DOJ Probes PGA Tour in LIV Golf Rift as Biden Arrives for Saudi Talks
With President Joe Biden arriving in Saudi Arabia on Friday for sensitive discussions with Saudi leaders, his Justice Department is taking aim at the uneasy relationship…
Saudi Arabia
Nicklaus v. Nicklaus: Golfer Sued by Namesake Co. Over Rival Tour and IP Use
Jack Nicklaus is now a defendant in a lawsuit brought by Nicklaus Companies, and the current battle between the PGA Tour and LIV Golf is a factor in the action. In 2007…
Saudi Takeover Boosts Spanish Club AlmerÃa Back Into LaLiga
Andalucian soccer team Unión Deportiva AlmerÃa earned a promotion to LaLiga, Spain’s top soccer league on Sunday night. It took seven years for AlmerÃa to return to the…
PGA Tour and Greg Norman’s LIV Golf Speed Towards Legal Collision Course
On Tuesday, the PGA Tour denied the requests of members who sought to play in the LIV Golf’s London event on June 9-11. The move is the latest in an ongoing saga pitting…
PGA Could Benefit From Upstart Golf Tour Taking a Different Approach
Phil Mickelson’s decision to backtrack on his involvement with the Super Golf League (SGL) has put the Saudi-backed venture’s future in doubt. It is the outcome the PGA…
F1’s Quest for Growth, Change Reflected in FIA President Race
Max Verstappen’s controversial last-lap victory over Lewis Hamilton last weekend, and the rulings that led up to it, signaled that Formula One is in the midst of…
Saudi Arabia Sports Spending Challenges Neighbors, Draws Critics
The sports pages have been rife with stories involving Saudi Arabia recently, with the kingdom making headlines in everything from the English Premier League to women’s…
Prime
Saudi-Backed Golf Circuit Announces $200 Million Investment in Sport
Professional golf has a new deep-pocketed upstart circuit, backed by Saudi Arabia’s sovereign wealth fund and led by former world No. 1 Greg Norman. LIV Golf Investments…
Saudi Arabia’s PIF Acquires EPL’s Newcastle United for $409 Million
A consortium, led by Saudi Arabia’s Public Investment Fund and including PCP Capital Partners and RB Sports & Media, has completed the acquisition of the English Premier…
Saudi Arabia Invites Foreign Investment in Sports for First Time
Programming note: JohnWallStreet will be off Monday and be back on Tuesday morning. Saudi Arabia’s Minister of Sports, Prince Abdulaziz bin Turki Al-Faisal, recently…
Saudi Vision 2030 Places Emphasis on Sport
Back in June, work commenced on the world’s largest cultural and heritage development project. The $20 billion Diriyah Gate project (7 square kilometers) will transform…
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