The PGA Tour and Saudi Arabia’s Public Investment Fund, which is the primary financial backer of LIV Golf, have announced a treaty and potential merger, ending two years of civil war in professional golf.
Should the ruling hold – Freeman has scheduled a hearing for Friday – it would give unprecedented access into the business dealings of the sovereign wealth fund, which Saudi Arabia has long fought to keep secret.
The judge did rule in LIV’s favour that the tour must narrow its scope of subpoenas, writing the subpoenas “suffer from overbreadth both in scope and number of requests.”
A request has been filed by PGA Tour attorneys seeking a new trial date in its battle with LIV Golf, along with an extension to the document discovery process.
The request was filed in the Federal District Court in San Jose, California, where LIV Golf initially filed its antitrust lawsuit against the tour last August.
Majed Al Sorour, LIV Golf managing director and Golf Saudi CEO, is no longer in an administrative role with the breakaway circuit, Golf Digest has confirmed.
Multiple industry sources outlined four scenarios regarding Golf Saudi’s ambitions with women’s pro golf: continue/grow its current Aramco series within the LET framework; buy the LET; buy the LPGA; build its own LIV-style circuit.