The PGA insists the new venture is not a merger and that it is not owned by PIF. It says PIF will be investing in this new subsidiary, with the PGA Tour retaining majority ownership and control.
Senator Blumenthal asked for relevant documents and information to be shared by June 26.
He noted in both letters that the announcement last Tuesday marked “a sudden and drastic reversal of position” from the PGA Tour towards LIV Golf which raised “serious questions”.
The PGA and LIV Golf had been involved in litigation in the US courts, with a number of players defecting from the PGA to LIV for huge sums of money.
The new venture, which the PGA promised would “unify the game of golf, on a global basis” and which also includes the European Tour, is sure to be a major topic of discussion as players gather for this week’s US Open at the Los Angeles Country Club.
Rory McIlroy, one of the PGA’s most high-profile supporters in its battle with LIV, said last week he felt like “a sacrificial lamb” after the deal was confirmed.
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