
Why Saudi Arabia Bought the Entire Sport of Professional Golf
Global Dispatches -- World News That Matters
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The Saudi Public Investment Fund's Investment in Professional Golf
The Saudi public investment fund has purchased a controlling stake in professional golf. CNN's John Defterios says the move is an odd one, given that foreign investors are not allowed to buy sports teams or players. But he thinks it makes sense because of its low barrier to entry and political ties with Donald Trump. "I don't think golf was probably their first choice, but it is a very good way in," defterios says.
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