Uefa probes Brighton and Hearts connection under Tony Bloom ownership May 20, 2026 Uefa is scrutinising the relationship between Hearts and Brighton and Hove Albion, with both clubs connected to Tony Bloom on course to qualify for Europe. Brighton owner Bloom holds a 29 per cent stake in Hearts – deliberately below the 30 per cent threshold Uefa prohibits owners from holding in more than one club in [...]
Mark Kleinman: Could Wells Fargo bank on a megadeal with Barclays? May 14, 2026 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his City AM column Could Wells Fargo bank on a mega-deal with Barclays? Now this really would liven up London’s M&A market. Since the turn of the year, the City rumour mill has persistently buzzed with talk of the biggest deal [...]
Ryder Cup captain Donald did not broker Rahm peace deal May 13, 2026 Europe’s Ryder Cup captain Luke Donald has said he did not intervene to broker the peace deal between the DP World Tour and Jon Rahm which allows the Spaniard to compete in the intercontinental golf tournament. Rahm risked being frozen out of Europe’s Ryder Cup defence in Ireland next year due to outstanding fines with [...]
LIV Golf players knew the risks of rebel tour, Rory McIlroy says May 12, 2026 Rory McIlroy says LIV Golf players knew the risks they were taking when they jumped ship to the rebel league, as uncertainty clouds the tour’s future. LIV’s backer, Saudi Arabia’s Public Investment Fund, this month confirmed that it will withhold further funding following the end of the season. The move has come as part of [...]
Surj reiterates sports commitments following PIF’s partial retreat May 7, 2026 Surj Sports Investment has reiterated its commitment to its stakes in ATP tennis, T100 triathlon and broadcaster Dazn in the wake of cuts to some Saudi-backed events. LIV Golf has been rocked by the withdrawal of further financial support from the Public Investment Fund, while Saudi Arabia has also axed snooker and flag football competitions. [...]
LIV Golf’s decline leaves sport with more questions than answers May 7, 2026 LIV Golf. What was that all about? Ok, the past tense might be a bit harsh. But could anyone have the appetite and depth of pockets to rescue a venture that has burned through $5bn from the ignominy of collapse? Where too does this embarrassing failure leave Saudi Arabia and its sporting ambitions? Time has [...]
LIV Golf hires restructuring experts as Saudi Arabia PIF ends funding April 30, 2026 LIV Golf have hired restructuring specialists to a newly established board of directors as the Saudi Arabian Public Investment Fund plans to halt its investment in the rebel league. Eugene Davis and Jon Zinman, described by the breakaway leagues as “seasoned experts in complex transactions, turnarounds, and restructurings” will come into LIV Golf as it [...]
LIV Golf to seek investment as Saudi Arabia PIF to cut funding April 30, 2026 LIV Golf is set to announce it is seeking new investment amid reports that Saudi Arabia’s Public Investment Fund is to cut off its funding. PIF has ploughed more than $5bn into LIV Golf since launching it as a challenger to the PGA Tour in 2022 and poaching top players including Bryson DeChambeau and Jon [...]
Barry Hearn says ‘Saudi is a problem’ amid snooker shift April 21, 2026 Snooker supremo Barry Hearn has admitted that “Saudi is a problem” amid reports of plans to move a lucrative event to fellow Gulf region Qatar. Saudi Arabia could be about to scale back its sporting empire due to conflict issues in the region, with LIV Golf’s long-term funding uncertain and other events potentially under review. [...]
What next for LIV Golf and Newcastle United after Saudi PIF strategy shift? April 18, 2026 With Saudi Arabia’s Public Investment Fund updating its strategy, what next for the PIF-owned Newcastle United and LIV Golf? Saudi Arabia’s Public Investment Fund last week published the latest iteration of its Vision strategy, which will cover the remainder of the decade. The strategy’s publication had been expected for some time. When the last planning [...]