Instead of accepting this amount of money--call it an investment, call it financing--from the Saudi sovereign wealth fun...
What is the amount of the Saudi investment that is going to be made?
It is about hypocrisy, how vast sums of money can induce individuals and institutions to betray their own values.
You still have the choice to stand up against sportswashing, against the Saudi monarchy, against the hundreds of billion...
In other words, their interest was public image, sportswashing, cleansing their reputation. Correct?
We are a 501(c)(6) membership or trade association. Our mission is to generate economic opportunities for our players.
But there is an understanding that PIF will contribute an investment to the PGA Tour and the entity that will control it...
To be clear, he is out of a job.
What conversations among yourselves did you have as to the alternative sources of funding?
If this litigation is ended and your revenue is almost $3 billion a year, why do you need the Saudis' billion dollars?
But will you commit that it will not have it, that you will not agree to it if it does?
In 2023 we will distribute almost $1 billion to our players.
But there is something that stinks about this path that you are on right now because it is a surrender, and it is all ab...
I am betting--because I never want to bet against America--that America will be on your side, thick or thin.
Were any of the other independent directors on the board informed about the conversations or negotiations?