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In years' past, The AT&T Pebble Beach Pro-Am signified to many that Golf Season is back… but now with all of the Drama surrounding the PGA, LIV and various investment groups, it feels a little different this year so Richard Zokol comes on the show to talk about it. Bob John and Richard react to The Strategic Sports Group's $3 billion investment to partner with the PGA Tour and wonder what that means for the agreement with the DP World Tour and Saudi Arabia's Public Investment Fund to create PGA Tour Enterprises.
Peter Angelos has agreed to sell the Baltimore Orioles after owning them for 31 years. The new ownership group is led by private equity executive and Baltimore native David Rubenstein. It includes Hall of Famers Cal Ripken Jr. and Grant Hill, as well as former New York City mayor Michael Bloomberg, and prompts questions on how this will alter team operations and whether it will lead to the sale of the Washington Nationals. Sam Dingman, co-host of the Orioles podcast The Rumor, joins the show to discuss what this means for the team and their fans. Plus, the PGA Tour has secured a $1.5 billion investment that could rise to $3 billion as it continues to negotiate with Saudi Arabia's Public Investment Fund. The deal bolsters the future of the leading golf organization as it works to determine the future of the sport.
In episode 120, The 966 once again has on offer a menu of excellence discussing some of the most important topics happening in Saudi Arabia this week -- a tough decision for the editorial team as Saudi Arabia continues to create headlines as it marches forward with economic and social reforms. 5:55 - Richard's One Big Thing this week is Saudi Arabia's Arab Peace Initiative and the status of Saudi diplomacy vis-a-vis the ongoing Israeli invasion of Gaza. 5 countries are working on a path to peace, including Saudi Arabia, which is contingent on a Palestinian state living side by side with Israel. The hosts lament the tragedy unfolding on the ground in Gaza and identify the troubling developments rippling across the region as a result. 17:45 - Lucien's One Big Thing is the upcoming Private Sector Forum organized in Riyadh by Saudi Arabia's Public Investment Fund. The Forum is set to be much larger from its inaugural edition last year and expand the role of the event in fostering new opportunities in Saudi Arabia's private sector. The event will take place at the King Abdul Aziz International Conference Center, which is adjacent to the massive Ritz Carlton in Riyadh with the aim to support the fund's private sector engagement strategic initiative. The Forum will showcase the PIF and its portfolio companies' business opportunities, signal potential opportunities for investors/suppliers, and create probably one of the best networking platforms in Saudi Arabia this year. Lucien notes that the event will nearly double in size -- with double the expected attendees, double the number of exhibiting companies and booths, and double in physical size with a much larger area to work with at the KAICC. 27:32 - Yallah!•Saudi Arabia has said it will open a shop in Riyadh selling alcohol to a select band of non-Muslim expats, the first to open in more than 70 years.•Rapper Ty Dolla $ign's performance in Jeddah's oldest neighbourhood, known as Al-Balad, alongside artists like Wu-Tang Clan and Major Lazer underscored efforts to revamp the UNESCO World Heritage site, expanding its allure for young Saudis and foreigners.•The rapidly growing gaming market in Saudi Arabia has received a huge boost after Dubai-based e-sports brand, True Gamers, signed a franchise deal worth $45 million with investment firm, Falak, reports Meed.•A Saudi doctor saw his fortune close in on $12 billion on Thursday as shares of his healthcare firm rebounded, returning him to the ranks of the Middle East's wealthiest private individuals.•Numerous foreign law firms are attempting to set up offices in Saudi Arabia following changes to the country's Code of Law Practice, which mean that being affiliated with a local firm is no longer sufficient.•The Israel-Hamas war has halted progress on what's known as the India-Middle East-Europe Economic Corridor — a project touted last year by Washington and key allies that envisages building new rail links across the Arabian peninsula.***
This episode tackles one of the hottest topics in golf today: if, after an infusion of funding from private equity and Saudi Arabia's Public Investment Fund, the PGA Tour were to create a global schedule of elite events, what should this "world tour" look like? Andy, Joseph, and Garrett each give their proposals. First, though, they participate in a new opening segment, "In and Out," in which they discuss, among other things, Justin Thomas's reemergence, Scottie Scheffler's putting, and the proper pronunciation of "amateur."
A deadline between the PGA Tour and Saudi Arabia's Public Investment Fund came and went with no deal, but the two sides continue to talk. Meanwhile, the PGA Tour appears to be nearing a deal with a separate group of sports team owners to provide additional funds and a backup should negotiations with the PIF fall apart. Plus, the Professional Women's Hockey League launched, Jim Harbaugh may have one foot out the door, and we dive into the world of stadium concerts and the complications and benefits they present to teams.
Join hosts Scarlet Fu and Damian Sassower for a look at some of the latest headlines and stories in the business of sports. KLUTCH Sports Group founder and CEO Rich Paul joins to talk about his new memoir, "Lucky Me", his special relationship with Lebron James and the biggest issues facing today's athletes. Bloomberg US sports business reporter Randall Williams also joins the conversation. Vince Gennaro, associate dean and clinical associate professor at the NYU Preston Robert Tisch Institute for Global Sport breaks down the impact of two-way baseball star Shohei Ohtani's record deal. Plus, Bloomberg News senior reporter Gillian Tan reports on a Fenway Sports Group-led consortium entering final talks to be a US co-investors in the entity being formed by the PGA Tour, Saudi Arabia's Public Investment Fund and the DP World Tour.See omnystudio.com/listener for privacy information.
Negotiations between the PGA Tour and Saudi Arabia's Public Investment Fund are heating up following the departure of Jon Rahm for LIV Golf and the approaching Dec. 31 deadline to strike a deal. Front Office Sports senior reporter AJ Perez shares what he's hearing from his sources regarding the negotiations. We also check in on Netflix' latest live sports event and lessons learned from the NBA's in-season tournament. Plus, Serie A's U.S. managing director Andy Mitchell discusses the top-flight Italian soccer league's plans to grow in the U.S. with the World Cup and other major international soccer tournaments arriving Stateside in the next few years.
Welcome to the Fore Golfers Network/Michigan Golf Live Podcast Ep 403 - Alan Shipnuck - LIV And Let Die We welcome in best-selling author Alan Shipnuck to talk about the investigative work he invested into the writing of LIV and Let Die: The Inside Story of the War Between the PGA Tour and LIV Golf No journalist on the planet has taken a deeper dive into the origins, personalities, controversies, bizarre twists and turns, and soap opera dramatic moments in the formulation and fight for survival that accompanies LIV Golf and the PGA Tour's attempts to thwart mass defection. If you like "behind the scenes" stories, the latest from Shipnuck delivers big time. Alan Shipnuck, the New York Times bestselling author of Phil, returns with a major new work of insider reporting on the battle for the soul of professional golf between the PGA Tour and the Saudi-funded LIV Golf League. Over the past two years, professional golf has been at war, and Alan Shipnuck has been our most trusted correspondent on the front lines. Following closely on the heels of his bestselling sensation Phil, Shipnuck turns to the conflict that made Mickelson, and many other top golfers, villainous in the eyes of the public: LIV Golf's controversial—and belligerent—storming of the professional golf world. (LIV's unofficial motto, immortalized on hats gifted at a staff party: “F--k 'Em All.”) In LIV and Let Die, Shipnuck delivers the inside story in real time, with fly-on-the-wall reporting from the yachts where LIV was hatched and within the corridors of power as the PGA Tour flailed to fend off the threat. Shipnuck has traveled seamlessly between both tours—having countless conversations with players, caddies, CEOs, agents, financiers, lawyers, flaks, fans, and Instagramming wives—to deliver a no-holds-barred account of the most chaotic moment in golf history. Anyone who has a stake in professional golf lined up for an interview with Shipnuck—because they knew everyone else was talking to him, too. The disruption to an old, proud sport was largely conducted in the shadows, but LIV and Let Die delivers numerous revelations about what really happened, and why. Shipnuck's unparalleled access and award-winning reporting chops provide rich portraits of the brand names at the center of this sprawling tableau: Greg Norman, Rory McIlroy, Brooks Koepka, Tiger Woods, Jack Nicklaus, Jay Monahan, His Excellency Yasir Al-Rumayyan, Donald Trump, Saudi Crown Prince Mohammed bin Salman, Dustin (and Paulina!) Johnson, Pat (and Ashley!) Perez, Patrick (and Justine!) Reed, Bryson DeChambeau, Jimmy Dunne, and many more. Bankrolled by Saudi Arabia's Public Investment Fund, LIV Golf has upended the men's professional game with vast riches—blatant “sportswashing,” from the mouth of Mickelson himself. Says Brandel Chamblee, “I think the LIV players are in a morally indefensible position, with a willful blindness to the consequences of their action, making them complicit to the ongoing atrocities.” Rory McIlroy said of playing a tournament alongside LIV golfers, “It's going to be hard for me to stomach.” But the battle to thwart LIV revealed a deeper struggle within the game. “The Seminole guys, the Augusta National guys, they're used to having all the power in the golf world,” says LIV's Peter Uihlein. “They don't like to be challenged. They're not used to it.” The bitter feuding (and trolling) between the PGA loyalists and the LIV camp made the battle between the tours deeply personal—but for the top leaders of the two tours it was strictly business, and in a series of secret meetings they reshaped the future of the sport. LIV and Let Die provides the previously unknown background and crucial context to understand the armistice between the tours that shocked the world in June 2023. Long known as the most fearless writer on the golf beat, Shipnuck has delivered another hotly anticipated book packed with juicy nuggets and in-the-room-where-it-happened action...think Bob Woodward moonlighting on the sports desk. LIV and Let Die is the definitive account of the biggest (non-Tiger) golf story this century and a lively page-turner that in places reads like a spy thriller. ---------------- Subscribe to the FGN Podcast Watch FGN videos on YouTube Check out our other sports pod: Church Pew Sports TEXT or CALL (989) 272-2383 to share your thoughts, comments, suggestions, and questions
Episode 102! Rawan Hashem from the data insights firm Carma joins The 966 to discuss evolving media perspectives of Saudi Arabia and Vision 2030. Before the conversation, the hosts discuss the new organization in Saudi Arabia, called Hevolution, and its $1 billion mission to advance humanity's fight against aging based on a recent Wall Street Journal article from this week. Then the hosts discuss the recent data out on Saudi Arabia's tourism industry which show the Kingdom's important new sector is growing rapidly. The hosts conclude as always with six top storylines to on Saudi Arabia this week. 4:23 - Richard's One Big Thing this week is Hevolution, and its $1 billion mission to advance humanity's fight against aging based on a recent Wall Street Journal article from this week. 13:58 - Lucien's One Big Thing this week is Saudi Arabia's tourism industry, which has put up some impressive numbers in 2023. Saudi Arabia only very recently rolled out tourist visas for visitors on September 28, 2019, months before the pandemic. Tourism revenues in Saudi Arabia tripled during the first quarter of 2023, reaching about $9.86 billion, according to the state-run Saudi Press Agency (SPA).The Kingdom has recovered significantly since the COVID pandemic, hosting approximately 7.8 million tourists during the first quarter of the year. That number represents a 64% increase in the number of tourists so far in 2023, compared to the pre-COVID record year in 2019.27:06 - Rawan Hashem from the data insights firm Carma joins The 966 to discuss evolving media perspectives of Saudi Arabia and Vision 2030. 1:06:00 - Yallah!•The Saudi Esports Federation has announced a three-year partnership with American fast food company KFC. The partnership will focus on supporting local esports talent in the region by providing more opportunities to advance to international esports events.•Saudi is planting 80 million trees in the Saudi Royal Reserves. The new forests will protect wildlife and are part of eco-tourism developments and the goal to attract 2.3 million tourists by 2030•The second edition of the NEOM Beach Games is scheduled to start on October 21 and continuing to the end of November.•Saudi Arabia and Russia said they would extend their cuts in oil supplies through for the rest of 2023.•Saudi Arabia and Iran have reached a “groundbreaking” deal to resume home-and-away football matches between club sides after seven years of competing in neutral venues, the Asian Football Confederation (AFC) said on Monday.•Saudi Arabia's Public Investment Fund will fully acquire the Saudi Iron & Steel Company (Hadeed) from Saudi Basic Industries Corporation (Sabic) in a $3.3 billion deal, as the kingdom seeks to accelerate its industrial development.
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Tiger Woods has joined the PGA Tour's Policy Board as a player director in a move which will give golfers a bigger say in major decisions. Woods' appointment follows the merger between the Tour, Saudi Arabia's Public Investment Fund and the DP World Tour in June that left players blindsided. The 15-time major winner becomes the board's sixth player director, joining Rory McIlroy and four others. What does this all mean for the game of golf? Timothy Low, international golf commentator, is in the hot seat to tell us. Got a story to tell? Get in touch with us!edanker@sph.com.sg | raushan@sph.com.sg See omnystudio.com/listener for privacy information.
The U.S. Senate held a hearing on the proposed deal between the PGA Tour and Saudi Arabia's Public Investment Fund and FOS senior reporter AJ Perez spoke to leading senators on how the government could impact a defining deal for the future of golf. FOS reporter Amanda Christovich joins to discuss the bizarre situations involving Northwestern football coach Pat Fitzgerald and West Virginia basketball coach Bob Huggins. Finally, we hear from one of the most iconic voices in sports, Bruce Buffer, who electrifies UFC crowds with his signature phrase, “It's Time!”
Nice guy Andy Fertig is back to talk over some potential tournament format ideas for an upcoming buddies trip to Bandon Dunes. Andy and Kyle also discuss news of the week, including the PGA Tour and Saudi Arabia's Public Investment Fund's 'framework agreement' that was released earlier this week and Rory McIlroy's comments about TPC River Highlands. Host: Kyle Surlow (instagram) Guest: Andy Fertig (instagram) This episode is proudly presented by Suave Golf Check out Suave's Golf Sabbaticals to learn about and sign up for The 2nd Annual Barefoot Classic and next year's Bandon Spring Jamboree
In hour two of this Friday edition of The Morning Shift, Tiffany, Mike, and Robb Tribble, filling in for Beau Morgan, talk about if they believe Saudi Arabia's Public Investment Fund could come to College Football, and what it would mean if it does get involved in College Football. Next, to continue hour two of this Friday edition of The Morning Shift, Tiffany, Mike, and Robb Tribble, filling in for Beau Morgan, discuss all the biggest NFL stories, headlines, rumors, reports, and happenings as they go In The Huddle! On this edition of In The Huddle, Mike, Tiffany, and Rob react to Jacksonville Jaguars Offensive Tackle, Cam Robinson getting suspended for violating the league's PED policy, the Colts waiving defensive end Rashod Berry and cornerback Isaiah Rodgers Sr. after being suspended for at least a year for violating the league's gambling policy, Titans Offensive Tackle Nicholas Petit-Frere being suspended for six games for also violating the league's gambling policy, Colin Kapernick saying he still wants to play in the NFL, and JJ Watt announcing he's going to CBS Sports! Finally, The Morning Shift closes out this Friday edition of The Morning Shift, by playing Fair or Foul on Mike'd Up!
A surprise deal between golf's two main tours and Saudi Arabia's Public Investment Fund sent shockwaves through the world of men's professional golf at the start of June. It came as increasing numbers of players move to Saudi Arabia's football league, including Cristiano Ronaldo, Karim Benzema and N'Golo Kante. In recent years, Saudi Arabia has become a more visual presence on the sporting scene, hosting Formula 1 races and high-profile world title boxing bouts. The controversial purchase of Newcastle United was further evidence of a growing interest in using sport to project Saudi Arabia to a wider audience. But human rights campaigners say Saudi Arabia is trying to sports-wash its poor human rights record. On the Real Story this week, we examine the reasons behind Saudi Arabia's increasingly prominent presence on the international sporting scene. How does it link to the domestic and geopolitical ambitions of Crown Prince Mohammed bin Salman? And what impact could it have on international sport going forward? Shaun Ley is joined by: Dina Esfandiary, advisor to Crisis Group's Middle East and North Africa Program on research, analysis, policy prescription and advocacy. Matt Slater, a senior football news reporter with the sports website and podcast, The Athletic. Aziz Alghashian, a Saudi foreign policy analyst and a fellow at the Sectarianism, Proxies and De-Sectarianisation project at Lancaster University. Also featuring: Dan Roan, BBC sports editor. Lina al-Hathloul, Saudi activist and head of monitoring and communications for ALQST, a non-profit organization promoting human rights in Saudi Arabia. (Photo: Al-Ittihad officially present Karim Benzema as their new player, Jeddah, Saudi Arabia - 08 Jun 2023. Credit: EPA)
PGA Tour's Nonprofit Status Complicated By LIV Merger Concerns have been raised regarding the future of the nonprofit PGA Tour following its proposed merger with for-profit LIV Golf, supported by Saudi Arabia's Public Investment Fund, as reported by The Nonprofit Times and The Washington Post. Despite its intentions to maintain its nonprofit status, this proposed merger has led to an inquiry from the U.S. Senate into potential indirect benefits for a foreign government from U.S. tax provisions designed for nonprofits. H.R. 3908, or the No Corporate Tax Exemption for Professional Sports Act, was introduced by Rep. John Garamendi (D-California) to exclude such organizations from tax-exempt status in the future, as reported by The Nonprofit Times. The PGA Tour, a 501(c)(6) organization, primarily serves its member's benefits, generating a revenue of $1.6 billion in 2021 against liabilities of $3.3 billion, with a notable share going toward player payouts and charity. The proposed merger aims to "unify the game of golf" globally by creating a new commercial entity encompassing the golf-related businesses of both the PGA Tour and the PIF, including LIV. However, the precise impact on the nonprofit's operations remains uncertain, particularly given the substantial investment promised by the PIF, even though the PGA Tour is set to appoint the majority of the new entity's board, with its current commissioner, Jay Monahan, expected to become the CEO. Overarching concerns about the merger raise serious questions about the susceptibility of American and other international sports leagues to sport-swashing efforts by countries with poor human rights records. Summary Shootings on Juneteenth weekend leave at least 12 dead, more than 100 injured | cbsnews.com IRS Chief Counsel Memorandum Places Nonprofit NIL Collectives at risk...| Lexology DOE Sets Aside $45 Million in Grants For Nonprofit Building Energy ... |The NonProfit Times
PGA Tour's Nonprofit Status Complicated By LIV Merger Concerns have been raised regarding the future of the nonprofit PGA Tour following its proposed merger with for-profit LIV Golf, supported by Saudi Arabia's Public Investment Fund, as reported by The Nonprofit Times and The Washington Post. Despite its intentions to maintain its nonprofit status, this proposed merger has led to an inquiry from the U.S. Senate into potential indirect benefits for a foreign government from U.S. tax provisions designed for nonprofits. H.R. 3908, or the No Corporate Tax Exemption for Professional Sports Act, was introduced by Rep. John Garamendi (D-California) to exclude such organizations from tax-exempt status in the future, as reported by The Nonprofit Times. The PGA Tour, a 501(c)(6) organization, primarily serves its member's benefits, generating a revenue of $1.6 billion in 2021 against liabilities of $3.3 billion, with a notable share going toward player payouts and charity. The proposed merger aims to "unify the game of golf" globally by creating a new commercial entity encompassing the golf-related businesses of both the PGA Tour and the PIF, including LIV. However, the precise impact on the nonprofit's operations remains uncertain, particularly given the substantial investment promised by the PIF, even though the PGA Tour is set to appoint the majority of the new entity's board, with its current commissioner, Jay Monahan, expected to become the CEO. Overarching concerns about the merger raise serious questions about the susceptibility of American and other international sports leagues to sport-swashing efforts by countries with poor human rights records. Summary Shootings on Juneteenth weekend leave at least 12 dead, more than 100 injured | cbsnews.com IRS Chief Counsel Memorandum Places Nonprofit NIL Collectives at risk...| Lexology DOE Sets Aside $45 Million in Grants For Nonprofit Building Energy ... |The NonProfit Times
The golfing world was upturned at the start of June, with the news that a deal had been struck between the PGA and the Saudi-funded LIV Golf. After months of warring words and a flurry of lawsuits the two sides agreed to come together and put hostiles aside. The deal will see a return of some of the biggest names in golf and also see a huge investment into the game by Saudi Arabia's Public Investment Fund.Like the initial creation of LIV Golf, this investment has created controversy and prompted claims of sportswashing. The PGA has been accused of ignoring the appalling human rights abuses of the Saudi regime and whitewashing the reputation of the like of Crown Prince Mohammed bin Salman. This week on The New Arab Voice, we look at the recent deal between the PGA and LIV Golf, the implications for human rights and sportswashing, the Saudi Public Investment Fund, and what the Gulf nation hopes to achieve with such spending. To talk about Saudi Arabia and human rights, we're joined by Joey Shea (@joey_shea), a Human Rights Watch (@hrw) researcher in the Middle East and North Africa Division investigating human rights abuses in Saudi Arabia and the United Arab Emirates. And to explain all about the Saudi PIF and what they hope to achieve, we speak with Imad K. Harb (@harb3imad), the Director of Research and Analysis at Arab Center Washington DC (@ArabCenterWDC)This podcast is written and produced by Hugo Goodridge. Theme music by Omar al-Fil. Other music by Blue Dot Sessions. To get in touch with the producers, follow then tweet us at @TheNewArabVoice. Hosted on Acast. See acast.com/privacy for more information.
Notorious Nice Guy and noted dawg Chris Derr is back to preview all-things 2023 US Open. Kyle and Chris briefly discuss the reported merger between the PGA Tour and Saudi Arabia's Public Investment Fund (1:31) before talking about the North Course at Los Angeles Country Club, their favorite pairings on Thursday and Friday, picks and more (16:24). Host: Kyle Surlow [suave golf instagram] Guest: Chris Derr [instagram] This episode of Nice Grass Nice People is proudly presented by Suave Golf
In the inaugural episode of The Chipping Forecast, leading commentator Andrew Cotter and fan favourite Eddie Pepperell are joined by one of the most distinctive voices in golf, Iain Carter, to talk about the creation of, as Andrew calls it, "yet another golf podcast". They discuss the various names on the table, how The Chipping Forecast came about and how Eddie is completely oblivious to Radio 4's The Shipping Forecast. Eddie recounts his return to form in the Scandinavian Open over the weekend, after his 10-shot horror on a par 3 the week before - he also shares exactly how bad that weekend got but also a brilliant putting tip too. Of course on also on the menu is the news that rocked the sporting world last week - Saudi Arabia's Public Investment Fund and LIV Golf controversially merging with the PGA Tour and the DP World Tour. And, as Iain is in California ahead of the US Open, the three preview the tournament, dissect the golf course in Los Angeles, discuss the runners and riders as well as look at the form of Rory McIlroy, could the Northern Irishman break his 9-year major drought? Learn more about your ad choices. Visit podcastchoices.com/adchoices
On June 7th, the Professional Golf Association announced a merger with a Saudi backed rival golf legue know as LIV Golf. Saudi Arabia's Public Investment Fund, which is controlled by Crown Prince Mohammad Bin Salman, backed this deal. The chairman of the Saudi Arabia's Public Investment Fund will serve as the chairman of this new yet-to-be named golf league. In other words, Saudi Arabia just bought the sport of Professional Golf. This move comes on the heels of other Saudi forays into professional sports, including the purchase of the Newcastle United Premier League soccer team in 2021. The Saudi purchase professional golf is a clear example of an attempt to rehabilitate its public image through sports, otherwise known as "sportswashing." Joining me to discuss this Saudi public diplomacy gambit is Alex Ward, National Security Reporter for Politico. We kick off discussing the lessons learned from Saudi Arabia's purchase of Newcastle United and then have a conversation about the PGA merger in the context of Saudi Arabia's politics and foreign policy. Get our free newsletter: https://globaldispatches.substack.com/
Some weeks are more hectic than others. On Tuesday, the PGA Tour announced that it intended to partner with Saudi Arabia's Public Investment Fund, the financial backer of LIV Golf, to create a new for-profit entity. If this agreement becomes a reality, the war between the Tour and LIV will come to an end, with the sides merging interests. This episode of The Fried Egg Podcast attempts to make sense of the whole mess. First, Andy runs through the basics of what happened and gives some initial takes. Then former PGA Tour player (and member of the player advisory council and policy board) Joe Ogilvie joins Andy (11:50) to discuss his thoughts on the deal, how the coming months and years might unfold, and where the Tour went wrong in the past. Later, Andy brings on Fried Egg contributor Joseph LaMagna (1:09:20) to talk about the future of LIV and how the dynamics between players might play out.
The PGA has blood on its hands after announcing a surprise merger with the controversial Saudi backed rival LIV golf. That's the verdict of an Otago University Professor specialising in the politics of sports washing. America's Professional Golfers' Association blacklisted players who defected to the league that is backed by Saudi Arabia's Public Investment Fund - an entity controlled by the state. A state that's guilty of serious human rights violations including the brutal assasination of a journalist by Saudi government agents. Just a year later the PGA is reported to have brokered the deal that blind sided players who found out via Twitter. Otago University School of PE Professor Steve Jackson told Lisa Owen it's sport washing to the extreme. [embed] https://players.brightcove.net/6093072280001/default_default/index.html?videoId=6328935704112
The Bill Kelly Show Podcast: It is understandable that most of the discussion of David Johnston's report on foreign interference has focused on his recommendation to not hold a public inquiry. Yet his conclusion that there are “serious shortcomings in the way intelligence is communicated and processed from security agencies through to government” deserves much more scrutiny. For Canadians, this finding – along with revelations that ministers sometimes do not have access to classified systems in their offices, that binders of intelligence may be going unread, and that, even when intelligence is addressed, policymakers may simply not understand what is being presented to them – should be alarming. So how can Canada's policymakers and security agencies work better together? GUEST: Stephanie Carvin, Associate Professor at the Norman Paterson School of International Affairs at Carleton University - Canadian troops in Latvia are grappling with a gear and equipment shortage that's starting to get embarrassing. GUEST: Christian Leuprecht, Professor at both the Royal Military College of Canada and Queen's University - The PGA Tour and Saudi Arabia's Public Investment Fund, which is the primary financial backer of LIV Golf, have announced a treaty and potential merger, ending two years of civil war in professional golf. GUEST: Joe Callaghan, Journalist for The Toronto Star and The Guardian
Bomani Jones and Slate's Joel Anderson discuss the ramifications of the agreement between the PGA Tour and Saudi Arabia's Public Investment Fund (4:02), whether or not Phil Mickelson's reputation will always be damaged (18:44), and Joel's new podcast about Supreme Court Justice Clarence Thomas (26:35). Learn more about your ad choices. Visit megaphone.fm/adchoices
Trending Middle East brings you the latest social media and search trends from the Middle East and around the world. On today's episode, Dr Sultan Al Jaber, the UAE's Cop28 President-designate, says getting global climate goals back on track means the summit in Dubai must rise to meet high expectations and overcome low levels of trust, especially in the countries hardest hit by climate change. US President Joe Biden's administration said it was “encouraged” after an Arab meeting in Jordan to discuss normalising ties with Syria, despite US opposition to bringing the country back into the fold. Saudi Arabia's Public Investment Fund aims to create 1.8 million jobs and increase its assets to 4 trillion Saudi riyals ($1 trillion) as the kingdom's sovereign wealth fund continues to increase investments to support the growth of the Saudi economy, the Arab world's largest. Emirates will deliver a strong set of annual financial results for its fiscal year that ended on March 31, as air travel demand, particularly in leisure, records strong growth, the airline's chief has said.
First up, Jason touches on Saudi Arabia's Public Investment Fund disclosing which VC firms it has made LP investments in (2:48), which leads to him pondering the human rights issues and if founders care where their money comes from (18:52). Jason caps off the show by breaking down the SEC's charges against Frank founder Charlie Javice for allegedly closing a $175M acquisition based on over 4M fake user accounts (30:18). (0:00) Jason kicks off today's show (2:48) Saudi Arabia discloses LP positions (8:24) MasterClass - Get 15% off an annual membership at https://masterclass.com/startups (9:52) Why is Saudi Arabia diversifying? (17:21) Miro - Sign up for a free account at https://miro.com/startups (18:52) Founders' thoughts on where their funding comes from (21:26) Jason's passion for human rights (29:01) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist (30:18) Frank founder charged with fraud (33:03) Be clear about your customers (34:35) Allegations against Charlie Javice (47:00) Lessons for founders (44:56) Ivy League convicts LINKS: Sanabil Investments LP Disclosure document https://www.sanabil.com/en/our-partners/ FOLLOW Jason: https://linktr.ee/calacanis Subscribe to our YouTube to watch all full episodes: https://www.youtube.com/channel/UCkkhmBWfS7pILYIk0izkc3A?sub_confirmation=1 FOUNDERS! Subscribe to the Founder University podcast: https://podcasts.apple.com/au/podcast/founder-university/id1648407190
LIV Golf, the upstart golf tour backed by Saudi Arabia's Public Investment Fund, will start its second season next week in Mexico. It's been an odd, somewhat rough offseason for Greg Norman's organization, with executives fleeing and no big-name player signings. To get a sense for what's going on in LIV-land, Garrett sits down with Adam Woodard (@AdamWoodard), who covers the league for Golfweek. Garrett and Adam talk about LIV's major successes and failures in 2022, its seeming loss of momentum in the past few months, and its prospects for 2023. They also discuss Adam's approach to and feelings about doing traditional, neutral-voiced reporting about a sports league associated with real-world ills.
Elon Musk's former chief of staff, Sam Teller, recently testified in the ongoing class-action lawsuit filed by Tesla shareholders. Teller provided insight into the series of meetings that took place between Musk and representatives from the Saudi Arabia's Public Investment Fund in 2018, leading up to Musk's infamous tweets about taking Tesla private. Teller also revealed details about the billionaire's work style, including his aversion to filtered information and grueling work schedule. The trial is set to be handed over to the jury on Friday, where they will determine if Musk's tweets were posted recklessly or not. Get an inside look at the latest developments in the Tesla trial and what they mean for the future of the electric automaker. #ElonMusk #TeslaTrial Learn more about your ad choices. Visit megaphone.fm/adchoices
TSC News TV host Fred Richani discusses conflicting reports regarding WWE being sold to Saudi Arabia's Public Investment Fund, Vince McMahon wanting to remain in power, Stephanie McMahon stepping down as CEO, and media responsibility regarding stories of this magnitude. ✅Subscribe for more wrestling content: http://www.youtube.com/TheSportsCourier
James Stewart is joined by Elia Markopoulos to talk about Vince McMahon's return and WWE selling to the Saudi Arabia's Public Investment Fund.
Not so fast!! TMZ reports WWE has not been sold to Saudi Arabia's Public Investment Fund ... this according to sources familiar with the situation.See omnystudio.com/listener for privacy information.
Rod and Jimmy recorded about an hour before the big news of a possible WWE sale to Saudi Arabia's Public Investment Fund...yeah, we know...but they still talk about Vince and Stephanie and the all the happenings in WWE. --- Support this podcast: https://anchor.fm/the-morgan-you-know-podcast/support
A Newsmax producer reaches out and wants Kirk to write out a pitch as to why he should be a guest on the network (00:30:00). Tony Massarotti still thinks Kirk's number is Linda Pizzuti Henry (00:20:00). Rumors circulate that the WWE has been sold to Saudi Arabia's Public Investment Fund (00:24:00). Jemele Hill makes a good point that the media is ignoring the Dana White situation (00:27:00). Bonjour Sports is still going and covering the hot issues of the day (00:43:00), calls & much more.You can find every episode of this show on Apple Podcasts, Spotify or YouTube. Prime Members can listen ad-free on Amazon Music. For more, visit barstool.link/kminshow
Bill Apter on WWE rumored buyout with Saudi Arabia's PIF | UnSKripted Recoeded Jan 11, 2023 In what could possibly be one of the biggest news stories in the history of WWE and pro wrestling as a whole, beloved wrestling media personality Bill Apter discusses the rumored buyout deal with Saudi Arabia's Public Investment Fund with Sportskeeda Wrestling's Dr. Chris Featherstone.
https://www.cnbc.com/2023/01/07/who-would-buy-wwe-as-mcmahon-returns-to-board-to-pursue-sale.html : "Here's who might be interested. Comcast (NBCUniversal) Fox Disney Warner Bros Discovery Netflix Amazon Endeavor Group Holdings Liberty Media There are other companies looking to place bids for a sale. In fact, Saudi Arabia's Public Investment Fund is emerging as a possible bidder for WWE if it decides to sale, according to Front Office Sports." #WWE #WrestlingNews #VinceMcMahon #Comcast #Amazon #Netflix #EndeavorGroupHoldings #warnerbrosdiscovery #DISNEY #Fox #LibertyMedia --- Support this podcast: https://anchor.fm/bwrosas/support
Episode 59! Merry Christmas and happy holidays to our subscribers and listeners who celebrate. The 966 hosts kick off the second annual "Christmas spectacular" with a discussion of green hydrogen and news that Germany may be on of Saudi Arabia's first big customers, and a discussion of Saudi Arabia as a $1 trillion (!) economy. Then the hosts welcome Todd Albert Nims, a key player in the Kingdom's blossoming film and entertainment scene and co-producer of the film 'Born a King.' Then, the hosts finish up with Yallah! 6 top storylines in Saudi Arabia this week to cap off an excellent first year. The 966 thanks all who listen and watch our program - a growing number of you - and are appreciative of the support and all comments we receive.The hosts discuss Richard's one big thing: Saudi Arabia as a $1 Trillion economy, a development which has been years in the making but was pushed forward in part by Russia's war in Ukraine. Saudi Arabia's economy is growing at an impressive clip, and will be the fastest growing economy in the G20 in 2022.Lucien's one big thing is green hydrogen. Saudi Arabia saw traction in two ways this week, first, in a potentially large buyer in Germany, and second, in the agreement to secure financing for the work to produce ammonia for export at Neom. Air Products, along with Neom and ACWA Power, entered into a deal in July 2020 to produce ammonia at Neom for export. The three companies are betting big that Europe would be one of the largest importers of green ammonia. The three industrial heavyweights created the Neom Green Hydrogen Company (NGHC), NEOM's NGHC announced yesterday that it had inked facility agreements with local, regional, and international banks and Saudi Arabia's SIDF to finance the construction of the plant.The 966 welcomes Todd Albert Nims. Mr. Nims, born in Saudi Arabia, is a leader in the Kingdom's film industry. He co-produced the major feature film Born a King, shot in London and Saudi Arabia which broke box office records for the Gulf. He held the Film Producer position at the Kingdom of Saudi Arabia's state-of-the-art hub for inspiring creativity and global culture, Ithra, for six years where he established the Kingdom's first cinema and assisted in launching the first Saudi Film Days (saudifilmdays.com) program to provide funding and development to Saudi filmmakers while screening their films in Hollywood. Mr. Nims owns an entertainment company based in Riyadh with several scripts and projects in development and a creative consultancy business based in the USA. He also sits as chairman of the Arts, Culture & Entertainment Committee for the American Chamber of Commerce in KSA.Yallah! 6 Top Storylines this week...Per Bloomberg: Saudi Arabia's gross domestic product expanded an annual 8.8% in the third quarter, keeping the oil-rich kingdom on track to be the fastest-growing among the Group of 20 economies this year. The final figure was slightly higher than a preliminary estimate of 8.6% due to further expansion in the non-oil economy, data from the General Authority for Statistics showed Sunday. All sectors displayed positive annual growth.Saudi Arabia has previously said it anticipates full-year economic growth of 8.5%, as well as its first budget surplus in nearly a decade.*** According to Reuters, Saudi Arabian Oil Company (Aramco) and TotalEnergies will join forces to build a new petrochemicals complex in Saudi Arabia, the French energy group said on Thursday. The project involves investment of about $11 billion, of which $4 billion will be funded through equity by Aramco (62.5%) and TotalEnergies (37.5%), the statement said. — Per CNBC, Electric vehicle maker Lucid Group said Monday that it has completed a planned $1.5 billion equity offering. The company first announced the offering in November, when it reported its third-quarter results. Lucid raised the majority of that cash, about $915 million, via a private sale of nearly 86 million shares to an affiliate of its largest investor, Saudi Arabia's Public Investment Fund. The remaining $600 million was raised via a traditional secondary stock offering, in which Lucid sold an additional 56 million shares.— Saudi's Water and Electricity Holding Company (Badeel) and energy company ACWA Power have signed power purchase agreements to develop the largest solar energy plant in the Middle East, Reuters reports. The 2,060 megawatt solar facility will be built in Al-Shuaibah, in the Makkah province, and is expected to become operational by the fourth quarter of 2025. —- According to a report in MEMO, Saudi Arabia plans 2km high 'megascraper' – Saudi Arabia is planning to build a 2,000 metre high tower in the capital Riyadh. If the plans go ahead, it will be the tallest building in the world, eclipsing the UAE's Burj Khalifa in Dubai which stands at 828 metres high. The estimated cost is around $5 billion according to a report by Middle East business intelligence (MEED). A design competition is currently underway with a participation fee of $1 million, the report said, citing sources close to the contest who also disclosed that several of the world's leading architecture firms have already been invited to take part. --- Eurofruit reports that “Indonesia is the main focus of the latest marketing drive for Saudi dates, along with Morocco, France, the UK and the US, as the Kingdom aims to be the first choice for date consumers globally.” According to Abdullah Al-Yahya, marketing department manager at the National Centre for Palms and Dates (NCPD), Saudi Arabia alone produces more than 400 kinds of dates. “There are more than 400 kinds of dates in Saudi Arabia, but we are focusing on a dozen or so. We are trying to educate people on the different kinds available, how tasty, how juicy, how healthy they are. We are focusing on organic dates as a super fruit and a healthy fruit.”Happy new year!
It's back to school! DYRK is dedicating a special week to sport. Because moving and doing regular physical activity is important for our physical and mental health! Listen again to our episodes about sport! Look out Premier League clubs, a new big boy is in town! That's right, following approval of their acquisition by Saudi Arabia's Public Investment Fund, Newcastle United has all of a sudden become one of the richest clubs in the world! While the Toon Army are celebrating their club's new found wealth and dreaming of trophies to come in the future, other observers aren't in such a buoyant mood. They've accused the new owners, who effectively represent the state of Saudi Arabia, of sportswashing. Have the new owners actually done anything wrong? How common are we talking then? Why would sports clubs or athletes want to risk tarnishing their image with such links? In under 3 minutes, we answer your questions ! To listen to the latest episodes, click here: What is tagskryt, the Scandinavian sustainable travel trend? Is it time the UK acknowledged its role in the slave trade? Why do we sneeze? A podcast written and realised by Joseph Chance In partnership with upday UK. Learn more about your ad choices. Visit megaphone.fm/adchoices
On the Middle East with Andrew Parasiliti, an Al-Monitor Podcast
Adam Lucente, Al-Monitor correspondent, discusses the background, controversy and prospects for LIV Golf, the professional tour backed by Saudi Arabia's Public Investment Fund.Golf commentator who criticized Saudi-backed LIV Golf sued for defamation - Al-Monitor: Independent, trusted coverage of the Middle EastSaudi Public Investment Fund acquires shares in Amazon, Google, Uber - Al-Monitor: Independent, trusted coverage of the Middle East9/11 victims protest Saudi-funded LIV Golf event at Trump course - Al-Monitor: Independent, trusted coverage of the Middle EastSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Few people have been in esports since close to the beginning. James Bardolph, a professional 'Counter-Strike: Global Offensive' and 'Apex Legends' commentator, is one of them. He joins Visionaries to discuss the financial woes of the competitive game industry and not when, but if, it will recover in a post-COVID world. "We're in a transitional period, that much is clear. We still have serious problems out there. It's hurt, but maybe next year we can measure the damage COVID's done. That's not just true for esports, but for everything." Show Notes: @jamesbardolph 1:24: How James got his start in esports. 10:14: When it became clear esports would take off commercially. 14:38: How investments from Rick Fox, Sacramento Kings owners and others made esports mature. 20:42: ELEAGUE and Turner's impact on 'Counter-Strike' tournaments and broadcasts 26:37: Did esports get ahead of itself with salaries and spending? 34:34: Is esports in a downturn? 40:23: The pandemic excitement around esports. 46:28: Esports' need to change how it tells stories. 53:00: Saudi Arabia's Public Investment Fund's acquisition of FACEIT and ESL. 57:50: Where can esports fashion improve? Note: This interview was edited down from its original runtime for brevity purposes. Go to https://betterhelp.com/visionaries for 10% off your first month of therapy with BetterHelp and get matched with a therapist who will listen and help. #sponsored Learn more about your ad choices. Visit megaphone.fm/adchoices
Tiger Woods just turned down nearly one billion dollars from the LIV Golf Invitational Series, which is being financed by Saudi Arabia's Public Investment Fund. Would you take that kind of money?
1:50 - The Saudi Ministry of Hajj announced all potential pilgrims from the West must apply through ‘Motawif' platform. Richard's One Big Thing is this new disruptive portal became the only place to buy accredited Hajj packages across 57 western countries.8:15 - OPEC+ has delayed a big decision on oil production quotas, but just how much spare capacity does the group and Saudi Arabia in particular have left? Lucien's One Big Thing is the Saudi-led OPEC+ group of oil producers, which includes Russia, said on Thursday it would stick to its planned oil output hikes in August, basically delaying the decision on future output increases. But is there enough left to make a difference? A new analysis from Javier Blas sheds light on why we don't know this for sure yet…15:35 - The 966 speaks with Raghad Fathaddin, communications analyst for PepsiCo based in Riyadh, an entrepreneur and founder of Sangha "Estidama Hub", a Y20 delegate and also a WIn fellow. Raghad is a graduate of the University of Southampton for undergrad and holds a master's degree in public policy from King's College London, and talks with The 966 about her journey and professional experiences working with the Y20, PepsiCo, and much more.1:07:04 - Yallah! Six top storylines to get you up to date headed into the weekend…Saudi EXIM Bank offered over 50% of its $450m loans to SMEs in 2021The Saudi Export-Import Bank, also known as Saudi EXIM, approved loans worth $450 million in 2021, with 51 percent of the total financing given to small and medium enterprises, according to the bank's CEO, Saad Alkhalb. The bank also reported a total revenue of $10.52 million in 2021. Citing its annual report, Argaam reported that this financing helped Saudi products reach more than 50 countries including India, Germany, China, the US, Indonesia, etc.Saudi Arabia ends embargo on Turkish exports after MBS visitSaudi Arabia has lifted its unofficial embargo against Turkish exports, Dr. Majed Al-Qassabi told a group of Turkish and Saudi businessmen in Ankara. Saudi Arabia has been imposing a silent embargo on Turkish goods since 2018, As a result, Turkish exports saw a sharp drop of nearly 92 percent up to 2021. Nail Olpak, the chairman of the Foreign Economic Relations Board of Turkey, said at the event on Thursday that they were aiming to increase the bilateral trade to $10bn next year, from $4bn in 2020.Dakar Rally returns to Saudi Arabia for 2023 with a longer routeThe Dakar Rally returns to Saudi Arabia for 2023 with a longer course, according to Time Out Riyadh. The 45th edition of the rally will be the fourth one to take place in Saudi Arabia. The Dakar Rally 2023 will start on Saturday December 31. 2022 and run until Sunday January 15, 2023. The rally will follow a new route that drivers will complete in 14 stages.McLaren Racing has announced a long-term partnership in its electric division with Neom, the city project funded by Saudi Arabia's Public Investment Fund.McLaren will make its debut in Formula E later this year after announcing in May that it had purchased Mercedes' entry, having previously announced plans to race in Extreme E from 2022. McLaren's teams will be known as NEOM McLaren Formula E Team and NEOM McLaren Extreme E, as well as operating under the combined banner of NEOM McLaren Electric Racing.Saudi refining capacity rises 14% in 2021Saudi Arabia's refining capacity rose 13.7% in 2021, one of the biggest increases among its peers, as the world's largest exporter for crude continues to expand its downstream capabilities, according to the latest OPEC Annual Statistical Bulletin. The OPEC+ kingpin added 400,000 b/d of refining capacity in 2021, raising its overall capacity to refine crude to 3.327 million b/d. The increase was largely due to the addition of the 400,000 b/d Jizan refinery in the country's Red Sea-facing western coast.Saudi Arabia's population has decreased by at least 2.6 per centSaudi Arabia's population has decreased by at least 2.6 per cent over the past two years, due to the significant amount of expatriate workers who left the Kingdom throughout the Covid-19 pandemic.In a report published today by the Kingdom's General Authority for Statistics (GASTAT), it stated that the country's population in the middle of last year was 34.1 million, down from 35 million in the middle of 2020.
The PGA has for many, many years now had a single-handed stronghold on the sport of golf. So much so that you forget that there even exist tournaments and associations that host golf tournaments, outside of the PGA. But this year, there's a new challenger - LIV! What does it have to do with Phil Mickelson?!?!? Well, listen in to this week's episode to uncover the controversy surrounding Phil Mickelson and his statements around LIV. We also dive into the negative press associated with the owners of the tour (Saudi Arabia's Public Investment Fund, which also owns 80% of Newcastle United F.C.). Is this another case of sports washing? What are the differences in format and structure, versus the PGA? Is this just a money grab for players, or is there genuine intent to change the format of golf tournaments? This, and more, on this week's episode... #livgolf #liv #mickelson #gregnorman #tigerwoods #theopen #mcllroy #saudiarabia #masters #rorymcllroy -- Leave your comments on thoughts and suggestions for upcoming episodes. Like, Share, Subscribe/Follow our page for episodes every week! --- Support this podcast: https://anchor.fm/allaboutsports-thepodcast/support
The Bill Kelly Show Podcast: Ontario Premier Doug Ford has begun the process of selecting his new inner circle of cabinet ministers as his government prepares to potentially recall the legislature for a brief summer sitting in order to pass the 2022-23 provincial budget. Insiders with the Progressive Conservative party have been given a 10-day timeline for Ford's team to select a new cabinet before the Premier's Executive Council is sworn in by Ontario Lt. Gov. Elizabeth Dowdswell. GUEST: Muhammad Ali, Senior Consultant for Crestview Strategies - Heather Scoffield joins us to discuss her latest op-ed in the Toronto start titled: “Justin Trudeau's progressive values are great, but they won't help guarantee economic prosperity on their own.” Read the full article HERE. GUEST: Heather Scoffield, Ottawa Bureau Chief for The Toronto Star - Two more major champions are reportedly defecting from the PGA Tour to the new LIV Golf Invitational Series. They might not be the last high-profile golfers to join the breakaway circuit being fronted by two-time Open Championship winner Greg Norman and financed by Saudi Arabia's Public Investment Fund. What do we know so far about LIV Golf? GUEST: Greg Brady, Host of Toronto Today 5:30-9am on AM 640 Toronto See omnystudio.com/listener for privacy information.
What is sportswashing? Look out Premier League clubs, a new big boy is in town! That's right, following approval of their acquisition by Saudi Arabia's Public Investment Fund, Newcastle United has all of a sudden become one of the richest clubs in the world! While the Toon Army are celebrating their club's new found wealth and dreaming of trophies to come in the future, other observers aren't in such a buoyant mood. They've accused the new owners, who effectively represent the state of Saudi Arabia, of sportswashing. Have the new owners actually done anything wrong? How common are we talking then? Why would sports clubs or athletes want to risk tarnishing their image with such links? In under 3 minutes, we answer your questions! To listen to the last episodes, you can click here: What is Extinction Rebellion ? What is Dawson's Creek? What is fluxus? A podcast written and realised by Joseph Chance. Learn more about your ad choices. Visit megaphone.fm/adchoices
The 8BA Podcast is a casual talk show where we discuss geeky pop culture and relay some of our favorite news of the past week. QUICKFIRE NEWS Blizzard. Activision Blizzard stumbles once again with another union-busting email sent to staff, as well as its weird “diversity game tool” that assigns diversity/culture points based on character traits. Kingdom Hearts. Patch 1.03 for the Switch Cloud Version was released, introducing a performance/graphics priority toggle, as well as popups letting you know if server congestion may adversely affect your experience. She-Hulk: Attorney At Law. Trailer released for upcoming Marvel series on Disney+, starring Tatiana Maslany. Nintendo. Saudi Arabia's Public Investment Fund has acquired a 5.01% stake in Nintendo. The PIF is an investment initiative presumed to be part of a propaganda campaign to whitewash Saudi Arabia's poor human rights record. Reggie Fils-Aime. Former NoA president claims he is shocked at the workplace reports coming from NoA and that it's “not the Nintendo he left behind,” despite many of them being from when he was in charge. DEEP DIVE Doctor Strange and the Multiverse of Madness Review QUEST LOG Last Week: Color Chapter 1 comics, Catalog 2 Decks worth of cards This Week: Play Triangle Strategy, Paginate Chapter 1 LINKS Website: https://8-bitadventures.com Patreon: https://patreon.com/8bitAdventures Merch: https://shop.8-bitadventures.com Join the Discord: https://discord.gg/FAPKjjQ “1-UP” is by Professor Shyguy. You can find his work at https://professorshyguy.bandcamp.com
This episode can be viewed on YouTube at https://youtu.be/6lzu4fKB3k4 --- 0:00 - Intro and rundown 4:12 - ArcRevo America - USA West Qualifier 8:40 - Tourney entry fees: Is $10 too low? 37:25 - CEO 2022 game lineup announced 50:10 - Microsoft acquires Activision Blizzard for $69 billion 58:41 - Sony acquires Bungie for $3.6 billion 1:09:38 - Saudi Arabia's Public Investment Fund acquires 5% stakes in Capcom & other gaming companies 1:20:40 - Ilan shares his thoughts on Baiken 1:22:20 - KOF XV launches this week; review copies in the wild 1:28:22 - Shredder released for Nickelodeon All-Star Brawl
FTW with Imad Khan: An Esports And Competitive Gaming Podcast
Last month, Savvy Gaming Group purchased both ESL and FACEIT Group in a massive $1.5 billion dollar deal. Savvy is fully backed by Saudi Arabia's Public Investment Fund and is essentially the esports and gaming arm of its larger sports acquisition and marketing efforts. The Saudi Arabian government has a poor human rights record, including a number of vast restrictions to women, and anti-LGBTQ+ laws. Over the past years, the country has been trying to change its public image around the world by sponsoring, via the PIF, sports events such as Formula One and buying soccer clubs, a strategy that has been branded sportswashing. ESL Gaming, which also comprises Dreamhack, reportedly made up to $1 billion of the deal. This week, Henrique (filling in for Imad) is joined by Leonardo Biazzi, a longtime CS:GO reporter and staff writer at Dot Esports who has been following Saudi Arabia's "sportswashing" initiatives closely.
1:20 - Women's soccer in Saudi Arabia takes a big leap forward.Saudi soccer officials said they will launch the first edition of a women's league. The new women's league will be playing in two phases within the regional league, and sixteen teams will take part in the first phase with games played in three cities — the capital Riyadh, Jeddah and Dammam. Saudi officials also announced the hiring of Monika Staab to lead the Saudi Arabian national women's team.7:30 - SOUNDSTORM, a massive EDM festival in Saudi Arabia, features some of the world's best DJs. SOUNDSTORM is a music festival that is taking place in Saudi Arabia - the second installment after the first in 2019 (and a break in 2020 during the pandemic). It is being billed as the region's biggest and loudest music festival. SOUNDSTORM will take place in Riyadh from December 16 to 19, and will feature a world-class international music lineup, including more than 150 global superstar headliners and international dance acts, as well as local and regional talent. International artists Armin Van Buuren, David Guetta, Deadmau5, DJ Snake, Eric Prydz, Steve Aoki, are among those slated to perform. Saudi Arabia's MDLBeast, the organizing company, said that the festival will include at least 6 female DJs. 14:08 - President Biden's decision to tap the Strategic Petroleum Reserve, and what this means for oil.President Biden will release 50 million barrels of oil from the SPR, of which 32 million will be an exchange of oil that will be returned in the years ahead, and 18 million will be the acceleration of a sale of oil previously authorized by Congress. Pump prices in the U.S. are up 61% from a year ago, with regular unleaded selling last week at a national average price of $3.40 a gallon, according to Energy Department data. The SPR is a complex of four sites with deep underground storage caverns created in salt domes along the Texas and Louisiana Gulf Coasts which can hold 714 million barrels. The SPR's very existence is tied to Saudi Arabia, having been set up 40 years ago in response to the Arab Oil crisis of 1973. 27:58 - Saudi Arabia's Covid 19 response - the envy of the world?Saudi Arabia has had fewer than 100 new daily cases of Covid since mid-September. The Kingdom has all but beaten the pandemic, and has taken bold, progressive actions that have put their economy in an advantageous position for a major comeback in the months to come. As of today 70% of Saudi Arabia has had at least one vaccine. 42:25 - Why "sportswashing" fails to tell the whole story of Saudi Arabia's sports ambitions.Sportswashing is when a country or corporation uses international sport to improve its reputation. Usually this is done through hosting a sporting event, the purchase or sponsorship of sporting teams, or by participation in the sport itself. A report out earlier this year said that Saudi Arabia spent $1.5 billion on high-profile international sports and sporting events, and that report was published before the purchase of Newcastle United by Saudi Arabia's Public Investment Fund. The hosts discuss why this term doesn't come close to telling the whole story of Saudi Arabia's sporting ambitions, and argue that what the Kingdom is doing is not "sportswashing," but instead attempting to develop sports at home while making savvy investments into sporting properties around the world. ***
What is sportswashing? Thanks for asking! Look out Premier League clubs, a new big boy is in town! That's right, following approval of their acquisition by Saudi Arabia's Public Investment Fund, Newcastle United has all of a sudden become one of the richest clubs in the world!While the Toon Army are celebrating their club's new found wealth and dreaming of trophies to come in the future, other observers aren't in such a buoyant mood. They've accused the new owners, who effectively represent the state of Saudi Arabia, of sportswashing.Have the new owners actually done anything wrong? How common are we talking then? Why would sports clubs or athletes want to risk tarnishing their image with such links? In under 3 minutes, we answer your questions!To listen to the last episodes, you can click here:What is Polexit?What is Generation Alpha?Who is Harlan Coben?A podcast written and realised by Joseph Chance. See acast.com/privacy for privacy and opt-out information.
After a consortium led by Saudi Arabia's Public Investment Fund purchased Newcastle United last week, Dave chats to Chief Football Writer with The Independent in the UK, Miguel Delaney about why this sale is causing such controversy and other takeovers that have been labelled as 'sportswashing'!
Last week, Saudi Arabia's Public Investment Fund took a controlling stake of Newcastle United for £300m. It's the most controversial Premier League takeover to date. But who's pulling all the strings? See acast.com/privacy for privacy and opt-out information.
Last week, Saudi Arabia's Public Investment Fund took a controlling stake of Newcastle United for £300m. It's the most controversial Premier League takeover to date. But who's pulling all the strings? See acast.com/privacy for privacy and opt-out information.
Mike Ashley's reign at Newcastle United is finally over, but the new owners are shrouded in controversy. What does the investment from Saudi Arabia's Public Investment Fund mean for the club? Joining us to answer these very questions is sports presenter, journalist and just an all round nice guy, Joe Morrison! This is Joe's second appearance on the podcast and we were absolutely thrilled to have him on. What follows is a candid chat about all things Newcastle, that could have gone for hours more to be fair. We had to squeeze in a bit of Randi Rona! Not to worry, we'll bring Joe back on soon! Follow us on Instagram and Twitter @cornerflagpod Visit us at www.thecornerflag.in and hit that donate button! Subscribe to us on Apple Podcasts, Spotify or wherever you get your podcasts and don't forget to give us a 5 star review!
Taylor Payne hosts our podcast reaction to a whirlwind 48 hours for Newcastle United with The Athletic's Chris Waugh and George Caulkin. Mike Ashley's ownership of the club came to an abrupt end, seemingly out of the blue, and we're still processing the news. The sense of relief is strong but some fans will feel conflicted by money coming into the club from Saudi Arabia's Public Investment Fund. The consortium fronted by Amanda Staveley and Mehrdad Ghodoussi must now help the team avoid relegation from the Premier League before their ambitious plans can begin. Learn more about your ad choices. Visit megaphone.fm/adchoices
For some time now, experts have held that the phenomenon of shareholder activism is in a nascent stage in India. But there can still be no doubt that cases of shareholder activism are on the rise in the country. Meanwhile, proxy advisory firms continue to raise red flags when they feel that something is amiss. This year itself, there have been a number of instances where shareholders have challenged promoters and management. Let's examine how this rising tide has impacted India Inc. Towards the end of September this year, Pune-based Kinetic Engineering Ltd's shareholders rejected the company's proposal to increase Managing Director Ajinkya A Firodia's remuneration. Earlier, in September, Ekta Kapoor and Sobha Kapoor, who are part of Balaji Telefilms' promoter group, faced shareholder ire and failed to obtain the necessary votes on resolutions proposing pay increase for them. In August of 2021, shareholders voted down Siddhartha Lal's reappointment as Eicher Motors Ltd's managing director. It was reported that the shareholders were against a proposal to hike Lal's salary by 10 per cent as it outpaced the revenue and profit growth clocked by the firm last year amid the Covid pandemic. Recently, Eicher Motors again sought shareholders' nod on Siddhartha Lal's remuneration. In the past few months, shareholders have overwhelmingly voted against the remuneration proposals for the chairmen of Balkrishna Industries Ltd, Hero MotoCorp Ltd, and Bajaj Auto Ltd. Clearly, shareholders are not taking kindly to proposals for upping the remuneration takeaways of top executives under the current circumstances. But, that's not the only angle of attack amid the rising tide of shareholder activism. Consider the Zee case, for instance. On 11th September, Invesco Developing Markets Fund and OFI Global China Fund had asked the Zee Entertainment Enterprises board to convene an EGM to induct six of their nominees. In the same letter, Invesco had also proposed the removal of CEO and MD Punit Goenka and two other directors from the board in the EGM. The two other directors in question were Manish Chokhani and Ashok Kurien. Subsequently, Chokhani and Kurien resigned. Invesco recently took the matter to the NCLT. As a result, on 30th September, the NCLT directed the Zee board to consider Invesco's requisition for an EGM. Even one of the biggest names in India Inc has been a target of shareholder activism. Yasir Al-Rumayyan, the chairman of Saudi oil producer Aramco and the governor of that country's sovereign wealth fund, was appointed an independent director on the board of Reliance Industries on 19th July. The appointment has now come up for shareholder vote and the voting process will end on 19th October. Based on the recommendations of proxy advisory company Glass Lewis, the California State Teachers Retirement System has decided to vote against Al-Rumayyan's appointment. According to the proxy advisory firm, since Al-Rumayyan has a key role in the operations of Saudi Arabia's Public Investment Fund and Aramco, he does not qualify to be an independent director. PIF has already invested Rs 9,555 crore in Reliance Retail and Rs 11,367 crore in RIL's Jio Platforms. Meanwhile, Aramco and RIL have been in talks for another equity deal that involves 20 per cent of Reliance's oil-to-chemical business. Meanwhile, the Florida State Board of Administration is also against the appointment. Only time will tell how things will play out in some of these evolving cases. However, whatever the end result, one clear fact emerges when you consider all the cases we have spoken about today. Clearly, if India Inc wants to keep itself free from such tussles, it needs to prepare itself for a more transparent future with higher corporate governance standards.
Read a transcript of this episode on FT.comhttps://www.ft.com/content/a3b42914-2e0e-4246-bc45-1ea9b19b690bThe Federal Reserve has given its strongest signal yet that it will start tapering its bond buying stimulus programme this year and more central bank officials see a first interest rate rise in 2022; Japan's SoftBank has followed Saudi Arabia's Public Investment Fund and Abu Dhabi's Mubadala in backing a new $2.5bn private equity fund set up by former US Treasury secretary Steven Mnuchin just eight months after he left office; and the FT's James Kynge explains that the unravelling of China's Evergrande property developer shows deep flaws in the country's growth strategy. More Fed officials see first interest rate rise in 2022https://www.ft.com/content/719c11ec-fb24-40b3-a661-518aa3bc6028SoftBank backs Steven Mnuchin's $2.5bn private equity fund https://www.ft.com/content/24da1d88-8e63-4868-849f-3e3ecff1c39aValued at $41bn in 2020, the spectacular unravelling of the Chinese property group Evergrande exposes deep flaws in Beijing's growth strategyhttps://www.ft.com/content/ea1b79bf-cbe3-41d9-91da-0a1ba692309fRachman Review: Biden and the world https://www.ft.com/rachman-reviewThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show's editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show's theme song is by Metaphor Music. The FT's global head of audio is Cheryl Brumley. See acast.com/privacy for privacy and opt-out information.
Show #1157. If you get any value from this podcast please consider supporting my work on Patreon. Plus all Patreon supporters get their own unique ad-free podcast feed. Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Tuesday 27thJuly. It's Martyn Lee here and I go through every EV story so you don't have to. Thank you to MYEV.com for helping make this show, they've built the first marketplace specifically for Electric Vehicles. It's a totally free marketplace that simplifies the buying and selling process, and help you learn about EVs along the way too. LUCID GOES PUBLIC - Shares of luxury electric vehicle start-up Lucid Motors rose nearly 10% on Monday following their Nasdaq debut as the race to populate the world's roads and highways with electric vehicles continues to heat up. - The startup received about $4.4 billion in cash from the transaction, after expenses, according to reports. Saudi Arabia's Public Investment Fund has invested more than $1 billion in Lucid. It will own about 60% of the company. The reverse-merger deal, which faced last-minute challenges being approved due to difficulties communicating to retail investors holding the stock to vote, values Lucid at around $24 billion. - The Lucid Air has a price tag of around $70,000 after tax credits, while the Air Dream Edition will cost $162,000. The EV features an autonomous driving system with 32 sensors including long-distance Lidar Original Source: https://www.msn.com/en-us/money/companies/lucid-motors-set-to-debut-with-valuation-of-around-24-billion/ar-AAMzfuL PLUGIN VEHICLES HIT 19% MARKET SHARE IN EUROPE IN JUNE - The European passenger plugin vehicle market continues in the fast lane, having gotten over 237,000 registrations in June and over a million registrations YTD - Last month's plugin vehicle share of the overall auto market was 19% (10% full electrics/BEVs), which pulled the 2021 plugin vehicle (PEV) share to 16% (7.6% for BEVs alone). - #1 Tesla Model 3 — The sports sedan had another peak month, scoring 26,178 deliveries in June, its best performance ever in Europe and the second best performance ever by an EV in this market, only behind the 28,110 units of the ID.3 that Volkswagen registered (or, should I say, pre-registered) last December. - #2 Renault Zoe — Its 8,244 deliveries in June show that the French hatchback is recovering its good form. This is its best score this year. - #3 Volkswagen ID.3 — The German hatchback is slowly returning to form as well, getting 7,101 deliveries last month, its best score in 2021. - #4 Volkswagen ID.4 — Sitting on the vortex of the current hottest trends (plugins and compact crossovers), much is expected from the new Volkswagen, especially considering that its ID.3 sibling is yet to fill the Volkswagen Golf's admittedly big shoes. … In June, the Volkswagen crossover had 6,619 registrations. - Still outside the top 20, a mention is due for the first full month of two important models, with the Hyundai Ioniq 5 retro-futuristic XXL hatchback scoring 1,102 registrations, while the attractive Audi Q4 e-tron had 1,869 registrations in June Original Source : https://cleantechnica.com/2021/07/25/plugin-vehicles-hit-19-market-share-in-europe-in-june-tesla-model-3-has-best-month-ever/ NEW MERCEDES EQE SUV CONFIRMED FOR LAUNCH IN 2022 - Mercedes has confirmed that a third pure-electric SUV will arrive in 2022 with the launch of the Tesla Model X-rivalling EQE SUV. - It won't be the largest Mercedes electric SUV we'll see in the coming years, but it will be positioned towards the top end of the company's EV line-up, sitting above the EQC and the smaller EQA and EQB SUVs when it arrives. - The EQE badge will be shared across a large saloon and the SUV. - From the A-pillars back, the SUV takes on more traditional 4x4 proportions. Compared to the EQC, styling changes include a stubbier bonnet, longer wheelbase and a more swept-back cabin.The EQE will sit on the same EVA2 underpinnings as the EQS limo. It also marks a shift away from the conventions set by the EQC, which uses a modified version of the GLC's platform rather than dedicated electric architecture. - As well as ensuring the EQE is able to accommodate a large battery, Mercedes has also been prioritising ultra-rapid recharging with the new architecture. Original Source : https://www.autoexpress.co.uk/mercedes/352810/new-mercedes-eqe-suv-confirmed-launch-2022 THE UK'S FIRST EV-ONLY TRACKDAY - This is an exclusive event for EV owners to drive their vehicles on track. Llandow is perfect for all levels of driver and offers some technically challenging corners even though it's smaller than most other UK tracks. - The number of cars on track at any one time will be very limited. We've invited Ed Moore and his team of driver coaches from Motorsport Events/Stay Sharp along. They will be on hand all day to give help and advice on and off track. This is the perfect chance to find out how your car performs on track in a relaxed atmosphere with like-minded EV owners. No earplugs required! - This is also the very first time a trackday has been organised exclusively for Electric Vehicles in the UK, so you'll be making history! - The nearest Tesla Superchargers are 11 miles from Llandow at Sarn services - £180.00 Inc VAT Original Source : https://www.tevo.solutions/events/the-uks-first-ev-only-trackday---18th-august-2021 VW PUSHES AHEAD WITH 'SUPER PLATFORM' FOR SELF-DRIVING ELECTRIC CARS - Volkswagen Group will produce 40 million vehicles on its new electric "super platform" that will replace combustion-engine and full-electric platforms used by its brands including VW, Skoda, Seat, Audi and Porsche. - The automaker is accelerating the development of the Scalable Systems Platform (SSP) despite having only recently started the rollouts of its MEB electric platform for volume EVs and its PPE architecture for upscale electric cars. - VW Group's development chief Markus Duesmann, who is also Audi's CEO, said the design of the SSP platform with its differing 'modules,' battery sizes and body lengths will allow plenty of brand differentiation. - "We will reduce today's complexity by about 50 percent. And I think you can understand what this means for us in terms of economies of scale," Duesmann said. - "By the end of this decade, we will have rolled out as SSP across all of our core segments and all brand groups," Duesmann said. By 2030, cars on the SSP platform would "already cover a bigger volume than PPE and MEB put together," he said. Original Source : https://europe.autonews.com/automakers/vw-pushes-ahead-super-platform-self-driving-electric-cars GOOD LUCK GETTING A STATE REBATE ON YOUR NEW ELECTRIC CAR - Sam Dudley of Encino knows that California government has gone all in on zero-emission vehicles. So has he. He's all about cutting back on greenhouse gases.In May, Dudley splurged on a new electric car, a metallic black Chevy Bolt EV LT. He loves it.But now it's July, and the after-school program director, 39, wonders when the state will make good on the EV-incentive rebate money it owes him.He figures he's due $4,500. He might have to wait until next year for a check to arrive, he said a rebate program representative told him by phone. And, he was warned, he and thousands of others might not get back as much money as promised, or might not receive any money at all. Original Source : https://www.latimes.com/business/story/2021-07-23/good-luck-getting-a-state-rebate-on-your-new-electric-car EUROPE TO BOOST BATTERY PRODUCTION AS ELECTRIC-VEHICLE SHIFT ACCELERATES - If Europe is going to shift to electric cars, it will need lots of batteries. After years of slow progress, there are now plans to invest 40 billion euros (S$64 billion) in 38 European factories that could turn out 1,000 gigawatt hours of batteries per year, - With average battery capacity of 60 kilowatt hours, that would be enough to power 16.7 million vehicles - EU Commission vice-president Maros Sefcovic recently said the planned factories put the EU "well on track to achieve open strategic autonomy in this critical sector". - Europe has domestic sources of lithium, notably in the Czech Republic and Germany, but it will also probably have to depend on imports. Mr Montique said Europe would likely end up "developing supply agreements with markets where there are abundant resources, favourable diplomatic ties, and strong investment frameworks" to reduce the threat of shortages. Original Source : https://www.businesstimes.com.sg/transport/europe-to-boost-battery-production-as-electric-vehicle-shift-accelerates POLESTAR TO LAUNCH IN FURTHER NINE MARKETS - wedish electric performance car brand Polestar said Monday that it will launch in a further nine markets in 2021 and double its retail locations to support the brand's continuing growth. - The brand currently has city-center retail locations under its Polestar Spaces concept, but is introducing larger, easy-to-access out-of-town locations where the company can also hand over customers' cars, in a new concept called Polestar Destinations - by the end of 2021 it will be present in 18 countries and have up to 100 retail locations, Original Source : https://www.marketwatch.com/story/swedish-electric-car-brand-polestar-to-launch-in-further-nine-markets-double-retail-locations-271627299496 A ROBOT THAT CHARGES ELECTRIC CARS BY ITSELF - The Graz University of Technology (TU Graz) in Austria teamed up with the ARTI Robots start-up and the electric vehicle service ALVERI to develop “ALVERI - CharBo” – a robot capable of charging parked electric cars without human supervision. The robot can move autonomously between the cars, recognize charging connections, and plug in. Electric vehicles are on the rise, and so is the demand for charging infrastructure. This creates a noticeable disparity, which this robot aims to fix. - At the moment, the charging lid of the vehicle needs to be kept open, so the robot recognises that it needs to be charged. In the future, the team plans to remove this inconvenience, by establishing some sort of communication between the vehicle and the robot, either through an app or something else. Original Source : https://www.themayor.eu/en/a/view/graz-university-of-technology-presents-a-robot-that-charges-electric-cars-by-itself-8491 QUESTION OF THE WEEK WITH EMOBILITYNORWAY.COM With 2877 Superchargers globally and 25000 stalls, what do you think about Tesla's plan to open up the network to everyone? Email me your thoughts and I'll read them out on Sunday – hello@evnewsdaily.com It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast. And if you have an Amazon Echo, download our Alexa Skill, search for EV News Daily and add it as a flash briefing. Come and say hi on Facebook, LinkedIn or Twitter just search EV News Daily, have a wonderful day, I'll catch you tomorrow and remember…there's no such thing as a self-charging hybrid. PREMIUM PARTNERS PHIL ROBERTS / ELECTRIC FUTURE BRAD CROSBY PORSCHE OF THE VILLAGE CINCINNATI AUDI CINCINNATI EAST VOLVO CARS CINCINNATI EAST NATIONALCARCHARGING.COM and ALOHACHARGE.COM DEREK REILLY FROM THE EV REVIEW IRELAND YOUTUBE CHANNEL RICHARD AT RSEV.CO.UK – FOR BUYING AND SELLING EVS IN THE UK EMOBILITYNORWAY.COM/
With the kingdom of Saudi Arabia's Public Investment Fund being involved in a multi million pound deal to purchase Newcastle United will the Premier League's owner test prevent any the takeover being completed? Our resident law guru's Shell and Rhys are joined by Tom (@TheFootballLaw) to dissect the legalities once again. Make sure you subscribe for more NUFC content throughout the season. YouTube - https://www.youtube.com/Gallowgateshots?sub_confirmation=1 Follow the Socials: GallowgateShots: https://twitter.com/GallowgateShots AWSF: https://twitter.com/AWSFpodcast This podcast was originally published on 17th May 2020 as an early access episode on our Patreon page - Support The AWSFpod ⬇️ https://patreon.com/GallowgateShots9? ... Massive thanks to our season sponsors, please make sure to check out their Website and Social Media: GEORDIE GIFTS: Twitter: https://twitter.com/Geordie_Gifts Wesbite: https://geordiegifts.co.uk/ GUGLIELMOCLOTHINGUK (Use code AWSFpod for a 20% discount) Twitter: https://twitter.com/GuglielmoUK Website: https://www.guglielmoclothinguk.co.uk/ See omnystudio.com/listener for privacy information.
Jim Caron, Morgan Stanley Investment Management Fixed-Income Portfolio Manager, says we should start getting used to lower yields in the U.S. Howard Dean, Former DNC Chair & Former Governor of Vermont, is incredibly disturbed by the low turnout among younger voters. Julia Coronado, MacroPolicy Perspectives President & Founder, says the Fed is running out ammo and fiscal policymakers will need to pick up the ball. Jared Bernstein, Center on Budget and Policy Senior Fellow, says the U.S. Economy will likely be growing well below trend by the time people vote for U.S. President. David Rubenstein, Carlyle Group Co-Founder & Host of Bloomberg's Peer to Peer Conversations, reflects on his conversation with Yasir Al-Rumayyan, Governor of Saudi Arabia's Public Investment Fund who predicts the fund will grow to $2 trillion by 2030. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Market Analyst by Clive Ramathibela looks at the Asian markets, Greece is close to an accord with creditor institutions on measures needed to get its next bailout tranche and Uber said on Wednesday that it had raised $3.5 billion from Saudi Arabia's Public Investment Fund, which is the kingdom's main investment fund.