Top Ad
I DIG Radio
www.idigradio.com
Listen live to the best music from around the world!
I DIG Style
www.idigstyle.com
Learn about the latest fashion styles and more...

Sen. Blumenthal again requests Yasir Al-Rumayyan to testify before subcommittee

Written by 
Published in Golf
Thursday, 27 July 2023 08:06

Sen. Richard Blumenthal (D-Conn.) has doubled down on his quest for more details about the framework agreement announced last month between the PGA Tour, Public Investment Fund of Saudi Arabia and the DP World Tour.

On Thursday, Blumenthal sent a letter to PIF governor Yasir Al-Rumayyan requesting he testify before the permanent subcommittee on investigations. Al-Rumayyan and LIV Golf CEO Greg Norman had been requested to testify before the committee in a hearing held July 11 but both cited scheduling conflicts for why they couldnt attend.

Instead, the Tours chief operating officer Ron Price and policy board member Jimmy Dunne, who brokered the framework agreement with the PIF, testified at the hearing, which lasted nearly three hours.

A senator has introduced two bills in a move to revoke the PGA Tour's tax-exempt status.

According to the letter sent by Blumenthal, representatives for Al-Rumayyan have been asked at least twice since the July 11 hearing about the governors availability to testify but no definitive date for another hearing has been offered.

While the subcommittees July 11, 2023, hearing revealed important information regarding the framework agreement between PGA Tour and PIF, the subcommittee requires additional information to understand PIFs future role in American professional golf and its plans for other investments in U.S.-based entities, Blumenthal wrote.

Blumenthal has requested another hearing in September and gave Al-Rumayyan a Aug. 4 deadline to respond. Blumenthal also requested numerous documents including the name and value of all stocks and securities held by the PIF in the United States and any documents referring to project wedge, which was the PIFs earliest blueprint of what became LIV Golf.

The PIF and PGA Tour continue to negotiate toward a definitive agreement that would create a for-profit entity that would include the Tour, the European circuit and LIV Golf. In a memo sent to players on Wednesday, commissioner Jay Monahan said that process is complicated and time intensive.

Read 316 times

Soccer

Costa Rican club threatens FIFA suit for CWC spot

Costa Rican club threatens FIFA suit for CWC spot

EmailPrintOpen Extended ReactionsThe winningest team in Costa Rica is asking FIFA for a spot in next...

Ex-Man United star Mata buys stake in San Diego

Ex-Man United star Mata buys stake in San Diego

EmailPrintOpen Extended ReactionsFormer Spain international and World Cup winner Juan Mata has joine...

New owners seek Klopp's aid to transform Paris FC

New owners seek Klopp's aid to transform Paris FC

EmailPrintOpen Extended ReactionsThe Arnault family, owners of the LVMH luxury empire, plan to draw...

2026 FIFA


2028 LOS ANGELES OLYMPIC

UEFA

2024 PARIS OLYMPIC


Basketball

Knicks-Spurs to have Disney alt-cast on Dec. 25

Knicks-Spurs to have Disney alt-cast on Dec. 25

EmailPrintOpen Extended ReactionsBRISTOL, Conn. -- Mickey Mouse and many of Disney's iconic characte...

Hartenstein set to make season debut for OKC

Hartenstein set to make season debut for OKC

EmailPrintOpen Extended ReactionsThe Oklahoma City Thunder's stint without a center will end Wednesd...

Baseball

Sources: New bill seeks to protect minor leaguers

Sources: New bill seeks to protect minor leaguers

EmailPrintOpen Extended ReactionsSen. Dick Durbin plans to introduce the Fair Ball Act, a bill that...

Manfred expecting Sasaki to sign after Jan. 15

Manfred expecting Sasaki to sign after Jan. 15

EmailPrintOpen Extended ReactionsNEW YORK -- With uncertainty looming over when Japanese baseball st...

Sports Leagues

  • FIFA

    Fédération Internationale de Football Association
  • NBA

    National Basketball Association
  • ATP

    Association of Tennis Professionals
  • MLB

    Major League Baseball
  • ITTF

    International Table Tennis Federation
  • NFL

    Nactional Football Leagues
  • FISB

    Federation Internationale de Speedball

About Us

I Dig® is a leading global brand that makes it more enjoyable to surf the internet, conduct transactions and access, share, and create information.  Today I Dig® attracts millions of users every month.r

 

Phone: (800) 737. 6040
Fax: (800) 825 5558
Website: www.idig.com
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Affiliated