Sports
Justice Department to probe PGA Tour deal with Saudi-funded LIV Golf
PGA TOUR logo is seen during the second round of the Farmers Insurance Open at Torrey Pines South on January 29, 2021 in San Diego, California. Ben Jared | Pga Tour | Getty Images The Justice Department’s Antitrust Division has informed the PGA Tour it will review the organization’s proposed merger with Saudi-funded LIV Golf, […]
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Manchester United negotiating exclusivity with Qatar’s Sheikh Jassim in $6 billion-moreover sale talks — resources
LONDON, ENGLAND – JUNE 03: A Manchester United flag is waved from the stands through the Emirates FA Cup Final in between Manchester City and Manchester United at Wembley Stadium on June 03, 2023 in London, England. (Picture by Michael Regan – The FA/The FA by way of Getty Photographs) Michael Regan – The Fa […]
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NFL appears to be like to give a increase to Black- and minority-owned financial institutions
Critical Factors The NFL consulted with Bank of The united states and the Nationwide Black Financial institution Basis on its mortgage. The comprehensive terms of the personal loan are not remaining launched. Nevertheless, an NFL executive said the phrases are at “market charges,” and the league ideas to entirely attract on the bank loan around […]
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Golden Knights’ Stanley Cup win cements Las Vegas as a big-time sports city
Mark Stone #61 of the Vegas Golden Knights celebrates with the Stanley Cup after the Vegas Golden Knights won the NHL Stanley Cup Final against the Florida Panthers on June 13, 2023 at T-Mobile Arena in Las Vegas, Nevada. Jeff Speer | Icon Sportswire | Getty Images The Stanley Cup belongs to Sin City. The […]
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Senate Democrats press for Justice Division inquiry into PGA Tour-LIV Golfing merger
(L-R) U.S. Sens. Elizabeth Warren (D-MA) and Ron Wyden (D-OR) communicate to reporters about a corporate least tax approach at the U.S. Capitol Oct 26, 2021 in Washington, DC. Drew Angerer | Getty Photographs WASHINGTON — Two major Senate Democrats with a keep track of file of scrutinizing business and antitrust activity have called for […]
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PGA Tour Commissioner Jay Monahan takes medical leave days after LIV Golf deal announcement
PGA Tour Commissioner Jay Monahan is taking a leave of absence as he recuperates from a medical condition, the organization said in a statement late Tuesday. “Jay Monahan informed the PGA Tour Policy Board that he is recuperating from a medical situation,” the tour said in a statement. “The board fully supports Jay and appreciates […]
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Fanatics holds second investor day as the company moves toward IPO
Fanatics founder and CEO Michael Rubin at his office in New York. The Washington Post | Getty Images Fanatics held its second investor day in nearly a year as the company quietly moves closer to an initial public offering, a source familiar with the matter tells CNBC. More than 100 existing and prospective institutional investors […]
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NHL’s Ottawa Senators reach deal with Toronto billionaire Michael Andlauer for record price
Ottawa Senators goaltender Alex Auld (35) stops Nashville Predators’ Patric Hornqvist, right, during second-period NHL hockey action in Ottawa, Ontario, Feb. 9, 2012. Fred Chartrand The National Hockey League’s Ottawa Senators have found a new owner. Toronto-based billionaire Michael Andlauer has agreed to acquire the Senators, setting a record for the highest price paid for […]
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Saudi Arabia’s PGA merger is very likely just the commencing for the kingdom when it arrives to professional sports activities investments
The controversial mega merger involving the PGA Tour and Saudi Arabia’s LIV Golf is just a person move in the kingdom’s bold tourism and expenditure strategy — and its pursuit of significant-name athletics is just getting begun. “We’re kind of a proponent to uncover ‘all of the above’ method in activity,” Saudi Financial commitment Minister Khalid Al-Falih […]
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Shares of Manchester United briefly pop 16% soon after Qatar media hints at takeover bid ‘success’
A statue of George Most effective, Denis Legislation and Bobby Charlton standing outside the house Outdated Trafford, home of Manchester United in Manchester, England. Mike Hewitt | Getty Illustrations or photos Activity | Getty Pictures Shares of Manchester United rose as significantly as 16% in premarket buying and selling on Tuesday just after Qatari media […]
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