WASHINGTON—The PGA Tour said Wednesday, June 21, that it would appear next month before a Senate subcommittee whose leader asked executives from the tour, Saudi golf interests and LIV Golf to testify as Congress investigates the business agreement.
Sen. Richard Blumenthal, D-Conn., announced that the Senate Permanent Subcommittee on Investigations would hold a hearing on July 11 to examine the agreement involving the PGA Tour, Saudi Arabia’s sovereign wealth fund and the European tour to pool commercial business and rights in a new company.
“Our goal is to uncover the facts about what went into the PGA Tour’s deal with the Saudi Public Investment Fund and what the Saudi takeover means for the future of this cherished American institution and our national interest,” Blumenthal said in a statement. “Americans deserve to know what the structure and governance of this new entity will be. Major actors in the deal are best positioned to provide this information, and they owe Congress—and the American people—answers in a public setting.”…