PGA Tour 'closer to PIF deal' after Trump intervention
The PGA Tour says it is "closer to a deal" with rival series LIV Golf after calling on US President Donald Trump to get involved.
BBC News
Public Investment Fund
Sovereign wealth fund of Saudi Arabia
The Public Investment Fund is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of US$930 billion. It was created in 1971 for the purpose of investing funds on behalf of the Government of Saudi Arabia. The wealth fund is controlled by Crown Prince Mohammed bin Salman, Saudi Arabia's de facto ruler since 2015.
0 shares
6 views
News coverage