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US Court Upholds Subpoena Against Major LIV Golf Investor

US Court Upholds Subpoena Against Major LIV Golf Investor

The LIV Golf League is facing a major legal setback after a court upheld subpoena requests from the Professional Golfers Association (PGA) Tour against the Saudi Arabia Public Investment Fund (PIF) and PIF Saudi International governor, Yasir Al-Rumayyan.

The PIF and Al-Rumayyan are the primary backers of the LIV tour, who were alleged to be instrumental in inducing players to breach their contractual agreements late last year.

PGA sought to add PIF to its ongoing countersuit against LIV, agreed upon by federal magistrate judge, Susan van Keulan, who rejected LIV’s argument that sovereign immunity laws protect the PIF and Al-Rumayyan.

In a federal court docket made public last week, the court outlined: “PIF and Mr. Al-Rumayyan purposefully directed their activities at the United States.”

“PIF is not a mere investor in LIV.

“It is the moving force behind the founding, funding, oversight, and operation of LIV.  PIF’s actions are indisputably the type of actions by which a private party engages in trade and traffic or commerce,” judge van Keulan wrote.

PIF and its governor are now subject to deposition, and are required to produce documentation in the ongoing litigation case between the PGA Tour and LIV Golf, including access into the business dealing of the sovereign wealth fund which Saudi Arabia has long sustained undisclosed.

The decision records another legal victory for the PGA Tour after a US judge blocked LIV golfers from returning to the PGA last year.

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