Senator Richard Blumenthal opened an investigation today into the planned merger of Saudi Arabia’s LIV Golf with the PGA Tour by sending letters to both parties demanding documents and information about the deal.
The Connecticut Democrat noted that the agreement “raised concerns about the Saudi government’s role in influencing this effort and the risks posed by a foreign government entity assuming control over a cherished American institution.”
He noted that Saudi Arabia’s $700B Public Investment Fund makes decisions under the chairmanship and guidance of Crown Prince Mohammed bin Salman.
“Critics have cast such investments in sports as a means of ‘sportswashing’—an attempt to soften the country’s image around the world—given Saudi Arabia’s deeply disturbing human rights record at home and abroad,” wrote Blumenthal, who chairs the Senate Subcommittee on Investigations.
The Senator wants all records related to the relationship between LIV and the PGA Tour by June 26.
He is especially intrigued by the PGA Tour’s “sudden and drastic reversal of its position concerning the LIV Golf.”
Prior to the June 6 announcement of the merger, the PGA Tour depicted LIV Golf as its mortal enemy.