1. Power Broker Behind Saudi Golf Deal Resigns From PGA Tour Board.
- Author
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Beaton, Andrew
- Subjects
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GOLF tournaments , *GOLF , *SAUDI Arabians , *TEAM sports , *MUTUAL funds - Abstract
Jimmy Dunne, an investment bank executive and member of the PGA Tour's board, has resigned due to a lack of progress in talks with LIV Golf's Saudi backers. Dunne defended the framework deal with the Saudis in a letter to his fellow board members, stating that unifying professional golf is important for restoring fan interest and healing divisions within the sport. However, Dunne expressed frustration at not being involved in negotiations with Saudi Arabia's Public Investment Fund and feeling that his role was unnecessary. This resignation adds to the disarray within the PGA Tour's leadership, which has faced challenges in recent times. [Extracted from the article]
- Published
- 2024