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Started By
Message
Bankers: Saudis threaten prison time for aiding PGA-LIV probe.
Posted on 2/7/24 at 5:01 pm
Posted on 2/7/24 at 5:01 pm
Bankers: Saudis threaten prison time for aiding PGA-LIV probe
What’s this frickery going on?
quote:
February 7 - As a U.S. Senate committee investigates the possibility of a PGA Tour merger with LIV Golf, bankers and consultants who advise Saudi Arabia's Public Investment Fund have testified that they face "criminal and financial penalties" if they cooperate with the probe.
quote:
Last June the PGA Tour announced the "framework agreement" for a shock merger with the PIF, which funds new rival league LIV Golf, as well as with the DP World Tour. While the PGA Tour has taken on a news investment partner made up of U.S.-based sports ownership groups, called Strategic Sports Group, it is said to still be in negotiations with the PIF. It remains to be seen if the PGA merging with its only rival will be allowed under federal antitrust law.
What’s this frickery going on?
10
Posted on 2/7/24 at 5:06 pm to WildcatMike
quote:
What’s this frickery going on?
The shite you would expect when you get in bed with Saudi scum
Posted on 2/7/24 at 5:07 pm to whatiknowsofar
What are they hiding?
Posted on 2/7/24 at 5:07 pm to WildcatMike
quote:
they face "criminal and financial penalties" if they cooperate with the probe.
And they should thank Allah that's all they'll get for cooperating!
Posted on 2/7/24 at 5:09 pm to WildcatMike
LIV vs PGA aside, I hope even the biggest LIV fans that live in America can still easily say the Saudis and Muslim led countries are abhorrent pieces of shite and a stain on western civilization
This post was edited on 2/7/24 at 5:10 pm
Posted on 2/7/24 at 5:15 pm to lsupride87
quote:
the Saudis and Muslim led countries are abhorrent pieces of shite and a stain on western civilization
They’re not western civilization though. We can’t judge them by our standards
Posted on 2/7/24 at 5:19 pm to lsupride87
quote:They can’t even mention LIV’s advantage being backed by PIF.
I hope even the biggest LIV fans that live in America can still easily say
*Player xyz is offered a $500,000,000 signing bonus to play with LIV*
LIV bot - “frick Jay and the PGA for being lame. They can’t compete with the superior LIV product!”
Posted on 2/7/24 at 5:20 pm to chalmetteowl
quote:Is this a troll?
They’re not western civilization though. We can’t judge them by our standards
Posted on 2/7/24 at 5:46 pm to chalmetteowl
quote:Then they should frick off and stop immigrating here in droves and brining their culture with them
They’re not western civilization though. We can’t judge them by our standards
They have already ruined large parts of Europe
This post was edited on 2/7/24 at 5:59 pm
Posted on 2/7/24 at 5:54 pm to WildcatMike
quote:
What are they hiding?
Terrorists
Posted on 2/7/24 at 5:55 pm to WildcatMike
Terrorism is tricky
Posted on 2/7/24 at 6:13 pm to WildcatMike
Let’s see here…one side is threatening charges and jail time if you testify in a legal hearing that carries a penalty of charges and jail time if you don’t
testify ?
testify ?
Posted on 2/7/24 at 6:16 pm to WildcatMike
LIV is the Saudis
PGA is the Chinese
Pick your poison.
PGA is the Chinese
Pick your poison.
Posted on 2/7/24 at 7:50 pm to whatiknowsofar
quote:
The shite you would expect when you get in bed with Saudi scum
true but look at the cool glow orb they let you touch if you fall in line!
Posted on 2/7/24 at 8:21 pm to WildcatMike
quote:
The PIF has been explicit that the disclosure of information relating to BCG's work for PIF is a violation of Saudi law, which ‘imposes criminal penalties for disclosing or disseminating such information including imprisonment for a maximum of 20 years
quote:
In a statement to Bloomberg, the PIF said it was making "significant efforts to facilitate the production of requested information from our advisers consistent with the laws of Saudi Arabia, which should be recognized like those of any other country."
Another fake news article embellished to paint a narrative.
quote:
The consulting groups' hesitance to work with the panel upset Sen. Richard Blumenthal (D-Conn.).
And here's why the article was written. Complete nothing burger.
Posted on 2/7/24 at 8:35 pm to The Pirate King
quote:
Saudi law
Saudi Arabia is also an absolute monarchy. And PIF is the sovereign investment fund of the country. So the people who have the money funding LIV (the royal family) also write the laws in that country. They made it a crime to disseminate information about their own finances. Amazing
This post was edited on 2/7/24 at 8:59 pm
Posted on 2/7/24 at 8:51 pm to The Pirate King
Yeh, Pirate, we get it. It’s Saudi law. But the point is Muslim rule law is horseshite and awful. You don’t need to defend it because you have become a liv knight
Think about what you have become. LIv had turned you into someone that now simps for Muslim law and culture. Cheer and fight me on LIV, awesome. Makes this site fun. But get Allahs cock out of your mouth man
Think about what you have become. LIv had turned you into someone that now simps for Muslim law and culture.
Cheer and fight me on LIV, awesome. Makes this site fun. But get Allahs cock out of your mouth manThis post was edited on 2/7/24 at 8:57 pm
Posted on 2/8/24 at 6:08 am to lsupride87
Ah I see we’re back on the evil blood money angle
Yeah, Saudi Arabia is a shite country with terrorists & supports Palestine & would kill people for breaking their laws
But they’ve decided to use their endless amounts of blood money to invest in sports. F1, premier league, Christiano Ronaldo, pro boxing, & now pro golf. It’s a sad state of affairs, but the PGA wasn’t set up to protect itself from a large investor/competitor.
Like it or not, you’ll probably see these guys walking around at PGA events next year
Yeah, Saudi Arabia is a shite country with terrorists & supports Palestine & would kill people for breaking their laws
But they’ve decided to use their endless amounts of blood money to invest in sports. F1, premier league, Christiano Ronaldo, pro boxing, & now pro golf. It’s a sad state of affairs, but the PGA wasn’t set up to protect itself from a large investor/competitor.
Like it or not, you’ll probably see these guys walking around at PGA events next year
Posted on 2/8/24 at 6:41 am to lsufball19
quote:
Saudi law
This is America, Jack.
Posted on 2/8/24 at 6:48 am to TDTOM
quote:
bankers and consultants who advise Saudi Arabia's Public Investment Fund have testified that they face "criminal and financial penalties" if they cooperate with the probe.
They’re talking about facing prison time & penalties IN Saudi Arabia if they cooperate with the US government.
quote:
That includes 20-year prison sentences for executives and staff working in Saudi Arabia
This post was edited on 2/8/24 at 8:07 am
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