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Tag: Jay Monahan

  • The deal increases the influence of Saudi Arabia in golf

    The deal increases the influence of Saudi Arabia in golf

    Saudi Arabia has bought a stake in the PGA Tour, the tour’s commissioner Jay Monahan said. This comes after US lawmaker Chris Murphy tweeted, ” PGA officials were in my office just months ago talking about how…Saudis’ human rights record should disqualify them from having a stake in a major American sport.” He added, “Saudi…

  • There is a deal that increases the Saudi Arabia’s influence in golf

    There is a deal that increases the Saudi Arabia’s influence in golf

    Saudi Arabia’s Public Investment Fund will be the exclusive investor in the PGA Tour’s golf division, it was announced before it had a name. PGA Tour commissioner Jay Monahan is expected to be the new group’s chief executive, with Yasir al-Rumayyan, the fund’s governor, being installed as its chairman. The PGA Tour and the fund…