![]() Capitol, while rival Saudi golf tour LIV patronized Trump courses, for undisclosed sums. Trump's golf courses were snubbed by the PGA Tour after his followers' violent Jan. ![]() Trump had warned pro golfers at the time they would lose millions if they stayed loyal to the “very disloyal PGA.”Ī “big, beautiful, and glamorous deal,” Trump tweeted at the Saudi-U.S. supporter celebrated.įormer president and current leading Republican presidential contender Donald Trump, whose golf courses and family have been a top beneficiary of Saudi investment, boasted that last year he had predicted a merger between Saudi upstart LIV golf and the PGA. On Wednesday, Saudi Arabia's most prominent U.S. The commercial merger followed the kingdom’s purchase of the Newcastle United soccer team and staging of Formula One races and multiple other sports events. Prince Mohammed has assumed much of the duties and leadership of his aged father, King Salman. It’s the latest and perhaps most dramatic move by Crown Prince Mohammed bin Salman to wield his kingdom’s oil wealth in reshaping his country's economy and advancing Saudi influence regionally and around the world, while muting critics. Tuesday’s surprise announcement of a commercial merger between Saudi Arabia’s $650 billion sovereign wealth fund, the PGA Tour and the European tour in the short run looks to end a messy legal battle between Saudi Arabia's LIV Golf and the PGA.īut for the Saudis, it’s much more than a major business deal. And no example has been as striking as his bold entry into professional golf - the favorite sport of presidents and millions of other Americans. ![]() WASHINGTON – After years of isolation over his human rights abuses, Saudi Arabia's crown prince is elevating his standing in the United States in part by diving into American sports, business and culture. ![]()
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