US Senate ask Saudi governor Yasir Al-Rumayyan and PGA Tour head Jay Monahan to appear


US Senate ask Saudi governor Yasir Al-Rumayyan and PGA Tour head Jay Monahan to appear before it on July 11 for inquest into shock LIV Golf merger

  • The Senate want a response from  Yasir Al-Rumayyan by June 28 on appearing
  • Jay Monahan recently stepped away from PGA duties due to a health issue 
  • DailyMail.com provides all the latest international sports news

The US Senate has asked Yasir Al-Rumayyan, Saudi Arabia’s Public Investment Fund governor, to appear before it on July 11 alongside PGA Tour commissioner Jay Monahan and LIV Golf CEO Greg Norman.

It comes after the bombshell deal was struck earlier in June for PGA Tour to merge with its fierce rival LIV, bringing an end to the civil war that was derailing the game.

But Congress opened a probe into the deal following its announcement. 

‘Fans, the players, and concerned citizens have many questions about the planned agreement between the PGA Tour and LIV Golf,’ read a letter to Al-Rumayyan.

Yasir Al-Rumayyan, Saudi Arabia's Public Investment Fund governor pictured alongside former US president Donald Trump, has been asked to appear before congress next month

Yasir Al-Rumayyan, Saudi Arabia’s Public Investment Fund governor pictured alongside former US president Donald Trump, has been asked to appear before congress next month

Jay Monahan, 53, has been invited to appear but recently stepped aside from PGA Tour Commissioner duties due to an unspecified medical issue

Jay Monahan, 53, has been invited to appear but recently stepped aside from PGA Tour Commissioner duties due to an unspecified medical issue

‘To assist the Subcommittee’s review, please be prepared to discuss the circumstances and terms of the planned agreement between PGA Tour and the PIF, how any new entities formed through the planned agreement will be structured, the expected impact on PGA Tour and LIV Golf players, and the anticipated role of the PIF in U.S. professional golf.’

The letter sets a deadline of June 28 for a response. 

On June 14, Monahan stepped away from his duties as PGA Tour Commissioner for an unspecified medical issue.

A joint statement from Monahan and the Tour’s policy board read: ‘Jay Monahan informed the PGA TOUR Policy Board that he is recuperating from a medical situation.

‘The Board fully supports Jay and appreciates everyone respecting his privacy. During Jay’s absence, Ron Price, Chief Operating Officer, and Tyler Dennis, Executive Vice President & President, PGA TOUR, will lead the day-to-day operations of the PGA TOUR with the assistance of the great team Jay has built, ensuring seamless continuity. We will provide further updates as appropriate.’

Monahan, 53, spent nearly two months working on the deal with two PGA Tour board members, investment banker Jimmy Dunne and New York attorney Ed Herlihy, without any players’ knowledge.

Almost all of them said they were shocked. Some even said they felt betrayed. 

The deal came nearly a year after Monahan made pointed remarks about LIV Golf’s source of funding, particularly as it related to any Saudi connection to the Sept. 11 terrorist attacks.

The merger will see the likes of Rory McIlroy of the PGA Tour and LIV's Brooks Koepka compete regularly against each other once again

The merger will see the likes of Rory McIlroy of the PGA Tour and LIV’s Brooks Koepka compete regularly against each other once again 

‘I recognize that people are going to call me a hypocrite,’ Monahan said in a Zoom call after the merger was announced. 

‘Anytime I said anything, I said it with the information that I had at that moment, and I said it based on someone that’s trying to compete for the PGA Tour and our players. 

‘I accept those criticisms. But circumstances do change. I think that in looking at the big picture and looking at it this way, that´s what got us to this point.’

SENATE LETTER IN FULL 

Dear Mr. al-Rumayyan: 

On July 11, 2023, the U.S. Senate Permanent Subcommittee on Investigations will hold a hearing to examine the planned agreement between PGA TOUR, Inc. and the Public Investment Fund (“PIF”) of Saudi Arabia regarding PIF’s investment in golf in the United States, the future of the PIF-funded LIV Golf, the risks associated with a foreign government’s investment in American cultural institutions, and the implications of this planned agreement on professional golf in the United States going forward. 

The hearing will begin at 10:00 a.m. in SD-562 in the Dirksen Senate Office Building in Washington, D.C. The Subcommittee respectfully requests that you appear in-person to testify at this hearing. 

To assist the Subcommittee’s review, please be prepared to discuss the circumstances and terms of the planned agreement between PGA Tour and the PIF, how any new entities formed through the planned agreement will be structured, the expected impact on PGA Tour r and LIV Golf players, and the anticipated role of the PIF in U.S. professional golf. 

Please submit a written statement to be included in its entirety in the printed hearing record. 

Subcommittee rules require that the written statement be received by 10:00 a.m. on Friday, July 7, 2023. Please send your written statement and a brief biography via email to the Subcommittee’s clerk.

In addition, please present an oral statement at the hearing. We request that your oral statement be limited in length to five minutes to allow adequate time for you to engage in questions and answers with members of the Subcommittee. 

Please confirm your appearance on July 11th by no later than June 28, 2023. We look forward to your participation in this hearing.



Read More

Leave a comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More