Posted on 06/13/2023 3:23:46 PM PDT by matt04
The Senate Homeland Security Committee has launched an investigation into the surprise merger between the PGA Tour and its Saudi rival LIV Golf.
Sen. Richard Blumenthal (D-CT), chairman of the Permanent Subcommittee on Investigations, sent a letter to LIV Golf CEO Greg Norman on Monday requesting all records relating to the agreement, including communications between the two organizations. LIV has until June 26 to respond to the records request.
Democrats in Congress have for years scrutinized Saudi Arabia for its human rights abuses, in particular its role in the civil war in Yemen. The kingdom has sought to rehabilitate its image with investments in professional sports, most notably the millions it has poured into LIV Golf through its more than $700 billion sovereign wealth fund.
The new league threatened the PGA's long-standing dominance in the sport, prompting a bitter and expensive feud in court as each side accused the other of antitrust violations. But that rivalry ended on Tuesday when PGA announced LIV would finance a new joint organization, to be formalized in the coming weeks.
News of the merger sparked outcry from Democrats who accused the kingdom of using the investment in PGA to paper over its human rights abuses. The announcement was even more surprising because PGA had only weeks earlier been lobbying members of Congress to keep Saudi Arabia from having a foothold in American golf.
Blumenthal expressed concern over a foreign entity taking over a "cherished American institution," echoing his colleagues' suggestion that the merger poses a national security threat.
(Excerpt) Read more at washingtonexaminer.com ...
Amazon and Google are YouTube are too big to take on...
Blumenthal is a bully.
Exactly. It is none of corrupt Bloomenthal’s business.
Squirrel!
And the 3 people who give sht sit up and take notice.
He didn’t get his cut, scumbag
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.