US Justice Department to investigate PGA Tour-LIV Golf pact - WSJ

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The US Justice Department will investigate the PGA Tour's plan to merge with Saudi-backed LIV Golf, the Wall Street Journal reported. The PGA Tour, DP World Tour and rival LIV circuit had previously been involved in a bitter fight that split the sport

The PGA Tour, DP World Tour and rival Saudi-backed LIV circuit, which had been involved in a bitter fight that split the sport,The Justice Department had previously opened a probe into the PGA Tour's strategies for trying to keep its players from defecting to LIV, which was writing supersized paychecks to entice golfers to their circuit.

"We are confident that once all stakeholders learn more about how the PGA Tour will lead this new venture, they will understand how it benefits our players, fans, and sport while protecting the American institution of golf," the U.S.-based circuit said in a statement.The word "justice" is seen engraved at the headquarters of the United States Department of Justice in Washington, D.C., U.S., May 10, 2021.

Much of the human rights-related backlash centers around the alleged involvement of the Saudi Arabian government in human rights violations, including the 2018 murder of Washington Post journalist Jamal Khashoggi. Wyden also said on Thursday that he would look at the transaction and work to revoke the Saudi PIF’s special tax treatment. On Monday, Senator Richard Blumenthal asked the PGA Tour and LIV Golf for communications and records on their planned tie-up.

 

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