PGA Tour files lawsuit against financial backer of LIV Golf as legal battles between rival tournaments continue

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The PGA Tour filed a federal lawsuit Thursday against Saudi Arabia’s Public Investment Fund and the organization’s governor, Yasser Othman Al-Rumayyan, according to court records it obtained. ESPN. The PGA Tour complaint, filed in the US District Court for the Southern District of New York in Manhattan, included 50 documents and a motion to compel.

If this request is granted by a federal judge, it would force Al-Rumayyan to fire him as part of a preliminary federal lawsuit between the PGA Tour and LIV Golf in California. The Public Investment Fund of Saudi Arabia will be required to release the documents to PGA Tour lawyers after they are discovered.

Recording is the latest chapter in the ongoing saga of legal battles between the PGA Tour and LIV Golf. The PGA Tour sued LIV in September, alleging that by offering “astronomical amounts of money” to golfers signed to the PGA Tour, LIV Golf was incentivizing players to break their contracts.

Eleven players from LIV Golf have filed an antitrust lawsuit in federal court against the PGA Tour, alleging that the tour is using its monopoly position to edge out the competition. However, the number of plaintiffs in the case slowly dwindled, with Bryson DeChambeau, Matt Jones and Peter Olin (plus LIV Golf) all remaining. Phil Mickelson was among the eight remaining golfers seeking disqualification.

The Public Investment Fund of Saudi Arabia is the entity responsible for financing LIV Golf and has investments with a number of other businesses in the United States, including Alphabet, Microsoft, JP Morgan and Blackrock. The fund currently has about $620 billion in assets under management, which is central to Saudi Arabia’s plans to diversify oil revenues and reform its economy.

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