sept. 13, 2023, regarding the proposed PGA Tour-LIV Golf partnership.
The surprise deal, which would join the venerable PGA Tour and a rival Saudi-funded golf start-up, LIV,. It overnight gave the Saudi government a major role in one of the main institutions of U.S. sport. Terms of the agreement are still being worked out. The Saudi Embassy did not immediately respond to a request for comment on the subpoena, which names the Public Investment Fund's New York-based U.S. subsidiary, USSA International.
Saudi Arabia under Crown Prince Mohammed bin Salman is working to diversify the kingdom’s oil-dependent economy with investments abroad.
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