Investigation into golf’s shock merger welcomed by 9/11 families group | Roscommon Herald - News Summed Up

Investigation into golf’s shock merger welcomed by 9/11 families group | Roscommon Herald


By Phil Casey, PA Golf Correspondent, Los AngelesA group representing victims’ families and survivors of the 9/11 terrorist attacks in the United States has welcomed the news that golf’s controversial peace deal will be investigated. The PGA Tour announced last week it was creating a new commercial entity with the DP World Tour and Saudi Arabia’s Public Investment Fund (PIF), which bankrolls the breakaway LIV Golf League. According to a report in the Wall Street Journal on Thursday, a PGA Tour official informed employees that the US Justice Department also plans to review the agreement for antitrust concerns. Terry Strada, the national chair of 9/11 Families United, said: “We are pleased to see and welcome these investigations into the circumstances surrounding the Kingdom of Saudi Arabia’s attempted acquisition of one of America’s cherished institutions – the PGA Tour. “As previous court documents made clear, LIV Golf was never about economics for the Saudis and there has never been a rational economic reason for spending billions on golf.


Source: The Herald June 17, 2023 14:29 UTC



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