PGA Tour files lawsuit against LIV Golf financial backer as legal battles between rival leagues continue - CBSSports.com site: media arena: golf pageType: stories section: slug: pga-tour-files-lawsuit-against-liv-golf-financial-backer-as-legal-battles-between-rival-leagues-continue sport: golf route: article_single.us 6-keys: media/spln/golf/reg/free/stories CBSSports.com 247Sports MaxPreps SportsLine Shop Play Golf Stubhub Caesars Sportsbook CBS Sports Home Sports HQ Fantasy NFL NCAA FB MLB Soccer NBA Golf NHL NCAA BB NCAA WBB Champions League MMA WWE Boxing NASCAR Motor Sports USFL NWSL WNBA Horse Racing Olympics Big3 Tennis High School WSOP Shop Promotions PBR 3Ice Stubhub Play Golf Play

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PGA Tour files lawsuit against LIV Golf financial backer as legal battles between rival leagues continue

The Saudi Arabia Public Investment Fund s governor could be deposed as a result of the lawsuit

By Patrick McDonald Oct 21, 2022 at 1:34 pm ET • 1 min read Getty Images The PGA Tour filed a federal lawsuit on Thursday against the Saudi Arabia Public Investment Fund and the organization's governor, Yasir Othman Al-Rumayyan, according to court records obtained by ESPN. Placed in the U.S. District Court for the Southern District of New York in Manhattan, the PGA Tour's complaint included 50 exhibits and a motion to compel. If obtained, this motion from a federal judge would force Al-Rumayyan to be deposed as part of the initial federal lawsuit between the PGA Tour and LIV Golf in California. The Saudi Arabia PIF would be required to release documents to the PGA Tour's attorneys through discovery as a result. The filing is the latest chapter in the ongoing saga of the legal battles between the PGA Tour and LIV Golf. The PGA Tour filed a countersuit against LIV Golf in September claiming that by offering "astronomical sums of money" to golfers signed to the PGA Tour, LIV Golf spurred players to breach their contracts. Eleven players from LIV Golf had previously filed an antitrust lawsuit in federal court against the PGA Tour claiming the tour was utilizing its position as a monopoly to expel competition. The number of plaintiffs in the case has slowly dwindled, however, as Bryson DeChambeau, Matt Jones and Peter Uihlein (as well as LIV Golf) are the only ones remaining. Phil Mickelson was part of the remaining eight golfers who asked to be excluded. The Saudi Arabia PIF is the entity which is responsible for financing LIV Golf and holds investments with a number of other business ventures in the United States including Alphabet, Microsoft, JP Morgan and BlackRock. The fund currently possesses roughly $620 billion assets under management and is key to Saudi Arabia's plans to diversify revenues from oil and reshape its economy.

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