Key LIV Golf figure told to hand over 'Project Wedge' documents

Senator Richard Blumenthal has given LIV Golf supremo Yasir Al-Rumayyan until 4 August to respond.

30 Jul 2023

Key LIV Golf figure told to hand over 'Project Wedge' documents

US senator Richard Blumenthal has given Yasir Al-Rumayyan and his attorneys a matter of days to find a suitable date in September to answer questions about the PGA Tour's agreement with LIV Golf.

Blumenthal appears to be absolutely determined to uncover more information about the PGA Tour's 'framework agreement' with LIV's backers.

The 77-year-old is the chair of the Senate Permanent Subcommittee on Investigations (PSI).

He opened the probe into the agreement between the PGA Tour, PIF and the European DP World Tour days after the stunning 6 June announcement.

That resulted in two high-ranking PGA Tour execs providing testimony about how the deal was brokered and what they claim will happen in the future.

There were a number of substantial revelations from the hearing that involved the likes of Tiger Woods and Rory McIlroy.

Here are 10 of them

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Arguably two of the most important figures in men's professional golf - PGA Tour boss Jay Monahan and the aforementioned Al-Rumayyan - were absent from the hearing.

Monahan missed the grilling as he was on a medical leave of absence. Al-Rumayyan and Greg Norman both cited scheduling conflicts.

After the hearing Blumenthal told reporters he would keep a close eye on the deal.

Now he is living up to his word and demanded Al-Rumayyan testify on behalf of the PIF, giving the businessman and his attorneys until 4 August to find a suitable date in September to answer his and other lawmakers' questions.

| Per a report, LIV Golf boss Yasir Al-Rumayyan reportedly left high-ranking PGA Tour execs Jimmy Dunne and Ed Herlihy stunned with a promise 'in exchange for nothing' at their first peace meeting. pic.twitter.com/jW2rfJq6uD
— GolfMagic (@GolfMagic) July 7, 2023

Blumenthal wrote:

"Questions remain as to the role that PIF will play in U.S. professional golf and how that role fits into PIF’s larger investment goals in the United States.

"Documents received as a part of the Subcommittee's inquiry thus far indicate that PIF is seeking a significantly increased Saudi Arabian presence in professional golf."

As reported by Sean Zak of Golf, Al-Rumayyan's counsel have suggested the PIF would be willing to 'be helpful' to Blumenthal's probe and 'work cooperatively' with the subcommittee.

Blumenthal also wants numerous documents including "the name and value of all stocks and securities" held by the PIF in the US and any documents referring to 'project wedge'.

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