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Saudi Arabia to spend billions on shock merger of PGA Tour and LIV Golf

Deal resolves bitter dispute between established series and breakaway league that has divided men’s game
The two sides have abandoned pending litigation and agreed to create a combined entity to house commercial activities

Saudi Arabia is set to pump billions of dollars into the world’s biggest professional golf organisation to seal a stunning merger between its breakaway LIV Golf and the US-based PGA Tour.

The infusion, which some people involved said could amount to about $3bn, underscores how Saudi Arabia has muscled into global sports through its use of oil-funded state finances.

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