Senate Finance Committee to investigate LIV-PGA merger
Senate Finance Committee Chairman Ron Wyden said his panel will conduct a comprehensive investigation into the PGA-LIV golf merger. Wyden did not give specifics on the investigation or when he may hold a hearing on it. But he said it is very difficult to get answers and accountability from the Saudi government.
Sen. Ron Wyden D-Or: “This looks like hypocrisy driven by a major cash grab, and we’re gonna get to the bottom of it.”
The Justice Department is currently conducting an antitrust investigation into the PGA. According to the New York Times, the department is specifically trying to determine if the PGA Tour sought to manipulate the sport’s labor market. Investigators have interviewed players including Phil Mickelson, Bryson DeChambeau and Sergio García.
Bloomberg reported that the Justice Department is also conducting an investigation into the merger.
Sen. Richard Blumenthal D-CT: “I would intensify and focus it not only on the anti trust issues, but also on the potential foreign registration questions.”
Blumenthal and his fellow Connecticut Senator Chris Murphy are furious with the PGA for joining with a league backed by Saudi Arabia, as families of 9/11 victims who accuse the kingdom of funding terrorism.
Sen. Richard Blumenthal D-CT: “If PGA really wants to make amends for this, really, absolutely a porn merger. It ought to be supporting the 9/11 families, rather than merging with an organization that tried to smear them,”
Sen. Chris Murphy D-CT: “And it’s disappointing that the PGA was up here on the hill, asking us all to join with them, in fighting back against the Saudis attempt to try to paper over their human rights record. And now they are very willing and enthusiastic to actually provide that same service to the Saudi government.”
In fact PGA Commissioner Jay Monahan once said he knows families who lost loved ones on 9//11 and used Saudi Arabia’s human rights record as a means to convince players not to leave the PGA.
Jay Monahan: “I would ask any player that has left or any player that has considered leaving, have you ever had to apologize for being a member of the PGA tour.”
The group 9/11 families united said they are offended by the PGA LIV deal, and said Saudi Arabia is trying to sportswash its reputation, and the PGA is helping them do it. Straight from DC, I’m Ray Bogan.