Podcasts about saudi public investment fund

The fifth season of upstart LIV Golf teed-off today in Riyadh, Saudi Arabia.  This year’s season opener is being played in the home country of the league’s $1 trillion owner, the Saudi Public Investment Fund. LIV Golf will feature some of golf’s top names like Americans Bryson DeChambeau and Phil Mickelson, Spain’s Jon Rahm and Sergio Garcia, and Australia’s Cam Smith.  Each is a major championship winner. Differentiating themselves from the PGA Tour, LIV Golf starts each round at the same time for all players.  With 57 golfers in the field, they are positioned at each of the 18 tee boxes as a shotgun start begins play.  The daily playing conditions are identical for all golfers.  I really do like that concept. You’ll still find LIV Golf’s unique 4-player team concept this season, too. A significant pool of prize money is paid to the top three golf teams which have the lowest composite scores at the conclusion of each tournament.  This encourages every golfer – from first to last place – to try harder to help their team’s score. You will continue to hear music being played over loud speakers around the course during play. It doesn’t seem to affect the players one way or the other.  LIV Golf seems to think the music turns their golf tournament into a party for the fans. SwampSwami Rant ALERT!  LIV Golf’s US TV viewers must play “FOX Sports Whack-a-Mole” to watch the action this season The 14 LIV Golf events in 2026 (with only four being played in the US) will be televised again by FOX Sports.  Good luck trying to find the action on television from day to day. Today’s first round in Saudi Arabia began on FS1.  Two hours later, viewers were told to migrate over to FS2 to continue watching the golf action. Note to LIV Golf.  Not many US cable providers carry FS2 unless you pay for the highest price option.  I don’t.  To watch LIV Golf on television again this year, you will need a combination of the following channel options from day-to-day during their tournaments: Your local FOX TV affiliate FS1 FS2 Fox Business Network Fox Sports App (internet) The same issues occurred last year.  Sadly, it is being repeated in 2026. The US channel-surfing options might be more tolerable if LIV would simply offer a simulcast of the entire televised round via an internet (perhaps on a LIV Golf app?) as a service to viewers. LIV Golf needs the ratings support, so please make viewing as easy as possible. This maddening game of “Fox Sports Whack-a-Mole” is a major pain for American golf fans.  This should have been addressed and resolved during the lengthy off-season. These golfers said “Goodbye to LIV” In late December, it was five-time golf major champion Brooks Koepka walking out of LIV Golf’s door as he has announced a decision to rejoin the PGA Tour. Last week, former Masters champion Patrick Reed announced that he was no longer under contract with LIV Golf for 2026.  He wants to return to the PGA Tour just like Brooks Koepka. Keep in mind that LIV Golf doled out over $150 million in signing bonuses – just to snare both Brooks Koepka and Patrick Reed less than four years ago. Koepka worked a deal with the PGA Tour and competed at last week’s stop in San Diego. Patrick Reed’s defection from LIV Golf came just one week before his former LIV Golf four-player team called the 4 Aces was set to start the 2026 golf season. That left LIV Golf’s 4 Aces a card short today. Team captain Dustin Johnson and Belgium’s Thomas Detry and Thomas Pieters scrambled to find a sub to take Patrick Reed’s spot in this week’s season opening event. Reed pocketed over $42 million in tournament earnings over his four seasons with LIV Golf starting in 2022.  That money was in addition to his initial signing bonus. The PGA Tour will not allow Patrick Reed to return for at least 12 months after his last appearance in a LIV Golf event (August, 2025). In the meantime, Patrick Reed quickly scored a victory ten days ago while playing on the DP World (formerly European) Tour.  He plans to enter several more European events this spring and summer until he is cleared to return to the PGA Tour in late summer. Na, Na, Na, Na…Hey, Hey, Hey…The LIV story…of Kevin Na Five-time PGA Tour winner Kevin Na also took the leap to LIV Golf in June, 2022.  The 42-year old Na had quietly amassed $38 million in PGA Tour earnings over his 17-year career. Kevin Na was made team captain of LIV Golf’s Iron Heads Golf Club four-man team in 2022.  He did not win a tournament at LIV Golf but still managed to pocketed more than $11 million in four seasons. Surprisingly, South Korean-born Kevin Na was recently booted off of his own LIV golf team! He was replaced with journeyman PGA golfer Ben An.  The LIV Golf team then renamed itself the “Korean Golf Club” for 2026. Ironically, one of the team’s current players is New Zealand citizen Danny Lee. Lee was born in South Korea.  His family moved to New Zealand when he was eight years old. Upon getting booted from LIV Golf, Kevin Na has also requested to be allowed back onto the PGA Tour.  His reinstatement status has not been announced. Pat Perez packed-up his LIV Golf bag, too Former LIV golfer Pat Perez (a three-time PGA Tour winner) is also seeking his PGA Tour reinstatement.  The 49-year old Perez was cut by LIV Golf after a dismal 2024 season but returned as their on-course television announcer in 2025. Like Kevin Na, Pat Perez is waiting to hear when he will be allowed to tee-it up again on the PGA Tour.  Perez will turn 50 in March and may opt to play on the PGA Champions (senior) Tour at some point. The biggest question remains – Will LIV’s top draw Bryson DeChambeau stay or go after this season? The charismatic 32-year old Bryson DeChambeau won the US Amateur title and later added two US Open major championships to his trophy case. In 2022, DeChambeau pocketed a reported $125 million signing bonus from LIV Golf to join the fledgling golf tour.  He has earned another $50 million in tournament winnings during his four seasons playing for LIV Golf. Bryson DeChambeau has worked hard to build his own personal brand.  His YouTube channel attracts millions of mostly younger viewers. DeChambeau’s popularity has been one of the few bright spots for the LIV Golf brand.  His four-man LIV Golf team called the Crushers is a fan favorite, too. Bryson DeChambeau’s contract with LIV Golf will expire at the end of the tour’s 2026 golf season this August. Word has it that he is asking for upwards of $500 million to sign a contract extension to remain with the Saudi-backed golf group. LIV Golf didn’t help matters if they wanted DeChambeau to stick around One recent change for the 2026 LIV Golf season has not set well with the popular Bryson DeChambeau. LIV (which is “54” in Roman numerals) played 54-hole golf tournaments over three days in previous years.  This helped to differentiate the league from the PGA Tour’s 72-hole four-day events. A stodgy organization calling itself “Official World Golf Rankings” assigns numerical rankings to professional golfers.  Their board of directors was unwilling to grant any points to top finishers for the LIV Golf for the past four years due to its 54-hole events. That issue has been a sore spot for LIV golfers since the league’s first season in 2022. The OWGR rankings are used to determine which golfers receive invitations to play in some of golf’s four major events. The LIV golfers have earned zero ranking points the past four years.  Top players keep falling down the world rankings list. LIV’s Jon Rahm was ranked #1 at the time he signed with LIV Golf three years ago.  Despite winning twice over the past three seasons and rarely finishing out of the top ten, Jon Rahm had dropped all the way to #96 in World Golf Rankings this week. To appease the overlords of rankings, LIV Golf will start playing 72-hole events this season. The World Ranking body announced Tuesday that LIV Golf’s top ten weekly finishers will now be awarded points for the new 72-hole events. Bryson DeChambeau spoke up recently that the initial premise for LIV Golf was to be different than the PGA Tour.  He had been in favor of maintaining the 54-hole tournaments to bring more focus and urgency to golfers on the course each day. “It’s definitely changed away from what we had been initially told it was going to be,” said DeChambeau.  He added, “We didn’t sign-up to play 72 (holes).” What happens if Bryson DeChambeau decides to leave LIV Golf after this season? DeChambeau is one of the league’s biggest draws.  His enthusiastic personality and famous length off the tee has been a fan magnet for LIV Golf. The PGA Tour won’t admit it publicly, but they would love to see Bryson DeChambeau return to help put the proverbial nail into LIV Golf’s coffin. Yes, LIV Golf would still have former World #1 golfer Jon Rahm under contract as its best player.  Australia’s Cam Smith and 53-year old Phil Mickelson still have plenty of LIV fans, too. Though LIV Golf has lost an estimated $2 billion during its first four seasons, the Saudi Public Investment Fund seems quite proud of simply owning a worldwide golf league.   Oil money literally flows out of the ground and right into their bank to replace the massive losses of LIV Golf. The PGA Tour has started to lure several of its more popular golfers by offering a more family-friendly US-based tour.  LIV Golf’s far-flung worldwide events have made it difficult on golfers with young families like Brooks Koepka and Patrick Reed. The reputation of LIV Golf is starting to sink as more top golfers bail-out and return to the PGA Tour. The loss of Bryson DeChambeau after the 2026 LIV Golf season would be quite difficult to overcome. This would seem to be a great time for LIV Golf to broker a peace deal with the PGA Tour.  Allow golfers on both pro tours a chance to participate in a limited number of events on either tour every year. While you’re at it, please fix the “Fox Sports Whack-a-Mole” LIV Golf TV coverage, too!  The post Season 5 Begins – Is this Goodbye to LIV? appeared first on SwampSwamiSports.com.

In this episode of The Midweek Takeaway, Kevin Hornsby is joined by Paul Elliott, CEO of Active Energy Group, to discuss the company's latest Saudi Arabia licence approval and what it unlocks for future growth.Paul explains how Active Energy plans to leverage unused solar and excess power through modular energy units, opening the door to AI and data-driven infrastructure projects across Saudi Arabia and the wider Middle East. With access to government backing, grant funding, and potential routes into the Saudi Public Investment Fund, the conversation highlights how the company is positioning itself for scalable revenues and long-term expansion.Disclaimer & Declaration of InterestThis podcast may contain paid promotions, including but not limited to sponsorships, endorsements, or affiliate partnerships. The information, investment views, and recommendations provided are for general informational purposes only and should not be construed as a solicitation to buy or sell any financial products related to the companies discussed. Any opinions or comments are made to the best of the knowledge and belief of the commentators; however, no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion. Listeners are encouraged to perform their own research and consult with a licensed professional before making any financial decisions based on the content of this podcast.

There’s nothing like losing another PGA Tour tournament sponsor to motivate the long-time men’s golf league to invite a few LIV golfers back this season. The year 2022 saw PGA star Brooks Koepka among several big name PGA Tour players who accepted a reported $100 million signing bonus to join start-up LIV Golf. He has won five times during his four seasons on the new golf tour and earned millions more in the process. Brooks Koepka told the media in late December that he and LIV Golf had reached an agreement to release him from playing obligations during 2026.  He wanted to “prioritize the needs of his family and stay closer to home”. Koepka’s contract with LIV Golf was set to expire at the end of 2026. The rationale given sounded quite noble.  Koepka’s wife suffered a miscarriage in October during the fourth month of her second pregnancy.  The couple already had a two-year old son at home. The LIV Golf tour plays ten of its 14 tournaments this year outside of the United States.  Brooks Koepka would have been away from his young family quite a bit in 2026. Yes, this SOUNDED very noble – until Monday Yesterday, the PGA Tour announced an agreement allowing Brooks Koepka to return to play on the PGA Tour later this month at the Farmers Invitational in San Diego. My lovely wife and I speculated that, perhaps, Mrs. Koepka may have been ready to boot her husband out of the house after his relatively short sabbatical. The PGA Tour’s announcement about the return of Brooks Koepka strangely coincides with recent news that Farmers Insurance is exiting as a 16-year title sponsor for the tour’s long-time event in San Diego. The high cost of sponsoring pro golf tournaments has been taking a toll Want to sponsor a PGA Tour event?  The cost has been rapidly in recent years – even after the Tiger Woods era has effectively ended. Sponsorship costs have nearly doubled in the past decade.  A multi-year sponsorship agreement (usually for four or more years) will cost a company up to $20-25 million annually for a traditional spring or summer PGA Tour stop. A $100 million investment in a men’s golf tournament sponsorship must pass muster with corporate board overseers who will expect to see results to justify the exceptional costs. Don’t expect to see “The SwampSwamiSports.com Open” anytime soon! The PGA Tour has not delivered enough positive results to a growing number of former tournament sponsors Average television viewership for weekly PGA Tour events still brings nearly three million viewers – primarily on CBS.  The network’s advertisers buy TV spots to woo professional golf’s wealthy male audience.  High-dollar vehicles, investment firms and insurance companies dominate ads frequently seen on golf telecasts. However, the 64-year old average age for pro golf’s television viewers is the oldest demographic in all of professional sports. Compare that with NASCAR (58), baseball (57), NFL (50) and the NBA (42). Ironically, younger viewers are much more likely to part with discretionary income than their graybeard dads with fatter wallets. Watch any NFL game and notice the types of products being pitched to its viewers.  Growing families purchase houses, furniture, automobiles, fast food, beverages, and recurring household goods. That’s one reason why PGA Tour weekly telecasts seem to be waving their proverbial broadcast booth pom-poms for younger stars such as 36-year old Rory McIlroy, 29-year old Scottie Scheffler, and 32-year old Justin Thomas. The men’s pro golf tour is desperate to find “the next Tiger Woods”.  El Tigre has been sidelined in recent years with injuries and recently turned 50.  He cannot prop-up the PGA Tour forever. The rising price tag to host a PGA Tour stop may be indicative of fewer events in the future San Diego’s long-time PGA Tour stop has been sponsored by Farmers Insurance for the past 16 years. A press release by Farmers Insurance announced the end of the sponsorship recently stating, “The tournament has generated millions of dollars for charity and delighted golf fans in San Diego and beyond”. Perhaps a more honest comment might have been, “But we haven’t received a significant enough return on our investment after spending $20 million to prop-up this rather expensive event annually”. It’s not like Farmers Insurance is giving up on golf as an advertising vehicle. The company recently posted a news release that Farmers has become a title sponsor for this winter’s second-year of TGL (Tomorrow’s Golf League).  TGL is a weekly televised indoor golf contest aired on ESPN. A TGL spokesperson said, “Farmers Insurance recognizes the engagement that prime time team golf delivers with a wide spectrum of sports fans, especially younger fans.” Traditional PGA tournament sponsors expect to see positive results The loss of major male golf stars like Brooks Koepka, Bryson DeChambeau, Jon Rahm, Cam Smith and others to LIV Golf a few years ago really hurt the PGA Tour.  Every tournament sponsor wants their event to feature a top field of golfers which excites local fans to come out and see. The title sponsor is “sold” with the expectation that a significant national television audience will be watching from home. That sponsor wants to see thousands of happy golf fans attending their event in person, too.  This one-week golf tournament blitz is intended to capture the maximum positive name recognition today and some long-lasting goodwill associated with the company’s financial investment. This spring’s Colonial golf event (currently known as the Charles Schwab Invitational) in Fort Worth wants patrons to plunk down $85 for a one-day pass in late May.  North Texas golf fans want to see top golfers and popular regional favorites such as former University of Texas stars Jordan Spieth and Scottie Scheffler in this year’s field. However, the PGA Tour does not require a golfer to play in any particular weekly event (yet), so the field in Fort Worth is still rather uncertain.  The upper echelon of PGA Tour golfers often decide to enter a particular event if played in a favorite geographic region or on a golf course which suits their game or which features significant prize money up for grabs. The title sponsor of any particular PGA Tour event bears a significant financial risk if not enough of the top golfers elect not to play in their tournament.  Fewer top stars at some events mean lower television ratings and a negative impact on tournament revenues. Have the costs exceeded with the desired benefits for some PGA tournament sponsors? Farmers Insurance is not the first major corporation to end a sponsorship of a PGA Tour event in recent years. Wells Fargo walked away from its tournament in Charlotte, North Carolina last year.  The year 2024 saw Honda Motor Company end its long-time association with a tournament in southeast Florida. Shriners Children’s Hospital walked away from its PGA event in 2023. The PGA Tour’s competition with LIV Golf caused weekly money to balloon to nearly $8 million per tournament in recent years.  These increased payouts to players has been passed along in the form of higher corporate sponsorship costs. Some companies believe that the current costs outweigh the perceived benefits.  The market is working. A $3 billion life preserver was received by the PGA Tour just in time for the 2024 season A unique partnership with private equity investor Strategic Sports Group provided the PGA Tour a massive cash infusion in January, 2024.  This $3 billion investment was intended to halt the migration of top golfers to LIV Golf and provide a long-term financial backstop against potential operational losses on the PGA Tour. Half of the new money ($1.5 billion) was set aside to pay for a new long-term incentive bonus plan to be paid to PGA Tour golfers.  The players must remain on the tour for several years in order to collect their full bonus share.  This would (theoretically) cause players to think twice about jumping to LIV Golf or any other golf tour. Will the three other major LIV Golf stars take the bait and return to the PGA Tour? Monday’s announcement by the PGA Tour to allow Brooks Koepka’s amnesty came along with a rather restrictive short-term offer to three other prominent (and young) LIV Golf stars.  The PGA’s “Returning Member Program” would allow LIV golfers Bryson DeChambeau, Jon Rahm, and Cam Smith a chance to return to the PGA Tour this season if they should agree to accept the terms by February 2. Brooks Koepka (and the other three LIV golfers) will not be eligible for any FedEx bonus pool money in 2026.  The golfer must play in 15 PGA Tour events in 2026.  Koepka (and any other LIV golfers) will be excluded from the new PGA Tour bonus pool for the next five years.  That might result in a potential future loss of up to $50 million per player. Brooks Koepka also agreed to donate $5 million to charity as part of his “deal”.  Expect the other three golfers to be required to pay at least that amount to charity. LIV Golf’s youthful trio of DeChambeau, Rahm, and Smith still remain under contract with their employer to play this season.  They would have to quickly negotiate a buy-out for their LIV Golf contracts and then be fleeced again by the PGA Tour’s punitive terms and conditions. I don’t expect the other three golfers to take the bait.  Brooks Koepka had his own personal reasons to exit LIV Golf. The others?  Not so much – at least right now. Does this signal the end for LIV Golf? The Saudi Public Investment Fund is worth more than $1 trillion.  That Saudi PIF doesn’t seem concerned that LIV Golf has become a multi-billion dollar money loser. The loss of a few percentage points from this massive pile of cash is balanced by the Saudis’ perceived prestige as the owner of a worldwide golf tour. I believe that the loss of Brooks Koepka represents a relatively small hit for LIV Golf.  The five-time major champion was never very personable with fans and the media.  He doesn’t move the “fan favorite” needle as much as Bryson DeChambeau, Spain’s Jon Rahm, or even Australian Cam Smith. If DeChambeau, Rahm, and Smith follow suit and join Koepka to accept the PGA’s short-term “Come home” offer by February 2, worldwide interest in LIV Golf will plummet. The 2026 LIV Golf schedule has only 14 golf tournaments.  Ten will be played overseas with only four LIV Golf events to be played in the US this year. One of the US tournaments will be played in New Orleans at Bayou Oaks in City Park from June 25-28. Whose bad idea was that to schedule a golf tournament at that time of year in the Crescent City? Those of us who have lived in New Orleans will confirm the oppressive late June heat and humidity in the city.  Lake Pontchartrain, the Mississippi River, and the Gulf combine to create one of America’s hottest summer locations.  It will punish the golfers far more than the layout at the renovated City Park golf course. Conclusion The PGA Tour now desperately wants their wealthy competitor (LIV Golf) to surrender soon. LIV Golf is feeling no pressure to fold anytime soon. The PGA Tour, though, has new private financial backers who may be quietly demanding executives to show improved profitability after the group’s $3 billion investment into the long-time men’s professional golf league. Purses for men’s pro golf may have peaked due to competition from LIV Golf.  The average PGA Tour golfer earned more than $2.2 million in 2025.  They’ll somehow survive. This is getting very interesting.  Stay tuned! The post PGA Tour attempts to turn the screws on LIV Golf appeared first on SwampSwamiSports.com.

Burcu Esmer, Senior Lecturer in Finance at the Wharton School and Co-Director of the Harris Family Alternative Investment Program, joins to discuss Electronic Arts' proposed $55 billion acquisition involving Silver Lake, Affinity Partners, and the Saudi Public Investment Fund—exploring its implications for private equity, the gaming industry, and the future of global entertainment investments. Hosted on Acast. See acast.com/privacy for more information.

Featuring: Ammosart, Ashgar, Belghast, Grace, Tamrielo, and Thalen   We had a pretty meandering show where we thought we ran out of topics… and then suddenly remembered a few more at the very end.  We start with talking about Grace and Bel's adventures in All Ikora PVPVE nonsense with Destiny Rising.  From there, Grace talks about the full release of Slime Rancher 2, and Ammo some adventures in Mathematics with the Final Fantasy Tactics remake.  Xbox seems like it is cooked as they continue their trend of raising the price on everything, this time with Gamepass. Bel talks about revisiting the MySpace 1.0 era with an almost one-for-one clone called SpaceHey. Tam shares some thoughts about why Rise of Ronin did not land for him, but Ghost of Yotei absolutely has.  Bel has popped back into New World and was shocked to find some pretty significant updates to the game.  Then things go off the rails a bit, and we eventually talk about Hades 2 and the Electronic Arts sale to the Saudi Public Investment Fund.   Topics Discussed: Destiny Rising Only Ikora Edition Slime Rancher 2 Release Final Fantasy Tactics Xbox Price Hikes SpaceHey Rise of the Ronin Ghost of Yotei New World Aeternum Hades 2 Electronic Arts Sale

The Cleveland Browns are going with Dillon Garbiel in London! Not Shedeur Sanders. Not Joe Flacco. So much noise around this team. It's ridiculous! It is always a mess with this team! (16:00) The Colorado Rockies have fired its GM. One of the worst seasons of all time. Bill Schmidt has been there since 1999, GM since 2021. Three straight 100-game losing seasons. 119 losses this year. Terrible farm system. (25:30) Bruce Bochy will not be the Giants manger. Not happening said Buster Posey. (30:20) What is going on with the Cardinals? What happened to the winning? Chaim Bloom is trying to change it. (37:00) Electronic Arts is being acquired for $55 billion… by the Saudi Public Investment Fund. Excuse me? (44:00) The Big Ten is about to get into bed with private equity. A $2 billion plan? What does that mean for the future of that conference? Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Cleveland Browns are going with Dillon Garbiel in London! Not Shedeur Sanders. Not Joe Flacco. So much noise around this team. It's ridiculous! It is always a mess with this team! (16:00) The Colorado Rockies have fired its GM. One of the worst seasons of all time. Bill Schmidt has been there since 1999, GM since 2021. Three straight 100-game losing seasons. 119 losses this year. Terrible farm system. (25:30) Bruce Bochy will not be the Giants manger. Not happening said Buster Posey. (30:20) What is going on with the Cardinals? What happened to the winning? Chaim Bloom is trying to change it. (37:00) Electronic Arts is being acquired for $55 billion… by the Saudi Public Investment Fund. Excuse me? (44:00) The Big Ten is about to get into bed with private equity. A $2 billion plan? What does that mean for the future of that conference? Learn more about your ad choices. Visit podcastchoices.com/adchoices

Press XJoin the Press X Discord: https://discord.gg/MAXtvmv2rwTopics:Nintendo Singapore has been established https://www.nintendo.co.jp/corporate/release/en/2025/250930.htmlXbox Game Pass Ultimate gets 50% price hike https://news.xbox.com/en-us/2025/10/01/xbox-game-pass-ultimate-premium-essential-plans/EA is being acquired by Saudi Public Investment Fund, Silver Lake, and Affinity Partners for $55 billion https://www.businesswire.com/news/home/20250929186526/en/EA-Announces-Agreement-to-be-Acquired-by-PIF-Silver-Lake-and-Affinity-Partners-for-%2455-BillionImpact context https://arstechnica.com/gaming/2025/09/how-private-ownership-will-change-electronic-arts/Saudi Arabia's history of game investment https://x.com/stephentotilo/status/1973075756625359262Bitmap Books opens preorder for The Definitive Book of SNES RPGs Vol. 1 https://www.bitmapbooks.com/products/the-definitive-book-of-snes-rpgs-vol-1Ananta is every video game https://www.youtube.com/watch?v=bdkDD5nVxIE Questions from Discord: 

Steve and Kyle recap the news story claiming the PGA Tour and the Saudi Public Investment Fund reached a deal, and how it could get published without any sources or evidence. Then the guys cover the proposal to reduce the amount of professional golfers on the PGA Tour and discuss how low is 'too low' in a scramble tournament, and Nelly Korda's upcoming appearance in the Swimsuit edition of Sports Illustrated. Hosts: Steve Berger & Kyle Surlow Nice Grass Nice People is proudly presented by SUAVE GOLF  Signups are officially open for Suave Golf's 2025 Bandon Spring Jamboree - March 12-16, 2025. Learn more and signup.

Description:In this episode, I delve into key highlights from Morgan Stanley's 12th Annual Laguna Conference, featuring Peter Rawlinson, CEO and CTO of Lucid Motors. We discuss Lucid's advanced manufacturing facility and their strategy to scale production beyond 9,000 units, including the upcoming launch of the Gravity SUV to compete in the luxury market. Rawlinson highlights the financial support from the Saudi Public Investment Fund and emphasizes innovation in battery technology to lower costs. We also explore advancements in advanced driver-assistance systems, focusing on improving user experience and achieving a hands-free driving future. Support the Show:PatreonAcast+Links: Steve Sheridan's Youtube ChannelPodfeetBeyond the Post:Beyond the Post YouTubeBeyond the Post PodcastNews:Morgan Stanley Lucid MotorsSupport this show http://supporter.acast.com/kilowatt. Support the show at https://plus.acast.com/s/kilowatt. Hosted on Acast. See acast.com/privacy for more information.

AD Ports' Noatum has acquired a majority stake in maritime, logistics, and cargo services provider Safina Shipping Services. Egypt's unemployment rate fell to 6.5% of the total workforce in the second quarter of this year, falling 0.2 percentage points from the previous quarter.Renewables firm Infinity Power, Emirati state-run renewables giant Masdar, and the Egyptian Electricity Transmission Company (EETC) have made plans to build a 200 MW wind farm in Ras Ghareb. The project will cost some USD216.7 million.The government is gearing up to launch a new international tender for natural gas exploration in at least ten areas in the Mediterranean and waters in the Delta. The Saudi Public Investment Fund is considering buying a state in the Egyptian Electricity Transmission and Distribution Company, a subsidiary of the Electricity Holding Company. The government last week announced the National Low-Carbon Hydrogen Strategy, which aims to transform Egypt into a global hub that targets 5-8% of the global green hydrogen market by 2040.Egypt's 5-year CDS rate cooled down to 6.57% at the end of trading on Friday, compared to 7.34% on August 7.The Sovereign Fund of Egypt (SFE) CEO Ayman Soliman has resigned from his post, according to media reports.The Ministry of Petroleum is studying fair pricing of gas for factories.SWDY (FV: EGP45.69, EW) posted a solid set of results for 2Q24 with attributable earnings surging to EGP4.5 billion (+68%, +12% QoQ). In 1H24, net attributable income soared to EGP8.4 billion (+52% YoY) SWDY is trading at FY24e P/E of 10.2x and EV/EBITDA of 4.9x. LCSW (FV: EGP30.08, OW) reported steady 2Q24 consolidated results. Net attributable income came in at EGP150.4 million (-10% YoY, -69% QoQ). 1H24 net attributable income surged 144% YoY to EGP627.9 million. LCSW is currently trading at FY24e PE of 2.5x and EV/EBITDA of 2.1x.MCQE reported expectedly fragile 2Q24 consolidated financial results. Attributable bottom-line came in red, recording a loss of EGP1.1 million in 2Q24, reversing previous quarter profit of EGP31.5 million, yet reducing 2Q23 loss of EGP21.9 million. This brought 1H24 net attributable income to EGP30.4 million (-30% YoY). MCQE is trading at FY24e P/E of 17.4x and EV/EBITDA of 6.8x.SCEM reported a net attributable income of EGP651.3 million in 1H24 reversing comparative period net loss after minority of EGP79.7 million. The Egyptian government is considering reducing gas prices for ceramic factories to support the industry and stimulate its export.The government is studying increasing the tariff for purchasing electricity generated from waste by 68% to reach EGP235 piasters per kilowatt hour, instead of EGP140 piasters, from projects launched by the private sector.EKHO released 2Q24 financial results, posting a 32% YoY decline (-56% QoQ) in net profit to record USD28 million, down from USD40 million in 2Q23 and USD63 million in 1Q24.MFPC is paying out a dividend of EGP3.75/share.EFIH reported 2Q24 results. Net attributable profit recorded EGP300 million (-31.2% YoY, -35.1% QoQ), bringing 1H24 net attributable profit to EGP763 million (+6.2% YoY), implying a NPM 33.4% (-8.0pps YoY). EFIH is currently trading at 2024f P/E of 31.7x and EV/EBITDA of 19.3x.CICH (FV: EGP8.00, OW) released 2Q24 financial results. Net income after minority interest and taxes rose 146% y/y in the first half of 2024 to EGP1.3 billion. CICH is currently trading at P/E24 of 3.1x and P/B24 of 0.7x.

Are These Organizations Still Nonprofits? A Deep Dive into Nonprofit Status and the Blurring Lines Overview This week on the Nonprofit Newsfeed, George Weiner, Chief Whaler of Whole Whale, and Nick Azulay, Senior Manager of Digital Strategy at Whole Whale, delve into the complex and evolving landscape of nonprofit status. They question whether certain large organizations still meet the true spirit of what it means to be a nonprofit. Key Topics and Highlights NCAA's Historic Settlement: The NCAA, a nonprofit with nearly $1 billion in revenue, recently settled to pay college athletes $2.7 billion. This raises questions about whether the organization still aligns with its original nonprofit mission of fostering amateur sports. PGA Tour and Saudi Investment: The PGA Tour, another nonprofit, announced a merger with the Saudi Public Investment Fund's LiveGolf. This billion-dollar deal casts doubt on whether taxpayer dollars should support such ventures. OpenAI's Nonprofit Status: OpenAI, which started as a nonprofit, now controls a highly profitable LLC valued at $80 billion. This shift has led to legal scrutiny and questions about whether it still adheres to its nonprofit mission. The Linux Foundation: With $177 million in revenue and high executive salaries, the Linux Foundation faces scrutiny about its contribution to the public good and whether it still qualifies as a nonprofit. Critical Insights and Quotes George Weiner: "When you cross that line toward profiting off the community you're trying to protect, it's time to review that." Nick Azoulay: "Should your tax dollars be subsidizing the Saudi investment into American golf influence? That's a hard pill to swallow." Calls to Action For Nonprofits: Reflect on whether your organization still aligns with its original mission and the broader public good. For Donors and Volunteers: Scrutinize the nonprofits you support to ensure they adhere to their stated missions and use funds responsibly. Closing Thought The conversation highlights the need for a national discussion about what truly constitutes a nonprofit. As organizations grow and evolve, it's crucial to revisit their missions and ensure they continue to serve the public good. Additional Stories Universal Analytics Data Deletion: A reminder for organizations to download their data from Universal Analytics before it is permanently deleted. Robin Hood AI Poverty Challenge: An exciting opportunity offering up to $1 million for innovative projects addressing poverty in New York City. National Foundation for Transplant Closure: The closure of this organization leaves many organ transplant patients without critical funds. Feel-Good Story: The Growhaus nonprofit in Denver is planting vegetable gardens in food deserts, providing fresh produce and empowering families.

Are These Organizations Still Nonprofits? A Deep Dive into Nonprofit Status and the Blurring Lines Overview This week on the Nonprofit Newsfeed, George Weiner, Chief Whaler of Whole Whale, and Nick Azulay, Senior Manager of Digital Strategy at Whole Whale, delve into the complex and evolving landscape of nonprofit status. They question whether certain large organizations still meet the true spirit of what it means to be a nonprofit. Key Topics and Highlights NCAA's Historic Settlement: The NCAA, a nonprofit with nearly $1 billion in revenue, recently settled to pay college athletes $2.7 billion. This raises questions about whether the organization still aligns with its original nonprofit mission of fostering amateur sports. PGA Tour and Saudi Investment: The PGA Tour, another nonprofit, announced a merger with the Saudi Public Investment Fund's LiveGolf. This billion-dollar deal casts doubt on whether taxpayer dollars should support such ventures. OpenAI's Nonprofit Status: OpenAI, which started as a nonprofit, now controls a highly profitable LLC valued at $80 billion. This shift has led to legal scrutiny and questions about whether it still adheres to its nonprofit mission. The Linux Foundation: With $177 million in revenue and high executive salaries, the Linux Foundation faces scrutiny about its contribution to the public good and whether it still qualifies as a nonprofit. Critical Insights and Quotes George Weiner: "When you cross that line toward profiting off the community you're trying to protect, it's time to review that." Nick Azoulay: "Should your tax dollars be subsidizing the Saudi investment into American golf influence? That's a hard pill to swallow." Calls to Action For Nonprofits: Reflect on whether your organization still aligns with its original mission and the broader public good. For Donors and Volunteers: Scrutinize the nonprofits you support to ensure they adhere to their stated missions and use funds responsibly. Closing Thought The conversation highlights the need for a national discussion about what truly constitutes a nonprofit. As organizations grow and evolve, it's crucial to revisit their missions and ensure they continue to serve the public good. Additional Stories Universal Analytics Data Deletion: A reminder for organizations to download their data from Universal Analytics before it is permanently deleted. Robin Hood AI Poverty Challenge: An exciting opportunity offering up to $1 million for innovative projects addressing poverty in New York City. National Foundation for Transplant Closure: The closure of this organization leaves many organ transplant patients without critical funds. Feel-Good Story: The Growhaus nonprofit in Denver is planting vegetable gardens in food deserts, providing fresh produce and empowering families.

Saudi Public Investment Fund's (PIF) telecom infrastructure subsidiary, Tawal, is looking to buy several telecom towers from Vodafone Egypt and another undisclosed telecom company. Supply Minister has proposed hiking the price of subsidized sugar to EGP18 from EGP12.6 per kilo. The proposal has not been approved yet by the government.The CBE will auction USD500 million worth of one-year USD-denominated treasury bills with the submission deadline penciled in for 11 AM today.A number of foreign companies are examining investment opportunities in the healthcare sector.The Ministry of Transport, represented by the Egyptian National Railway Authority, will begin evaluating five Egyptian and international alliances, with a total of 12 companies, competing to seize business with a total value approaching EUR403 million.JUFO reported outstanding 1Q24 net profit of EGP479 million (+191.8% YoY,+237.6% QoQ). JUFO is currently trading at P/E24 of 9.6x  . We upgraded our FV for ORWE to EGP30.01/share, maintaining our Overweight recommendation. ORWE is currently trading at P/E24 of 4.8x.DSCW reported 1Q24 attributable net profit of EGP118 million (+613.4% YoY, -3.1% QoQ). DSCW is currently trading at  P/E24 of 5.5x. AMIC released its numbers for April 2024, showing an increase in auto market sales by 11.0% YoY to record 5.7K units driven mainly by a jump in PC sales by 65.5% MoM and 18% YoY.HELI (FV: EGP18.84, OW) reported 1Q24 revenue of EGP239.3 million, up 163.2% y/y and down 98.4% q/q, and 1Q24 net profit of EGP748.5 million, up 3755.4% y/y and down 90.4% q/q. The Iraqi Ministry of Health is holding discussions with Egyptian contractors to take part in revamping 12 hospitals with an estimated cost of USD480 million.EFIC released 1Q24 consolidated net income of EGP428 million (+93% YoY, +132% QoQ). EFIC is currently trading at a PE24 of 4.4x.CCAP shareholders have until 5 June to subscribe to the first phase of the company's debt buyback. Shareholders who wish to participate are required to pay EGP0.6776 per share.OPEC+ agreed to extend production cuts until 2025 — cuts of 3.66 million barrels a day will be extended until the end of 2025, while voluntary cuts of 2.2 million barrels a day will run through the end of Sep.North Petroleum International Company (NPIC), the Egyptian arm of China's Zhen Hua Oil, will invest some USD78 million to increase production from its Western Desert's East Ghazalat concession.British energy company Harbour Energy signed an agreement to finalize the acquisition of Wintershall Dea's upstream assets in Egypt.SWDY Board of Directors appointed BDO Keys Financial Consulting as an independent financial advisor to prepare a FV Report for the stock in light of FRA's decision on 30 May 2024.FAIT 1Q24 consolidated net profit recorded an impressive EGP6.2 billion (+179% y/y, +851% q/q). We keep our Equalweight recommendation on FAIT on an updated FV of EGP40.00/share. The stock is currently trading at P/E24 of 3.3x.EFG Hermes One, HRHO's subsidiary, has signed a partnership agreement with PayTabs Egypt. Weekly Commodities Update Last Price | WoW Change, %Brent, USD/bbl | 81.6 | -0.6%Diesel-HSFO Spread, USD/ton | 267.6 | -3.5%Egypt Urea, USD/ton | 325.0 | 2.4%Polyethylene, USD/ton | 1,030.0 | 0.0%Polypropylene, USD/ton | 985.0 | 1.1%Iron Ore 65%, USD/ton | 132.9 | -1.8%Steel/Iron Ore Spreads, USD/ton | 378.1 | 2.0%LME Aluminum Cash Price, USD/ton | 2,607.1 | -0.4%Egyptian Retail Cement, EGP/ton | 2,039.0 | -0.4% Steam Coal FOB Newcastle Australia, USD/ton | 142.4 | -0.3%SMP, USD/MT | 2,629.0 | 0.0%

Leaders' Editorial Director James Emmett and Content Director David Cushnan take stock of a big week of sports, entertainment and business at 4se New York.As the green room is dismantled around them in Chelsea, they reflect on some of the big themes of the event: storytelling in all its forms, the rise Cowboy culture, and the budding relationship between sports organisations and the music industry.US Ski & Snowboard CEO Sophie Goldschmidt also stops by to discuss one of the big stories elsewhere this week - the Saudi Public Investment Fund's new deal with the Women's Tennis Association - and share her thoughts on the impressive group of Gen Z athletes, snowboarders Red Gerrard and Hailey Langland and NASCAR driver Rajah Caruth, she shared the stage with at 4se.

Mike Tysons status, helgens UFC, Svenska cupen och Malmö FF:s totala dominans i svensk fotboll, Arsenals chans att vinna ligan och vi anmäler oss själva som kreatörskonsulter till Saudi Public Investment Fund. I Eftersnack på patreon.com/division9: mycket Oscarssnack, Oppenheimer, RDJ, Viaplayaktien och det nya NBA

The Saudi Public Investment Fund's investment in tennis; the NFLPA releases its annual workplace conditions survey and the Commanders seek a new naming rights partner for FedEx Field; the future of the Royals' and Chiefs' stadiums to go to a vote.

In this episode, Roberto and Dan dive deep into the Strategic Sports Group (SSG), a conglomerate of influential businesspeople looking to make an investment in the PGA Tour.  We discuss who the key people behind SSG are, what might make them intriguing to the Tour, whether this means good things for the Saudi Public Investment Fund and more.At the end, Roberto and Dan make some quick and fun predictions for the 2024 season.Enjoy, subscribe and happy New year!

On today's show, Ryan talks about the game of chicken the PGA Tour and Saudi Public Investment Fund seem to be playing in public, starring Jon Rahm. What does it all mean? Then PGA Tour veteran Chris Stroud shares why he thinks the Tour isn't valuing him high enough. It's getting cold out there, so be ready for winter golf with Swannies! Pick up awesome cold weather pullovers and quarter-zips, and T-shirt hoodies at https://swannies.co. Use promo code golfnewsnet25 to save 25% on your order!   

FEBRUARY 26, 2003.That is the last time Newcastle United won a Champions League game before thrashing PSG in Matchday 2. And so much has changed in the time between those two wins. The Magpies have witnessed the fading star of Alan Shearer, the lowest lows of relegation, and near fan-revolt under former owner Mike Ashely. But then, the 2021 takeover by the Saudi Public Investment Fund led to new heights on the pitch...and moral conflict off of it. This week, Rog and Rory breakdown what that complicated takeover has meant for a proud team city in a working class city, and for football as a tool of global politics.Then, ANOTHER Italian football scandal catches Sandro Tonali its snare. Plus, the moment we've all been waiting for...Rory's official position on Stottie cakes.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The National Elections Authority (NEA) announced the timetable for the upcoming presidential election, confirming that the voting process will start as early as the first of December.Egypt seeks to increase the Asian Infrastructure Investment Bank (AIIB) investments portfolio in Egypt to USD2.3 billion up from the current USD1.3 billion.The government, represented by the General Authority for Investment and Free Zones, aims to decide on 45 new applications to obtain the golden licence to encourage investments in a number of targeted sectors.Bloomberg's USD spot index climbed 0.4% to hit its highest level since December. Since mid-July, the USD has climbed more than 6% against major currencies as markets react to the prospect of US interest rates remaining higher for longer.We published this morning our update on Egypt's fertilizer sector. The sector is expected to witness a slowdown through 2024 after the exceptional achievements it reached between 2021 and 2023. However, fertilizer producers' profitability is supported by the pound devaluation movements and the new expansion projects. MFPC is our top pick thanks to its privileged natural gas cost formula and the new projects it will undertake.Our Fundamental Review includes the following:• ABUK (FV: EGP60.60, EW)•MFPC (FV:EGP250.67, EW)• EGCH (FV: EGP7.48, EW)• EFIC (FV: EGP55.59, EW)For further details, please refer to our report published this morning.The Petroleum Ministry launched an international bid round for gas and oil exploration in 23 new areas with the offer deadline set for February 25.Kima denied receiving an offer from gulf investors to acquire a stake in the company.We upgrade our FV for DSCW to EGP0.71/share from a previous EGP0.57/share and changed our recommendation to Overweight: • The main driver for our update is the multiple waves of local currency depreciation, with another leg in the cards. Weak Egyptian pound supports the company's top-line and margins as its export segment constitutes the majority of its sales at 55-60%. Margins are also supported as 50% of COGS are in EGP, with the difference giving margins a boost. • DSCW is currently trading at a FY24 P/E of 0.21x.• For further details please refer to our note published earlier today. Local private equity firm Ezdehar plans to purchase up to four of Alfa Market's stores in Cairo to expand the presence of Zahran Market, one of its portfolio companies.A consortium of ORAS (FV: EGP181.70, OW) and Metito, together with the Abu Dhabi National Oil Company PJSC (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA), achieved the successful financial close in record time for a large-scale seawater treatment and water transportation project in Abu Dhabi, UAE.The Ministry of Transport intends to pay compensation for price differences to contracting companies for the projects of its affiliated organizations, with a value of around EGP15 billion by the end of this year.The government divested its investment in IRAX. Post the delisting, ESRS (FV: EGP54.60, OW) would own a 99.52% stake in IRAX.Saudi Public Investment Fund intends to buy Arab African International Bank's 13.0% stake in PHDC (FV: EGP4.35, OW). ORHD (FV: EGP20.38, OW) sold 15.5 million treasury shares for EGP155.5 million.The FRA approved the establishment of Abu Dhabi Islamic Sukuk Company with issued and paid-up capital of EGP10 million, where ADIB - Egypt has a stake of 98%.CNFN intends to issue securitization bonds worth EGP1.4 billion in a matter of days.BTFH has completed the transfer of its ownership in Cash Microfinance Company in a deal worth EGP120 million.CBE data showed an increase of 5.4% in the total banking sector loans from January to April 2023. Total deposits expanded by 1% over the same period.

On the weekend that this podcast is released, Saudi Arabia will be playing two international football matches at Newcastle United's St James Park, against Costa Rica and South Korea - but the results won't really matter, and not just because the games are friendlies. Critics say that whatever the final scores, the despotic regime of Crown Prince Mohammed Bin Salman (MBS) will already have won, simply by virtue of being allowed to host such prestigious games at a venerated English football stadium. The Saudi Public Investment Fund bought Newcastle in 2021, which many observers regarded as a classic case of "sportswashing"; a regime notorious for human rights abuses seeking to create a more positive image for itself. The staging of these friendlies is being seen as another step towards the 'normalisation' of a state renowned for its human rights abuses. Ahead of the Saudi friendlies, Adrian Goldberg travelled to St James Park to meet John Hird, a lifelong Newcastle United fan and founder of NUFC Against Sportswashing, and Lina Al Hathloul, from Saudi human rights organisation ALQST. Produced in Birmingham by Adrian Goldberg and Harvey White. Funded by subscriptions to the Byline Times. Made by We Bring Audio for Byline Times. Hosted on Acast. See acast.com/privacy for more information.

  On the weekend that this podcast is released, Saudi Arabia will be playing two international football matches at Newcastle United's St James Park, against Costa Rica and South Korea - but the results won't really matter, and not just because the games are friendlies.   Critics say that whatever the final scores, the despotic regime of Crown Prince Mohammed Bin Salman (MBS) will already have won, simply by virtue of being allowed to host such prestigious games at a venerated English football stadium.   The Saudi Public Investment Fund bought Newcastle in 2021, which many observers regarded as a classic case of "sportswashing"; a regime notorious for human rights abuses seeking to create a more positive image for itself. The staging of these friendlies is being seen as another step towards the 'normalisation' of a state renowned for its human rights abuses.   Ahead of the Saudi friendlies, Adrian Goldberg travelled to St James Park to meet John Hird, a lifelong Newcastle United fan and founder of NUFC Against Sportswashing, and Lina Al Hathloul, from Saudi human rights organisation ALQST.  Produced in Birmingham by Adrian Goldberg and Harvey White.   Funded by subscriptions to the Byline Times.   Made by We Bring Audio for Byline Times.

Our Social Media Pages, follow us and engage with the Pill-grim community!Join our Entre CommunityInstagramTwitter YouTubeTikTokLinkedInAnd now for this week's prescription:On this week's dose, (1:40) you'll hear about Zoomph, a leading partnership insights platform in the sports and entertainment space, and their recent $4M Series A led by Jurassic Capital. (5:16) Then, we'll break down Bedrock, a company that uses autonomous underwater vehicles (or AUVs) to map the ocean floor, fresh off a $25.5M Series A co-led by Northzone and Primary Venture Partners. To wrap up this week's dose, (10:59) we will break down the $4.9B acquisition of leading gaming company Scopely, by Savvy Games, a gaming company operating under the Saudi Public Investment Fund.Sources:https://zoomph.com/blog/zoomph-lands-series-a-funding-led-by-jurassic-capital-backed-by-high-profile-investors/ https://techcrunch.com/2023/07/12/bedrocks-autonomous-ocean-mapping-ambitions-score-25m-as-renewables-rise/https://www.bedrockocean.com/missionhttps://techcrunch.com/2023/04/05/saudis-savvy-games-group-acquire-mobile-games-scopely-4-9-billion/Music Credit: Chapter One by Cole Bauer and Dean Keetonhttps://www.colebauer.com/https://www.instagram.com/deankeeton/?hl=enDisclosure:The views, statements, and opinions, expressed herein by the hosts and guests are their own, and their appearance on the podcast should not be construed as reflecting the views or implied endorsement of Independent Brokerage Solutions LLC or any of its officers, employees, or agents. The statements made herein should not be considered an investment opinion, advice, or a recommendation regarding securities of any company. This podcast is produced solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy a security.

Bernhard Langer, the winningest golfer on the PGA Tour Champions, soon to turn 66, having won a record 46 PGA Tour Champions titles and a record 12 Senior Championship titles, shares the keys to his longevity and success, his thoughts on upcoming Ryder Cup and how he feels about the proposed agreement between the PGA Tour and the Saudi Public Investment Fund.

The Orioles beat the Dodgers to take over the best record in the American League, Justin Verlander earns just his second win since mid-May with a gem, Northwestern faces a second civil rights violation lawsuit, and the organizers of the Open Championship say they're open to receiving funds from the Saudi Public Investment Fund. Correspondent Steve Carney reports.

Ann talks to long-time radio and TV golf commentator Dave Marr about the Senate hearing inquiry into the PGA Tour proposed partnership with the Saudi Public Investment Fund; to Mary Bea Porter, former LPGA Tour player and Co-Founder, Hawaii State Junior Golf Asso., on Hawaii's Allisen Corpuz's U.S. Women's Open win; and to Colin Burns, former G.M., Winged Foot Golf Club, on the Lifetime Achievement Award he received from Prince Albert of Monoco. 

Ann chats with longtime golf TV and Radio Broadcaster Dave Marr about the Senate hearing on the proposed PGA Tour partnership with the Saudi Public Investment Fund.

Ann reviews the Senate hearing in which Senators Richard Blumenthal and Ron Johnson questioned PGA Tour COO Ron Price and PGA Tour Policy Board Member Jimmy Dunne about the proposed PGA Tour partnership with the Saudi Public Investment Fund, along with Ann recapping other top news in golf. Longtime golf TV and Radio Broadcaster Dave Marr shares his insight. Mary Bea Porter, rules official and Co-Founder of Hawaii State Junior Golf Association, talks about the programs for juniors in Hawaii that helped Allisen Corpuz win the 2023 US Women's Open.

MLB – Major League Baseball Last Night 2023 MLB All-Star Game – T-Mobile Park, Seattle National League 3, American League 2 National 3, American 2 – National League snaps All-Star Game losing streak, tops AL 3-2 behind Elias Díaz homer Elias Díaz hit a two-run homer off Félix Bautista in the eighth inning, and the National League snapped a nine-game losing streak in the All-Star Game with a 3-2 win over the American League. The NL won for the first time since an 8-0 victory in 2012 in Kansas City thanks to Díaz, a catcher who became the first Rockies player to win the All-Star MVP award. Díaz, who was non-tendered by the Pirates at the end of 2019, drove a 2-2 pitch from Baltimore’s hard-throwing closer deep to left to put the NL in front. Díaz was the lone representative for Colorado in his first All-Star Game appearance. Friday Chicago White Sox at Atlanta Braves, 7:20 p.m. Boston Red Sox at Chicago Cubs, 8:05 p.m. Detroit Tigers at Seattle Mariners, 10:10 p.m. MLB – Díaz becomes unlikely All-Star MVP, 3 ½ years after cut loose by Pirates Elias Díaz may be the most unlikely All-Star MVP. Just 3 1/2 years after Pittsburgh failed to offer a contract and allowed him to become a free agent, his go-ahead, two-run homer off Félix Bautista in the eighth inning lifted the National League over the American 3-2. A first-time All-Star at age 32, the Colorado catcher put his name on an award won by Willie Mays, Joe Morgan, Frank and Brooks Robinson, both Ken Griffeys and Mike Trout. Díaz says: “I honestly can’t believe that my name is going to be next to some of those names." MLB – White Sox slugger Luis Robert Jr. out of All-Star Game due to calf tightness Chicago White Sox slugger Luis Robert Jr. did not play in the All-Star Game after feeling tightness in his right calf during the Home Run Derby. The White Sox said that Robert underwent an MRI in Seattle and is listed as day-to-day. The team said Robert felt the tightness in the calf during the opening round and did not play in the All-Star Game as a precaution. Robert will be evaluated before the White Sox restart the season on Friday in Atlanta. Robert was the No. 1 seed in the Home Run Derby and beat Baltimore’s Adley Rutschman 28-27 in the opening round. Robert lost to Tampa Bay’s Randy Arozarena in the semifinals 35-22. MLB – Atlanta’s Truist Park and Chicago’s Wrigley Field under consideration for ASG The Atlanta Braves and Chicago Cubs are under consideration for upcoming All-Star Games. Next year’s game is scheduled for the Texas Rangers’ Globe Life Field in Arlington, and the 2026 game will be at Philadelphia’s Citizens Bank Park. The 2021 All-Star Game was awarded to Atlanta’s Truist Park by Major League Baseball in 2019 but in April 2021 was moved to Denver’s Coors Field following objections to sweeping changes to Georgia’s voting laws. Commissioner Rob Manfred says “Atlanta is in the mix of clubs for the ‘25 All-Star Game.” MLB – Manfred has no intention of altering Pete Rose’s lifetime ban from baseball Baseball Commissioner Rob Manfred has no intention of altering Pete Rose’s lifetime ban from baseball and said the sport’s commercial deals with gambling companies have no impact on the status of the career hits leader. Rose agreed to a lifetime ban in 1989 after an investigation found Rose placed numerous bets on the Cincinnati Reds to win from 1985-87 while playing for and managing the team. Manfred rejected Rose’s application in 2015. Manfred says: “Pete Rose violated what is sort of rule one in baseball, and the consequences of that are clear in the rule.” MLB – MLB open to consider increasing time on pitch clock in postseason Baseball Commissioner Rob Manfred will consider increasing time on the pitch clock for the postseason but is reluctant to adjust an innovation the sport considers a great success. In the first season of the clock, the average time of a nine-inning game is 2:38, on track to be the fastest since 1984. It is down from 3:04 last year and 3:09 in 2021, the last season before PitchCom was introduced. Manfred says "we’re going to continue to talk to the players and adds: “I think you ought to play the postseason the way you play the regular season. There’s exceptions.” NBASL – NBA Summer League Last Night Chicago Bulls 107, Sacramento Kings 99 Tonight Detroit Pistons vs. Toronto Raptors, 6:00 p.m.              (at Thomas and Mack Center, Las Vegas) Indiana Pacers vs. Oklahoma City Thunder, 7:30 p.m.        (at Cox Pavilion, Las Vegas) NBA – Flopping, challenge rules changed by NBA’s Board of Governors The NBA’s Board of Governors approved two rule changes for the coming season Tuesday. One change gives coaches a second challenge if their first one is successful. The other will mean a technical foul will be called against players who flop. The challenge rule change is something that coaches have wanted for some time. Coaches who challenge a call and are successful will get the chance to make a second challenge. Teams must have a timeout in order to call for a challenge; that timeout would not be retained even if a coach won that first challenge. WNBA – Women’s National Basketball Association Today New York Liberty at Indiana Fever, 12:00 p.m. Connecticut Sun at Chicago Sky, 12:00 p.m. WNBA – WNBA All-Star skills competition now features teammates partnering up The WNBA is changing its All-Star skills challenge with the new format pitting four sets of teammates against each other in a head-to-head competition. The league announced the two-round competition on Tuesday that will include a timed obstacle course relay competition that showcases players’ agility, dribbling, passing and shooting skills. The four teams are Atlanta’s Allisha Gray and Cheyenne Parker, who are both making their All-Star debuts; Dallas’ Arike Ogunbowale and Satou Sabally; New York’s Sabrina Ionescu and Courtney Vandersloot; and Las Vegas’ Chelsea Gray and Kelsey Plum. NCAAFB – Northwestern retains assistants after firing coach Pat Fitzgerald Northwestern has decided to retain its assistant coaches and support staff for the 2023 season after it fired head coach Pat Fitzgerald amid a hazing scandal. Athletic director Derrick Gragg informed the coaches and staff of the decision during a meeting. There was no announcement by the school when it comes to the leadership of the program after Fitzgerald’s dismissal. The first game of the season is Sept. 3 at Rutgers. The 48-year-old Fitzgerald was fired on Monday by Northwestern President Michael Schill. Tennis – Elina Svitolina has the Ukraine war and her baby in mind as she beats Iga Swiatek Elina Svitolina is back in her first Grand Slam semifinal since 2019. She got there at Wimbledon by beating No. 1 Iga Swiatek in three sets Tuesday. Things are much different for Svitolina now than they were the last time she made it to the final four at a major tournament. She is a mother who gave birth to a daughter nine months ago and returned to the tour three months ago. And she is concerned about the war in her native Ukraine, which was invaded by Russia in February 2022. Svitolina will face Marketa Vondrousova for a berth in Saturday’s final. Novak Djokovic will play Jannik Sinner in the men’s semifinals. Golf – Saudi investment in PGA Tour will top $1 billion. And Norman will exit as CEO A PGA Tour executive has told Congress that Saudi Arabia’s sovereign wealth fund agreed to invest more than $1 billion in a new commercial entity controlled by the tour. Ron Price, the tour’s chief operating officer, also said at a hearing Tuesday that Greg Norman will be ousted as the CEO of LIV Golf if the business deal between the Saudis and the tour is finalized. The Permanent Subcommittee on Investigations is looking into the negotiations between the tour and the Saudis and the geopolitical implications of Saudi investment in American sports. However, there was no indication that Congress would block the tour from going into business with the Saudi Public Investment Fund. MWL – Midwest League Baseball Yesterday No games last night Tonight No games tonightSee omnystudio.com/listener for privacy information.

MLB – Major League Baseball Last Night 2023 MLB All-Star Game – T-Mobile Park, Seattle National League 3, American League 2 National 3, American 2 – National League snaps All-Star Game losing streak, tops AL 3-2 behind Elias Díaz homer Elias Díaz hit a two-run homer off Félix Bautista in the eighth inning, and the National League snapped a nine-game losing streak in the All-Star Game with a 3-2 win over the American League. The NL won for the first time since an 8-0 victory in 2012 in Kansas City thanks to Díaz, a catcher who became the first Rockies player to win the All-Star MVP award. Díaz, who was non-tendered by the Pirates at the end of 2019, drove a 2-2 pitch from Baltimore’s hard-throwing closer deep to left to put the NL in front. Díaz was the lone representative for Colorado in his first All-Star Game appearance. Friday Chicago White Sox at Atlanta Braves, 7:20 p.m. Boston Red Sox at Chicago Cubs, 8:05 p.m. Detroit Tigers at Seattle Mariners, 10:10 p.m. MLB – Díaz becomes unlikely All-Star MVP, 3 ½ years after cut loose by Pirates Elias Díaz may be the most unlikely All-Star MVP. Just 3 1/2 years after Pittsburgh failed to offer a contract and allowed him to become a free agent, his go-ahead, two-run homer off Félix Bautista in the eighth inning lifted the National League over the American 3-2. A first-time All-Star at age 32, the Colorado catcher put his name on an award won by Willie Mays, Joe Morgan, Frank and Brooks Robinson, both Ken Griffeys and Mike Trout. Díaz says: “I honestly can’t believe that my name is going to be next to some of those names." MLB – White Sox slugger Luis Robert Jr. out of All-Star Game due to calf tightness Chicago White Sox slugger Luis Robert Jr. did not play in the All-Star Game after feeling tightness in his right calf during the Home Run Derby. The White Sox said that Robert underwent an MRI in Seattle and is listed as day-to-day. The team said Robert felt the tightness in the calf during the opening round and did not play in the All-Star Game as a precaution. Robert will be evaluated before the White Sox restart the season on Friday in Atlanta. Robert was the No. 1 seed in the Home Run Derby and beat Baltimore’s Adley Rutschman 28-27 in the opening round. Robert lost to Tampa Bay’s Randy Arozarena in the semifinals 35-22. MLB – Atlanta’s Truist Park and Chicago’s Wrigley Field under consideration for ASG The Atlanta Braves and Chicago Cubs are under consideration for upcoming All-Star Games. Next year’s game is scheduled for the Texas Rangers’ Globe Life Field in Arlington, and the 2026 game will be at Philadelphia’s Citizens Bank Park. The 2021 All-Star Game was awarded to Atlanta’s Truist Park by Major League Baseball in 2019 but in April 2021 was moved to Denver’s Coors Field following objections to sweeping changes to Georgia’s voting laws. Commissioner Rob Manfred says “Atlanta is in the mix of clubs for the ‘25 All-Star Game.” MLB – Manfred has no intention of altering Pete Rose’s lifetime ban from baseball Baseball Commissioner Rob Manfred has no intention of altering Pete Rose’s lifetime ban from baseball and said the sport’s commercial deals with gambling companies have no impact on the status of the career hits leader. Rose agreed to a lifetime ban in 1989 after an investigation found Rose placed numerous bets on the Cincinnati Reds to win from 1985-87 while playing for and managing the team. Manfred rejected Rose’s application in 2015. Manfred says: “Pete Rose violated what is sort of rule one in baseball, and the consequences of that are clear in the rule.” MLB – MLB open to consider increasing time on pitch clock in postseason Baseball Commissioner Rob Manfred will consider increasing time on the pitch clock for the postseason but is reluctant to adjust an innovation the sport considers a great success. In the first season of the clock, the average time of a nine-inning game is 2:38, on track to be the fastest since 1984. It is down from 3:04 last year and 3:09 in 2021, the last season before PitchCom was introduced. Manfred says "we’re going to continue to talk to the players and adds: “I think you ought to play the postseason the way you play the regular season. There’s exceptions.” NBASL – NBA Summer League Last Night Chicago Bulls 107, Sacramento Kings 99 Tonight Detroit Pistons vs. Toronto Raptors, 6:00 p.m.              (at Thomas and Mack Center, Las Vegas) Indiana Pacers vs. Oklahoma City Thunder, 7:30 p.m.        (at Cox Pavilion, Las Vegas) NBA – Flopping, challenge rules changed by NBA’s Board of Governors The NBA’s Board of Governors approved two rule changes for the coming season Tuesday. One change gives coaches a second challenge if their first one is successful. The other will mean a technical foul will be called against players who flop. The challenge rule change is something that coaches have wanted for some time. Coaches who challenge a call and are successful will get the chance to make a second challenge. Teams must have a timeout in order to call for a challenge; that timeout would not be retained even if a coach won that first challenge. WNBA – Women’s National Basketball Association Today New York Liberty at Indiana Fever, 12:00 p.m. Connecticut Sun at Chicago Sky, 12:00 p.m. WNBA – WNBA All-Star skills competition now features teammates partnering up The WNBA is changing its All-Star skills challenge with the new format pitting four sets of teammates against each other in a head-to-head competition. The league announced the two-round competition on Tuesday that will include a timed obstacle course relay competition that showcases players’ agility, dribbling, passing and shooting skills. The four teams are Atlanta’s Allisha Gray and Cheyenne Parker, who are both making their All-Star debuts; Dallas’ Arike Ogunbowale and Satou Sabally; New York’s Sabrina Ionescu and Courtney Vandersloot; and Las Vegas’ Chelsea Gray and Kelsey Plum. NCAAFB – Northwestern retains assistants after firing coach Pat Fitzgerald Northwestern has decided to retain its assistant coaches and support staff for the 2023 season after it fired head coach Pat Fitzgerald amid a hazing scandal. Athletic director Derrick Gragg informed the coaches and staff of the decision during a meeting. There was no announcement by the school when it comes to the leadership of the program after Fitzgerald’s dismissal. The first game of the season is Sept. 3 at Rutgers. The 48-year-old Fitzgerald was fired on Monday by Northwestern President Michael Schill. Tennis – Elina Svitolina has the Ukraine war and her baby in mind as she beats Iga Swiatek Elina Svitolina is back in her first Grand Slam semifinal since 2019. She got there at Wimbledon by beating No. 1 Iga Swiatek in three sets Tuesday. Things are much different for Svitolina now than they were the last time she made it to the final four at a major tournament. She is a mother who gave birth to a daughter nine months ago and returned to the tour three months ago. And she is concerned about the war in her native Ukraine, which was invaded by Russia in February 2022. Svitolina will face Marketa Vondrousova for a berth in Saturday’s final. Novak Djokovic will play Jannik Sinner in the men’s semifinals. Golf – Saudi investment in PGA Tour will top $1 billion. And Norman will exit as CEO A PGA Tour executive has told Congress that Saudi Arabia’s sovereign wealth fund agreed to invest more than $1 billion in a new commercial entity controlled by the tour. Ron Price, the tour’s chief operating officer, also said at a hearing Tuesday that Greg Norman will be ousted as the CEO of LIV Golf if the business deal between the Saudis and the tour is finalized. The Permanent Subcommittee on Investigations is looking into the negotiations between the tour and the Saudis and the geopolitical implications of Saudi investment in American sports. However, there was no indication that Congress would block the tour from going into business with the Saudi Public Investment Fund. MWL – Midwest League Baseball Yesterday No games last night Tonight No games tonightSee omnystudio.com/listener for privacy information.

MLB – Major League Baseball Last Night 2023 MLB All-Star Game – T-Mobile Park, Seattle National League 3, American League 2 National 3, American 2 – National League snaps All-Star Game losing streak, tops AL 3-2 behind Elias Díaz homer Elias Díaz hit a two-run homer off Félix Bautista in the eighth inning, and the National League snapped a nine-game losing streak in the All-Star Game with a 3-2 win over the American League. The NL won for the first time since an 8-0 victory in 2012 in Kansas City thanks to Díaz, a catcher who became the first Rockies player to win the All-Star MVP award. Díaz, who was non-tendered by the Pirates at the end of 2019, drove a 2-2 pitch from Baltimore’s hard-throwing closer deep to left to put the NL in front. Díaz was the lone representative for Colorado in his first All-Star Game appearance. Friday Chicago White Sox at Atlanta Braves, 7:20 p.m. Boston Red Sox at Chicago Cubs, 8:05 p.m. Detroit Tigers at Seattle Mariners, 10:10 p.m. MLB – Díaz becomes unlikely All-Star MVP, 3 ½ years after cut loose by Pirates Elias Díaz may be the most unlikely All-Star MVP. Just 3 1/2 years after Pittsburgh failed to offer a contract and allowed him to become a free agent, his go-ahead, two-run homer off Félix Bautista in the eighth inning lifted the National League over the American 3-2. A first-time All-Star at age 32, the Colorado catcher put his name on an award won by Willie Mays, Joe Morgan, Frank and Brooks Robinson, both Ken Griffeys and Mike Trout. Díaz says: “I honestly can’t believe that my name is going to be next to some of those names." MLB – White Sox slugger Luis Robert Jr. out of All-Star Game due to calf tightness Chicago White Sox slugger Luis Robert Jr. did not play in the All-Star Game after feeling tightness in his right calf during the Home Run Derby. The White Sox said that Robert underwent an MRI in Seattle and is listed as day-to-day. The team said Robert felt the tightness in the calf during the opening round and did not play in the All-Star Game as a precaution. Robert will be evaluated before the White Sox restart the season on Friday in Atlanta. Robert was the No. 1 seed in the Home Run Derby and beat Baltimore’s Adley Rutschman 28-27 in the opening round. Robert lost to Tampa Bay’s Randy Arozarena in the semifinals 35-22. MLB – Atlanta’s Truist Park and Chicago’s Wrigley Field under consideration for ASG The Atlanta Braves and Chicago Cubs are under consideration for upcoming All-Star Games. Next year’s game is scheduled for the Texas Rangers’ Globe Life Field in Arlington, and the 2026 game will be at Philadelphia’s Citizens Bank Park. The 2021 All-Star Game was awarded to Atlanta’s Truist Park by Major League Baseball in 2019 but in April 2021 was moved to Denver’s Coors Field following objections to sweeping changes to Georgia’s voting laws. Commissioner Rob Manfred says “Atlanta is in the mix of clubs for the ‘25 All-Star Game.” MLB – Manfred has no intention of altering Pete Rose’s lifetime ban from baseball Baseball Commissioner Rob Manfred has no intention of altering Pete Rose’s lifetime ban from baseball and said the sport’s commercial deals with gambling companies have no impact on the status of the career hits leader. Rose agreed to a lifetime ban in 1989 after an investigation found Rose placed numerous bets on the Cincinnati Reds to win from 1985-87 while playing for and managing the team. Manfred rejected Rose’s application in 2015. Manfred says: “Pete Rose violated what is sort of rule one in baseball, and the consequences of that are clear in the rule.” MLB – MLB open to consider increasing time on pitch clock in postseason Baseball Commissioner Rob Manfred will consider increasing time on the pitch clock for the postseason but is reluctant to adjust an innovation the sport considers a great success. In the first season of the clock, the average time of a nine-inning game is 2:38, on track to be the fastest since 1984. It is down from 3:04 last year and 3:09 in 2021, the last season before PitchCom was introduced. Manfred says "we’re going to continue to talk to the players and adds: “I think you ought to play the postseason the way you play the regular season. There’s exceptions.” NBASL – NBA Summer League Last Night Chicago Bulls 107, Sacramento Kings 99 Tonight Detroit Pistons vs. Toronto Raptors, 6:00 p.m.              (at Thomas and Mack Center, Las Vegas) Indiana Pacers vs. Oklahoma City Thunder, 7:30 p.m.        (at Cox Pavilion, Las Vegas) NBA – Flopping, challenge rules changed by NBA’s Board of Governors The NBA’s Board of Governors approved two rule changes for the coming season Tuesday. One change gives coaches a second challenge if their first one is successful. The other will mean a technical foul will be called against players who flop. The challenge rule change is something that coaches have wanted for some time. Coaches who challenge a call and are successful will get the chance to make a second challenge. Teams must have a timeout in order to call for a challenge; that timeout would not be retained even if a coach won that first challenge. WNBA – Women’s National Basketball Association Today New York Liberty at Indiana Fever, 12:00 p.m. Connecticut Sun at Chicago Sky, 12:00 p.m. WNBA – WNBA All-Star skills competition now features teammates partnering up The WNBA is changing its All-Star skills challenge with the new format pitting four sets of teammates against each other in a head-to-head competition. The league announced the two-round competition on Tuesday that will include a timed obstacle course relay competition that showcases players’ agility, dribbling, passing and shooting skills. The four teams are Atlanta’s Allisha Gray and Cheyenne Parker, who are both making their All-Star debuts; Dallas’ Arike Ogunbowale and Satou Sabally; New York’s Sabrina Ionescu and Courtney Vandersloot; and Las Vegas’ Chelsea Gray and Kelsey Plum. NCAAFB – Northwestern retains assistants after firing coach Pat Fitzgerald Northwestern has decided to retain its assistant coaches and support staff for the 2023 season after it fired head coach Pat Fitzgerald amid a hazing scandal. Athletic director Derrick Gragg informed the coaches and staff of the decision during a meeting. There was no announcement by the school when it comes to the leadership of the program after Fitzgerald’s dismissal. The first game of the season is Sept. 3 at Rutgers. The 48-year-old Fitzgerald was fired on Monday by Northwestern President Michael Schill. Tennis – Elina Svitolina has the Ukraine war and her baby in mind as she beats Iga Swiatek Elina Svitolina is back in her first Grand Slam semifinal since 2019. She got there at Wimbledon by beating No. 1 Iga Swiatek in three sets Tuesday. Things are much different for Svitolina now than they were the last time she made it to the final four at a major tournament. She is a mother who gave birth to a daughter nine months ago and returned to the tour three months ago. And she is concerned about the war in her native Ukraine, which was invaded by Russia in February 2022. Svitolina will face Marketa Vondrousova for a berth in Saturday’s final. Novak Djokovic will play Jannik Sinner in the men’s semifinals. Golf – Saudi investment in PGA Tour will top $1 billion. And Norman will exit as CEO A PGA Tour executive has told Congress that Saudi Arabia’s sovereign wealth fund agreed to invest more than $1 billion in a new commercial entity controlled by the tour. Ron Price, the tour’s chief operating officer, also said at a hearing Tuesday that Greg Norman will be ousted as the CEO of LIV Golf if the business deal between the Saudis and the tour is finalized. The Permanent Subcommittee on Investigations is looking into the negotiations between the tour and the Saudis and the geopolitical implications of Saudi investment in American sports. However, there was no indication that Congress would block the tour from going into business with the Saudi Public Investment Fund. MWL – Midwest League Baseball Yesterday No games last night Tonight No games tonightSee omnystudio.com/listener for privacy information.

MLB – Major League Baseball Last Night 2023 MLB All-Star Game – T-Mobile Park, Seattle National League 3, American League 2 National 3, American 2 – National League snaps All-Star Game losing streak, tops AL 3-2 behind Elias Díaz homer Elias Díaz hit a two-run homer off Félix Bautista in the eighth inning, and the National League snapped a nine-game losing streak in the All-Star Game with a 3-2 win over the American League. The NL won for the first time since an 8-0 victory in 2012 in Kansas City thanks to Díaz, a catcher who became the first Rockies player to win the All-Star MVP award. Díaz, who was non-tendered by the Pirates at the end of 2019, drove a 2-2 pitch from Baltimore’s hard-throwing closer deep to left to put the NL in front. Díaz was the lone representative for Colorado in his first All-Star Game appearance. Friday Chicago White Sox at Atlanta Braves, 7:20 p.m. Boston Red Sox at Chicago Cubs, 8:05 p.m. Detroit Tigers at Seattle Mariners, 10:10 p.m. MLB – Díaz becomes unlikely All-Star MVP, 3 ½ years after cut loose by Pirates Elias Díaz may be the most unlikely All-Star MVP. Just 3 1/2 years after Pittsburgh failed to offer a contract and allowed him to become a free agent, his go-ahead, two-run homer off Félix Bautista in the eighth inning lifted the National League over the American 3-2. A first-time All-Star at age 32, the Colorado catcher put his name on an award won by Willie Mays, Joe Morgan, Frank and Brooks Robinson, both Ken Griffeys and Mike Trout. Díaz says: “I honestly can’t believe that my name is going to be next to some of those names." MLB – White Sox slugger Luis Robert Jr. out of All-Star Game due to calf tightness Chicago White Sox slugger Luis Robert Jr. did not play in the All-Star Game after feeling tightness in his right calf during the Home Run Derby. The White Sox said that Robert underwent an MRI in Seattle and is listed as day-to-day. The team said Robert felt the tightness in the calf during the opening round and did not play in the All-Star Game as a precaution. Robert will be evaluated before the White Sox restart the season on Friday in Atlanta. Robert was the No. 1 seed in the Home Run Derby and beat Baltimore’s Adley Rutschman 28-27 in the opening round. Robert lost to Tampa Bay’s Randy Arozarena in the semifinals 35-22. MLB – Atlanta’s Truist Park and Chicago’s Wrigley Field under consideration for ASG The Atlanta Braves and Chicago Cubs are under consideration for upcoming All-Star Games. Next year’s game is scheduled for the Texas Rangers’ Globe Life Field in Arlington, and the 2026 game will be at Philadelphia’s Citizens Bank Park. The 2021 All-Star Game was awarded to Atlanta’s Truist Park by Major League Baseball in 2019 but in April 2021 was moved to Denver’s Coors Field following objections to sweeping changes to Georgia’s voting laws. Commissioner Rob Manfred says “Atlanta is in the mix of clubs for the ‘25 All-Star Game.” MLB – Manfred has no intention of altering Pete Rose’s lifetime ban from baseball Baseball Commissioner Rob Manfred has no intention of altering Pete Rose’s lifetime ban from baseball and said the sport’s commercial deals with gambling companies have no impact on the status of the career hits leader. Rose agreed to a lifetime ban in 1989 after an investigation found Rose placed numerous bets on the Cincinnati Reds to win from 1985-87 while playing for and managing the team. Manfred rejected Rose’s application in 2015. Manfred says: “Pete Rose violated what is sort of rule one in baseball, and the consequences of that are clear in the rule.” MLB – MLB open to consider increasing time on pitch clock in postseason Baseball Commissioner Rob Manfred will consider increasing time on the pitch clock for the postseason but is reluctant to adjust an innovation the sport considers a great success. In the first season of the clock, the average time of a nine-inning game is 2:38, on track to be the fastest since 1984. It is down from 3:04 last year and 3:09 in 2021, the last season before PitchCom was introduced. Manfred says "we’re going to continue to talk to the players and adds: “I think you ought to play the postseason the way you play the regular season. There’s exceptions.” NBASL – NBA Summer League Last Night Chicago Bulls 107, Sacramento Kings 99 Tonight Detroit Pistons vs. Toronto Raptors, 6:00 p.m.              (at Thomas and Mack Center, Las Vegas) Indiana Pacers vs. Oklahoma City Thunder, 7:30 p.m.        (at Cox Pavilion, Las Vegas) NBA – Flopping, challenge rules changed by NBA’s Board of Governors The NBA’s Board of Governors approved two rule changes for the coming season Tuesday. One change gives coaches a second challenge if their first one is successful. The other will mean a technical foul will be called against players who flop. The challenge rule change is something that coaches have wanted for some time. Coaches who challenge a call and are successful will get the chance to make a second challenge. Teams must have a timeout in order to call for a challenge; that timeout would not be retained even if a coach won that first challenge. WNBA – Women’s National Basketball Association Today New York Liberty at Indiana Fever, 12:00 p.m. Connecticut Sun at Chicago Sky, 12:00 p.m. WNBA – WNBA All-Star skills competition now features teammates partnering up The WNBA is changing its All-Star skills challenge with the new format pitting four sets of teammates against each other in a head-to-head competition. The league announced the two-round competition on Tuesday that will include a timed obstacle course relay competition that showcases players’ agility, dribbling, passing and shooting skills. The four teams are Atlanta’s Allisha Gray and Cheyenne Parker, who are both making their All-Star debuts; Dallas’ Arike Ogunbowale and Satou Sabally; New York’s Sabrina Ionescu and Courtney Vandersloot; and Las Vegas’ Chelsea Gray and Kelsey Plum. NCAAFB – Northwestern retains assistants after firing coach Pat Fitzgerald Northwestern has decided to retain its assistant coaches and support staff for the 2023 season after it fired head coach Pat Fitzgerald amid a hazing scandal. Athletic director Derrick Gragg informed the coaches and staff of the decision during a meeting. There was no announcement by the school when it comes to the leadership of the program after Fitzgerald’s dismissal. The first game of the season is Sept. 3 at Rutgers. The 48-year-old Fitzgerald was fired on Monday by Northwestern President Michael Schill. Tennis – Elina Svitolina has the Ukraine war and her baby in mind as she beats Iga Swiatek Elina Svitolina is back in her first Grand Slam semifinal since 2019. She got there at Wimbledon by beating No. 1 Iga Swiatek in three sets Tuesday. Things are much different for Svitolina now than they were the last time she made it to the final four at a major tournament. She is a mother who gave birth to a daughter nine months ago and returned to the tour three months ago. And she is concerned about the war in her native Ukraine, which was invaded by Russia in February 2022. Svitolina will face Marketa Vondrousova for a berth in Saturday’s final. Novak Djokovic will play Jannik Sinner in the men’s semifinals. Golf – Saudi investment in PGA Tour will top $1 billion. And Norman will exit as CEO A PGA Tour executive has told Congress that Saudi Arabia’s sovereign wealth fund agreed to invest more than $1 billion in a new commercial entity controlled by the tour. Ron Price, the tour’s chief operating officer, also said at a hearing Tuesday that Greg Norman will be ousted as the CEO of LIV Golf if the business deal between the Saudis and the tour is finalized. The Permanent Subcommittee on Investigations is looking into the negotiations between the tour and the Saudis and the geopolitical implications of Saudi investment in American sports. However, there was no indication that Congress would block the tour from going into business with the Saudi Public Investment Fund. MWL – Midwest League Baseball Yesterday No games last night Tonight No games tonightSee omnystudio.com/listener for privacy information.

MLB – Major League Baseball Last Night 2023 MLB All-Star Game – T-Mobile Park, Seattle National League 3, American League 2 National 3, American 2 – National League snaps All-Star Game losing streak, tops AL 3-2 behind Elias Díaz homer Elias Díaz hit a two-run homer off Félix Bautista in the eighth inning, and the National League snapped a nine-game losing streak in the All-Star Game with a 3-2 win over the American League. The NL won for the first time since an 8-0 victory in 2012 in Kansas City thanks to Díaz, a catcher who became the first Rockies player to win the All-Star MVP award. Díaz, who was non-tendered by the Pirates at the end of 2019, drove a 2-2 pitch from Baltimore’s hard-throwing closer deep to left to put the NL in front. Díaz was the lone representative for Colorado in his first All-Star Game appearance. Friday Chicago White Sox at Atlanta Braves, 7:20 p.m. Boston Red Sox at Chicago Cubs, 8:05 p.m. Detroit Tigers at Seattle Mariners, 10:10 p.m. MLB – Díaz becomes unlikely All-Star MVP, 3 ½ years after cut loose by Pirates Elias Díaz may be the most unlikely All-Star MVP. Just 3 1/2 years after Pittsburgh failed to offer a contract and allowed him to become a free agent, his go-ahead, two-run homer off Félix Bautista in the eighth inning lifted the National League over the American 3-2. A first-time All-Star at age 32, the Colorado catcher put his name on an award won by Willie Mays, Joe Morgan, Frank and Brooks Robinson, both Ken Griffeys and Mike Trout. Díaz says: “I honestly can’t believe that my name is going to be next to some of those names." MLB – White Sox slugger Luis Robert Jr. out of All-Star Game due to calf tightness Chicago White Sox slugger Luis Robert Jr. did not play in the All-Star Game after feeling tightness in his right calf during the Home Run Derby. The White Sox said that Robert underwent an MRI in Seattle and is listed as day-to-day. The team said Robert felt the tightness in the calf during the opening round and did not play in the All-Star Game as a precaution. Robert will be evaluated before the White Sox restart the season on Friday in Atlanta. Robert was the No. 1 seed in the Home Run Derby and beat Baltimore’s Adley Rutschman 28-27 in the opening round. Robert lost to Tampa Bay’s Randy Arozarena in the semifinals 35-22. MLB – Atlanta’s Truist Park and Chicago’s Wrigley Field under consideration for ASG The Atlanta Braves and Chicago Cubs are under consideration for upcoming All-Star Games. Next year’s game is scheduled for the Texas Rangers’ Globe Life Field in Arlington, and the 2026 game will be at Philadelphia’s Citizens Bank Park. The 2021 All-Star Game was awarded to Atlanta’s Truist Park by Major League Baseball in 2019 but in April 2021 was moved to Denver’s Coors Field following objections to sweeping changes to Georgia’s voting laws. Commissioner Rob Manfred says “Atlanta is in the mix of clubs for the ‘25 All-Star Game.” MLB – Manfred has no intention of altering Pete Rose’s lifetime ban from baseball Baseball Commissioner Rob Manfred has no intention of altering Pete Rose’s lifetime ban from baseball and said the sport’s commercial deals with gambling companies have no impact on the status of the career hits leader. Rose agreed to a lifetime ban in 1989 after an investigation found Rose placed numerous bets on the Cincinnati Reds to win from 1985-87 while playing for and managing the team. Manfred rejected Rose’s application in 2015. Manfred says: “Pete Rose violated what is sort of rule one in baseball, and the consequences of that are clear in the rule.” MLB – MLB open to consider increasing time on pitch clock in postseason Baseball Commissioner Rob Manfred will consider increasing time on the pitch clock for the postseason but is reluctant to adjust an innovation the sport considers a great success. In the first season of the clock, the average time of a nine-inning game is 2:38, on track to be the fastest since 1984. It is down from 3:04 last year and 3:09 in 2021, the last season before PitchCom was introduced. Manfred says "we’re going to continue to talk to the players and adds: “I think you ought to play the postseason the way you play the regular season. There’s exceptions.” NBASL – NBA Summer League Last Night Chicago Bulls 107, Sacramento Kings 99 Tonight Detroit Pistons vs. Toronto Raptors, 6:00 p.m.              (at Thomas and Mack Center, Las Vegas) Indiana Pacers vs. Oklahoma City Thunder, 7:30 p.m.        (at Cox Pavilion, Las Vegas) NBA – Flopping, challenge rules changed by NBA’s Board of Governors The NBA’s Board of Governors approved two rule changes for the coming season Tuesday. One change gives coaches a second challenge if their first one is successful. The other will mean a technical foul will be called against players who flop. The challenge rule change is something that coaches have wanted for some time. Coaches who challenge a call and are successful will get the chance to make a second challenge. Teams must have a timeout in order to call for a challenge; that timeout would not be retained even if a coach won that first challenge. WNBA – Women’s National Basketball Association Today New York Liberty at Indiana Fever, 12:00 p.m. Connecticut Sun at Chicago Sky, 12:00 p.m. WNBA – WNBA All-Star skills competition now features teammates partnering up The WNBA is changing its All-Star skills challenge with the new format pitting four sets of teammates against each other in a head-to-head competition. The league announced the two-round competition on Tuesday that will include a timed obstacle course relay competition that showcases players’ agility, dribbling, passing and shooting skills. The four teams are Atlanta’s Allisha Gray and Cheyenne Parker, who are both making their All-Star debuts; Dallas’ Arike Ogunbowale and Satou Sabally; New York’s Sabrina Ionescu and Courtney Vandersloot; and Las Vegas’ Chelsea Gray and Kelsey Plum. NCAAFB – Northwestern retains assistants after firing coach Pat Fitzgerald Northwestern has decided to retain its assistant coaches and support staff for the 2023 season after it fired head coach Pat Fitzgerald amid a hazing scandal. Athletic director Derrick Gragg informed the coaches and staff of the decision during a meeting. There was no announcement by the school when it comes to the leadership of the program after Fitzgerald’s dismissal. The first game of the season is Sept. 3 at Rutgers. The 48-year-old Fitzgerald was fired on Monday by Northwestern President Michael Schill. Tennis – Elina Svitolina has the Ukraine war and her baby in mind as she beats Iga Swiatek Elina Svitolina is back in her first Grand Slam semifinal since 2019. She got there at Wimbledon by beating No. 1 Iga Swiatek in three sets Tuesday. Things are much different for Svitolina now than they were the last time she made it to the final four at a major tournament. She is a mother who gave birth to a daughter nine months ago and returned to the tour three months ago. And she is concerned about the war in her native Ukraine, which was invaded by Russia in February 2022. Svitolina will face Marketa Vondrousova for a berth in Saturday’s final. Novak Djokovic will play Jannik Sinner in the men’s semifinals. Golf – Saudi investment in PGA Tour will top $1 billion. And Norman will exit as CEO A PGA Tour executive has told Congress that Saudi Arabia’s sovereign wealth fund agreed to invest more than $1 billion in a new commercial entity controlled by the tour. Ron Price, the tour’s chief operating officer, also said at a hearing Tuesday that Greg Norman will be ousted as the CEO of LIV Golf if the business deal between the Saudis and the tour is finalized. The Permanent Subcommittee on Investigations is looking into the negotiations between the tour and the Saudis and the geopolitical implications of Saudi investment in American sports. However, there was no indication that Congress would block the tour from going into business with the Saudi Public Investment Fund. MWL – Midwest League Baseball Yesterday No games last night Tonight No games tonightSee omnystudio.com/listener for privacy information.

MLB – Major League Baseball Last Night 2023 MLB All-Star Game – T-Mobile Park, Seattle National League 3, American League 2 National 3, American 2 – National League snaps All-Star Game losing streak, tops AL 3-2 behind Elias Díaz homer Elias Díaz hit a two-run homer off Félix Bautista in the eighth inning, and the National League snapped a nine-game losing streak in the All-Star Game with a 3-2 win over the American League. The NL won for the first time since an 8-0 victory in 2012 in Kansas City thanks to Díaz, a catcher who became the first Rockies player to win the All-Star MVP award. Díaz, who was non-tendered by the Pirates at the end of 2019, drove a 2-2 pitch from Baltimore’s hard-throwing closer deep to left to put the NL in front. Díaz was the lone representative for Colorado in his first All-Star Game appearance. Friday Chicago White Sox at Atlanta Braves, 7:20 p.m. Boston Red Sox at Chicago Cubs, 8:05 p.m. Detroit Tigers at Seattle Mariners, 10:10 p.m. MLB – Díaz becomes unlikely All-Star MVP, 3 ½ years after cut loose by Pirates Elias Díaz may be the most unlikely All-Star MVP. Just 3 1/2 years after Pittsburgh failed to offer a contract and allowed him to become a free agent, his go-ahead, two-run homer off Félix Bautista in the eighth inning lifted the National League over the American 3-2. A first-time All-Star at age 32, the Colorado catcher put his name on an award won by Willie Mays, Joe Morgan, Frank and Brooks Robinson, both Ken Griffeys and Mike Trout. Díaz says: “I honestly can’t believe that my name is going to be next to some of those names." MLB – White Sox slugger Luis Robert Jr. out of All-Star Game due to calf tightness Chicago White Sox slugger Luis Robert Jr. did not play in the All-Star Game after feeling tightness in his right calf during the Home Run Derby. The White Sox said that Robert underwent an MRI in Seattle and is listed as day-to-day. The team said Robert felt the tightness in the calf during the opening round and did not play in the All-Star Game as a precaution. Robert will be evaluated before the White Sox restart the season on Friday in Atlanta. Robert was the No. 1 seed in the Home Run Derby and beat Baltimore’s Adley Rutschman 28-27 in the opening round. Robert lost to Tampa Bay’s Randy Arozarena in the semifinals 35-22. MLB – Atlanta’s Truist Park and Chicago’s Wrigley Field under consideration for ASG The Atlanta Braves and Chicago Cubs are under consideration for upcoming All-Star Games. Next year’s game is scheduled for the Texas Rangers’ Globe Life Field in Arlington, and the 2026 game will be at Philadelphia’s Citizens Bank Park. The 2021 All-Star Game was awarded to Atlanta’s Truist Park by Major League Baseball in 2019 but in April 2021 was moved to Denver’s Coors Field following objections to sweeping changes to Georgia’s voting laws. Commissioner Rob Manfred says “Atlanta is in the mix of clubs for the ‘25 All-Star Game.” MLB – Manfred has no intention of altering Pete Rose’s lifetime ban from baseball Baseball Commissioner Rob Manfred has no intention of altering Pete Rose’s lifetime ban from baseball and said the sport’s commercial deals with gambling companies have no impact on the status of the career hits leader. Rose agreed to a lifetime ban in 1989 after an investigation found Rose placed numerous bets on the Cincinnati Reds to win from 1985-87 while playing for and managing the team. Manfred rejected Rose’s application in 2015. Manfred says: “Pete Rose violated what is sort of rule one in baseball, and the consequences of that are clear in the rule.” MLB – MLB open to consider increasing time on pitch clock in postseason Baseball Commissioner Rob Manfred will consider increasing time on the pitch clock for the postseason but is reluctant to adjust an innovation the sport considers a great success. In the first season of the clock, the average time of a nine-inning game is 2:38, on track to be the fastest since 1984. It is down from 3:04 last year and 3:09 in 2021, the last season before PitchCom was introduced. Manfred says "we’re going to continue to talk to the players and adds: “I think you ought to play the postseason the way you play the regular season. There’s exceptions.” NBASL – NBA Summer League Last Night Chicago Bulls 107, Sacramento Kings 99 Tonight Detroit Pistons vs. Toronto Raptors, 6:00 p.m.              (at Thomas and Mack Center, Las Vegas) Indiana Pacers vs. Oklahoma City Thunder, 7:30 p.m.        (at Cox Pavilion, Las Vegas) NBA – Flopping, challenge rules changed by NBA’s Board of Governors The NBA’s Board of Governors approved two rule changes for the coming season Tuesday. One change gives coaches a second challenge if their first one is successful. The other will mean a technical foul will be called against players who flop. The challenge rule change is something that coaches have wanted for some time. Coaches who challenge a call and are successful will get the chance to make a second challenge. Teams must have a timeout in order to call for a challenge; that timeout would not be retained even if a coach won that first challenge. WNBA – Women’s National Basketball Association Today New York Liberty at Indiana Fever, 12:00 p.m. Connecticut Sun at Chicago Sky, 12:00 p.m. WNBA – WNBA All-Star skills competition now features teammates partnering up The WNBA is changing its All-Star skills challenge with the new format pitting four sets of teammates against each other in a head-to-head competition. The league announced the two-round competition on Tuesday that will include a timed obstacle course relay competition that showcases players’ agility, dribbling, passing and shooting skills. The four teams are Atlanta’s Allisha Gray and Cheyenne Parker, who are both making their All-Star debuts; Dallas’ Arike Ogunbowale and Satou Sabally; New York’s Sabrina Ionescu and Courtney Vandersloot; and Las Vegas’ Chelsea Gray and Kelsey Plum. NCAAFB – Northwestern retains assistants after firing coach Pat Fitzgerald Northwestern has decided to retain its assistant coaches and support staff for the 2023 season after it fired head coach Pat Fitzgerald amid a hazing scandal. Athletic director Derrick Gragg informed the coaches and staff of the decision during a meeting. There was no announcement by the school when it comes to the leadership of the program after Fitzgerald’s dismissal. The first game of the season is Sept. 3 at Rutgers. The 48-year-old Fitzgerald was fired on Monday by Northwestern President Michael Schill. Tennis – Elina Svitolina has the Ukraine war and her baby in mind as she beats Iga Swiatek Elina Svitolina is back in her first Grand Slam semifinal since 2019. She got there at Wimbledon by beating No. 1 Iga Swiatek in three sets Tuesday. Things are much different for Svitolina now than they were the last time she made it to the final four at a major tournament. She is a mother who gave birth to a daughter nine months ago and returned to the tour three months ago. And she is concerned about the war in her native Ukraine, which was invaded by Russia in February 2022. Svitolina will face Marketa Vondrousova for a berth in Saturday’s final. Novak Djokovic will play Jannik Sinner in the men’s semifinals. Golf – Saudi investment in PGA Tour will top $1 billion. And Norman will exit as CEO A PGA Tour executive has told Congress that Saudi Arabia’s sovereign wealth fund agreed to invest more than $1 billion in a new commercial entity controlled by the tour. Ron Price, the tour’s chief operating officer, also said at a hearing Tuesday that Greg Norman will be ousted as the CEO of LIV Golf if the business deal between the Saudis and the tour is finalized. The Permanent Subcommittee on Investigations is looking into the negotiations between the tour and the Saudis and the geopolitical implications of Saudi investment in American sports. However, there was no indication that Congress would block the tour from going into business with the Saudi Public Investment Fund. MWL – Midwest League Baseball Yesterday No games last night Tonight No games tonightSee omnystudio.com/listener for privacy information.

MLB – Major League Baseball Last Night 2023 MLB All-Star Game – T-Mobile Park, Seattle National League 3, American League 2 National 3, American 2 – National League snaps All-Star Game losing streak, tops AL 3-2 behind Elias Díaz homer Elias Díaz hit a two-run homer off Félix Bautista in the eighth inning, and the National League snapped a nine-game losing streak in the All-Star Game with a 3-2 win over the American League. The NL won for the first time since an 8-0 victory in 2012 in Kansas City thanks to Díaz, a catcher who became the first Rockies player to win the All-Star MVP award. Díaz, who was non-tendered by the Pirates at the end of 2019, drove a 2-2 pitch from Baltimore’s hard-throwing closer deep to left to put the NL in front. Díaz was the lone representative for Colorado in his first All-Star Game appearance. Friday Chicago White Sox at Atlanta Braves, 7:20 p.m. Boston Red Sox at Chicago Cubs, 8:05 p.m. Detroit Tigers at Seattle Mariners, 10:10 p.m. MLB – Díaz becomes unlikely All-Star MVP, 3 ½ years after cut loose by Pirates Elias Díaz may be the most unlikely All-Star MVP. Just 3 1/2 years after Pittsburgh failed to offer a contract and allowed him to become a free agent, his go-ahead, two-run homer off Félix Bautista in the eighth inning lifted the National League over the American 3-2. A first-time All-Star at age 32, the Colorado catcher put his name on an award won by Willie Mays, Joe Morgan, Frank and Brooks Robinson, both Ken Griffeys and Mike Trout. Díaz says: “I honestly can’t believe that my name is going to be next to some of those names." MLB – White Sox slugger Luis Robert Jr. out of All-Star Game due to calf tightness Chicago White Sox slugger Luis Robert Jr. did not play in the All-Star Game after feeling tightness in his right calf during the Home Run Derby. The White Sox said that Robert underwent an MRI in Seattle and is listed as day-to-day. The team said Robert felt the tightness in the calf during the opening round and did not play in the All-Star Game as a precaution. Robert will be evaluated before the White Sox restart the season on Friday in Atlanta. Robert was the No. 1 seed in the Home Run Derby and beat Baltimore’s Adley Rutschman 28-27 in the opening round. Robert lost to Tampa Bay’s Randy Arozarena in the semifinals 35-22. MLB – Atlanta’s Truist Park and Chicago’s Wrigley Field under consideration for ASG The Atlanta Braves and Chicago Cubs are under consideration for upcoming All-Star Games. Next year’s game is scheduled for the Texas Rangers’ Globe Life Field in Arlington, and the 2026 game will be at Philadelphia’s Citizens Bank Park. The 2021 All-Star Game was awarded to Atlanta’s Truist Park by Major League Baseball in 2019 but in April 2021 was moved to Denver’s Coors Field following objections to sweeping changes to Georgia’s voting laws. Commissioner Rob Manfred says “Atlanta is in the mix of clubs for the ‘25 All-Star Game.” MLB – Manfred has no intention of altering Pete Rose’s lifetime ban from baseball Baseball Commissioner Rob Manfred has no intention of altering Pete Rose’s lifetime ban from baseball and said the sport’s commercial deals with gambling companies have no impact on the status of the career hits leader. Rose agreed to a lifetime ban in 1989 after an investigation found Rose placed numerous bets on the Cincinnati Reds to win from 1985-87 while playing for and managing the team. Manfred rejected Rose’s application in 2015. Manfred says: “Pete Rose violated what is sort of rule one in baseball, and the consequences of that are clear in the rule.” MLB – MLB open to consider increasing time on pitch clock in postseason Baseball Commissioner Rob Manfred will consider increasing time on the pitch clock for the postseason but is reluctant to adjust an innovation the sport considers a great success. In the first season of the clock, the average time of a nine-inning game is 2:38, on track to be the fastest since 1984. It is down from 3:04 last year and 3:09 in 2021, the last season before PitchCom was introduced. Manfred says "we’re going to continue to talk to the players and adds: “I think you ought to play the postseason the way you play the regular season. There’s exceptions.” NBASL – NBA Summer League Last Night Chicago Bulls 107, Sacramento Kings 99 Tonight Detroit Pistons vs. Toronto Raptors, 6:00 p.m.              (at Thomas and Mack Center, Las Vegas) Indiana Pacers vs. Oklahoma City Thunder, 7:30 p.m.        (at Cox Pavilion, Las Vegas) NBA – Flopping, challenge rules changed by NBA’s Board of Governors The NBA’s Board of Governors approved two rule changes for the coming season Tuesday. One change gives coaches a second challenge if their first one is successful. The other will mean a technical foul will be called against players who flop. The challenge rule change is something that coaches have wanted for some time. Coaches who challenge a call and are successful will get the chance to make a second challenge. Teams must have a timeout in order to call for a challenge; that timeout would not be retained even if a coach won that first challenge. WNBA – Women’s National Basketball Association Today New York Liberty at Indiana Fever, 12:00 p.m. Connecticut Sun at Chicago Sky, 12:00 p.m. WNBA – WNBA All-Star skills competition now features teammates partnering up The WNBA is changing its All-Star skills challenge with the new format pitting four sets of teammates against each other in a head-to-head competition. The league announced the two-round competition on Tuesday that will include a timed obstacle course relay competition that showcases players’ agility, dribbling, passing and shooting skills. The four teams are Atlanta’s Allisha Gray and Cheyenne Parker, who are both making their All-Star debuts; Dallas’ Arike Ogunbowale and Satou Sabally; New York’s Sabrina Ionescu and Courtney Vandersloot; and Las Vegas’ Chelsea Gray and Kelsey Plum. NCAAFB – Northwestern retains assistants after firing coach Pat Fitzgerald Northwestern has decided to retain its assistant coaches and support staff for the 2023 season after it fired head coach Pat Fitzgerald amid a hazing scandal. Athletic director Derrick Gragg informed the coaches and staff of the decision during a meeting. There was no announcement by the school when it comes to the leadership of the program after Fitzgerald’s dismissal. The first game of the season is Sept. 3 at Rutgers. The 48-year-old Fitzgerald was fired on Monday by Northwestern President Michael Schill. Tennis – Elina Svitolina has the Ukraine war and her baby in mind as she beats Iga Swiatek Elina Svitolina is back in her first Grand Slam semifinal since 2019. She got there at Wimbledon by beating No. 1 Iga Swiatek in three sets Tuesday. Things are much different for Svitolina now than they were the last time she made it to the final four at a major tournament. She is a mother who gave birth to a daughter nine months ago and returned to the tour three months ago. And she is concerned about the war in her native Ukraine, which was invaded by Russia in February 2022. Svitolina will face Marketa Vondrousova for a berth in Saturday’s final. Novak Djokovic will play Jannik Sinner in the men’s semifinals. Golf – Saudi investment in PGA Tour will top $1 billion. And Norman will exit as CEO A PGA Tour executive has told Congress that Saudi Arabia’s sovereign wealth fund agreed to invest more than $1 billion in a new commercial entity controlled by the tour. Ron Price, the tour’s chief operating officer, also said at a hearing Tuesday that Greg Norman will be ousted as the CEO of LIV Golf if the business deal between the Saudis and the tour is finalized. The Permanent Subcommittee on Investigations is looking into the negotiations between the tour and the Saudis and the geopolitical implications of Saudi investment in American sports. However, there was no indication that Congress would block the tour from going into business with the Saudi Public Investment Fund. MWL – Midwest League Baseball Yesterday No games last night Tonight No games tonightSee omnystudio.com/listener for privacy information.

Ann previews the US Women's Open with long time golf journalist, author and LPGA Historian Steve Eubanks; and visits with Colin Burns, former General Manager of Winged Foot, who recently won a Lifetime Achievement Award from Prince Albert of Monaco, in addition to Ann recapping news about the proposed agreement between the PGA Tour, DP World Tour and the Saudi Public Investment Fund.

Ann visits with Colin Burns, former General Manager of Winged Foot, who recently won a Lifetime Achievement Award from Prince Albert of Monaco, in addition to Ann recapping news about the proposed agreement between the PGA Tour, DP World Tour and the Saudi Public Investment Fund.

Patrick and Seth catch their breath in what's usually a quieter time of the year to look at the sports of summer. How do bookmakers keep up with the in-game odds when the Angels scored 24 runs in a game? And for low-data events like the London MLB series, how is the over/under handicapped? In the aftermath of the NBA Draft the fellas discuss the controversy surrounding Shams Charania and the 2nd overall pick. In the light of suspensions of NFL players for betting on sports, what are the leagues (and their partners) getting right and wrong? And while the Saudi Public Investment Fund isn't completely over the finish line with the PGA they're continuing to look elsewhere and flex their financial muscle. Which team (or league) will they next look to add to their trophy case?

On this episode, the guys review the last week of football including the announcement Gregg Berhalter is back to the USMNT. We then get into all transfer rumors before getting into some Saudi Public Investment Fund talk.

It's our first episode back after the the PGA TOUR shocked the world and announced they will be taking on outside capital from the Saudi Public Investment Fund. There's a lot to unpack here, and we've brought in our good friend, Tyler Brown, to help shed light on where this is all heading. After a sparkling collegiate career at the University of Florida, Tyler Brown also tried his hand at professional golf before turning to the corporate world. Tyler brings a unique perspective on the business side of golf, and how he thinks it's all going to shake out.They called it a merger, but it feels like something completely different, and there's a lot of unanswered questions looming around the future of the PGA TOUR, LIV Golf and the concept of team golf.Keep it down the middle-ish.Link from this episode:Follow Straight Down the Middle'ish on Twitter: @SDTMishPodcastConnect with Tyler: Tyler BrownIf you like living forever, and you like golf, then you're going to LOVE Live Forever Golf.Enter discount code "LFG20" for 20% off your next order at LiveForeverGolf.comStraight Down the Middle'ish is brought to you by Live Forever Golf. Check out our Final Few collection to get great deals on our clearance inventory! Free shipping on all orders over $100.

This is a free preview of a paid episode. To hear more, visit www.americanprestigepod.comDanny and Derek welcome David Roth and Chris Thompson of Defector to the pod for a discussion of the PGA Tour-LIV Golf merger. They discuss the 2022 launch of LIV Golf, the initial competition between the two entities, the Saudi Public Investment Fund, the antitrust questions surrounding the merger, what exactly LIV's brand is, Saudia Arabia's motives b…

Ann visits with Andy Bessette of Travelers to discuss this weeks Travelers Championship and its strong field. his thoughts on the proposed merger between the PGA Tour, DP World Tour and the Saudi Public Investment Fund.

Ann breaks down US Open golf, previewing the Final Round. Andy Bessette of Travelers joins Ann to talk about this week's Travelers Championship and it's strong field, his thoughts on the proposed merger between the PGA Tour, DP World Tour and the Saudi Public Investment Fund; long-time caddie Rick Wynn talks about the set-up, pin placements for the final round of the US Open and shares a story about caddying for Arnold Palmer.

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.

Ann broadcasts from the U.S. Open at the Los Angeles Country Club. She has an in-depth conversation with Greg Allen of RTE Sport Radio in Ireland about the merger announcement between the PGA Tour, DP World Tour and Saudi Public Investment Fund that rocked the sports world. Ann visits with long-time caddie Rick Wynn about the unique Los Angeles Country Club and who may emerge as the 2023 U.S. Open winner.

With hindsight being 20/20, there appear to be a few things PGA Tour Commissioner Jay Monahan would like to take a mulligan on. And towards the top of this list would be using the word “merger” to describe this new alliance between three crucial parties: the PGA Tour itself, Europe's DP World Tour, and the Saudi Public Investment Fund. It was just one of many confusing developments that shook the Tour and the world of golf this past week.  So today, Mark Schlabach is here to share what he has learned about how this deal came together in the first place, why so many people are so angry about it, and whether it can withstand the many headwinds and scrutiny it now faces. Learn more about your ad choices. Visit megaphone.fm/adchoices

On Tuesday, June 6, 2023, there was a shocking announcement in the golf world that the PGA Tour, LIV Golf, and the DP World Tour would operate under one umbrella. LIV Golf is run by the Saudi Public Investment Fund, and the future of both the PGA and LIV is in question. Ian O'Connor is a 5-time author, and longtime columnist for ESPN, the New York Post, and others. His books include The New York Times bestsellers Coach K: The Rise and Reign of Mike Krzyzewski; Belichick: The Making of the Greatest Football Coach of All Time; Arnie & Jack: Palmer, Nicklaus, and Golf's Greatest Rivalry; and The Captain: The Journey of Derek Jeter. His first appearance on the podcast was Episode 166 to promote the Belichick book. In this episode, O'Connor answers the many questions as best he can, as many questions do not have answers just yet. The subject of sports washing is brought up, and the impact it has on sports fans. How much will fans accept just to see the games they want to see?

LIV Golf is funded by the Saudi Public Investment Fund, the government behind some atrocious human rights violations and crimes. The PGA Tour was vehemently opposed to this new league, but as it turns out, it was only because LIV was potentially taking money away from the PGA Tour. Now the two sides have merged, and that's a big ol' pot of hypocrisy.Plus, we're reflecting on old golf games on the computer, and Joey has joined a rec basketball league. How terrible of a decision will this turn out to be?

The guys talk: NBA/NHL Finals; Hovland, Zhang and the Gators win in golf; Rest in peace Iron Shiek (Bri's favorite 1980's wrestler); Brewers getting healthy; Reds call up Elly De La Cruz; Jags reveal stadium renovations and PGA Tour/DP World Tour agree to partner with Saudi Public Investment Fund.

For more than a year the PGA, the world's leading pro golf league, has basically been at war with the upstart Saudi-funded LIV Golf league. Lawsuits and countersuits were filed as the the leagues competed for marquee golfers and control of the narrative around the game. Some PGA players resisted big paydays to join LIV because they were critical of the Saudi Public Investment Fund, the source of the league's seemingly endless supply of money. But last week, the two leagues announced a plan to join forces.Though the deal has yet to be finalized, it's already faced backlash from players who remain loyal to the tour, and from human rights activists who see this as an attempt by the Saudi government to use sports to draw attention away from their record of human rights abuses. NPR's Susan Davis speaks with Sally Jenkins, a sports columnist for the Washington Post, who wrote a column critical of the merger, and Terry Strada, who chairs the group 9/11 Families United, which represents thousands of surviving family members of those killed in the September 11, 2001 attacks. Strada has been one of the most vocal critics of the plan. We also hear from Doug Greenberg, a writer for the sports news site Front Office Sports, who says the Saudi-backed league has actually been good for golf.

The golf world was rocked by a stunning announcement Tuesday morning that the PGA Tour would be forming a new "commercial entity" with the Saudi Public Investment Fund, including LIV Golf, as well as the DP World Tour. The boys fire up an emergency Live Show to discuss what details are known at this point, what the road back to the PGA Tour could look like for players who made the jump to LIV, some potential FTC-DOJ legal roadblocks, and a ton more. Learn more about your ad choices. Visit megaphone.fm/adchoices

This time Adrian Goldberg reflects on Newcastle United's hopes of winning their first major domestic trophy in 68 years when they play Manchester United in the Carabao Cup Final. The Geordies – or the Toon as their known to their fans – have had a dramatic upturn in their fortunes since being bought by the Saudi Public Investment Fund in October 2021. On Tyneside the Saudis have – generally – been warmly embraced despite their government's dismal human rights record. John Hird of No Saudi Toon is an exception, though, and has delivered a letter to the club asking manager Eddie Howe to speak up for the brother of a Saudi Arabian activist who faces the threat of execution.Produced in Birmingham by Adrian Goldberg. Funded by subscriptions to the Byline Times. Hosted on Acast. See acast.com/privacy for more information.

This time Adrian Goldberg reflects on Newcastle United's hopes of winning their first major domestic trophy in 68 years when they play Manchester United in the Carabao Cup Final.    The Geordies – or the Toon as their known to their fans – have had a dramatic upturn in their fortunes since being bought by the Saudi Public Investment Fund in October 2021.   On Tyneside the Saudis have – generally – been warmly embraced despite their government's dismal human rights record. John Hird of No Saudi Toon is an exception, though, and has delivered a letter to the club asking manager Eddie Howe to speak up for the brother of a Saudi Arabian activist who faces the threat of execution. Produced in Birmingham by Adrian Goldberg.   Funded by subscriptions to the Byline Times.

A federal judge has ruled in favor of the PGA TOUR's motion to include the Saudi Arabian Public Investment Fund and its Governor as parties in its counter suit against LIV Golf. Legal analyst Jodi Balsam unpacks what this news could mean for the legal proceedings for Eamon and George. Golf Channel reporter Rex Hoggard collects player reactions to the news from the golf course before they tee off in the Honda Classic on Thursday. Elswhere in Florida, the World Golf Hall of Fame has announced the finalists for the class of 2024! The Hall's CEO Greg McLaughlin stops by to share the list and give insight into the upcoming election process. Back at Honda, the 2023 Tim Rosaforte Distinguished Writers Award has been given to his longtime friend Randall Mell. Mell speaks to George and Eamon about his decades-long relationship with Rosaforte, and how the example Tim set made him into the journalist he is today. Tomorrow at the Honda Classic, Brad Faxon will make his return to Golf Channel as an on-course analyst. He speaks to Eamon and George about the players in the field he's most excited to see up close this week. Lastly, reigning U.S. Amateur Champion Sam Bennett got some great news recently! Bennett will tee it up at the 2023 Masters as an amateur. He stops by to chat about what that start means for his young career. Jodi Balsam (1:54) Greg McLaughlin (17:30) Randall Nell (29:40) Brad Faxon (38:34) Sam Bennett (48:34)

Welcome to THE Sports Law Podcast! We keep you up to date on everything at the intersection of sports and the law! In this episode, Dan Lust is joined by John Nucci (@JNucci23) to discuss breaking issues in the world of Sports Law. The Carolina Panthers hired Frank Reich as their next head coach causing the lawyers in the Brian Flores case to release a statement calling out the organization for not hiring Interim Head Coach Steve Wilks. (3:48) Wilks previously retained the lawyers handling the Brian Flores case accusing the NFL of discriminatory hiring practices. They stated, “We are shocked and disturbed that the incredible job Coach Wilks did as the interim coach, including bringing the team back into Playoff contention and garnering the support of players and fans, that he was passed over for the Head Coach position by David Tepper.“ The MLB created a Contemporary Committee made of former players and executives to select Hall of Fame members who contributed from 1980 to the present. (14:40) These players include Chipper Jones, Greg Maddux, Jack Morris, Ryne Sandberg, Lee Smith, Frank Thomas and Alan Trammell. With this new committee players who have been kept at bay before are now getting votes to enter the Hall of Fame. There has been an update in the PGA v. LIV lawsuit involving the deposition of the leader of the Saudi Public Investment Fund, Yasir Al-Rumayyan. (25:24) Al-Rumayyan has argued that sovereign immunity will block the PGA from coming after him. The PGA filed a motion for leave to bring in Al-Rumayyan, the Saudi Public Investment Fund and others associated with its business. Golfer, Patrick Reed has made headlines again for threatening to file another defamation lawsuit against multiple parties as well as an interaction with Rory McIlroy caught on camera at a recent golf event. (32:21) The video shows Reed attempting to talk to McIlroy and when he is rebuffed, he walks away and flicks a tee in his direction. In a later interview, McIlroy explains that he was served papers by Reed on Christmas eve which explains his actions towards Reed. Dan and John also provide a short segment on helpful tips for new and upcoming lawyers. (38:15) These tips include being aware of legal research subscriptions and finding the right mentor. *** Have a topic you want to write about? ANYONE and EVERYONE can publish for ConductDetrimental.com. Let us know if you want to join the team. Dan Wallach (@WallachLegal) | Dan Lust (@SportsLawLust) | Mike Lawson (@mike_sonof_law) | Justin Mader (@MaderLaw) Twitter | Instagram | TikTok | YouTube | Website | Email --- Support this podcast: https://anchor.fm/condetrimental/support

Welcome to THE Sports Law Podcast! We keep you up to date on everything at the intersection of sports and the law! In this episode, Dan Lust is joined by John Nucci (@JNucci23) to discuss breaking issues in the world of Sports Law. The Carolina Panthers hired Frank Reich as their next head coach causing the lawyers in the Brian Flores case to release a statement calling out the organization for not hiring Interim Head Coach Steve Wilks. (3:48) Wilks previously retained the lawyers handling the Brian Flores case accusing the NFL of discriminatory hiring practices. They stated, “We are shocked and disturbed that the incredible job Coach Wilks did as the interim coach, including bringing the team back into Playoff contention and garnering the support of players and fans, that he was passed over for the Head Coach position by David Tepper.“ The MLB created a Contemporary Committee made of former players and executives to select Hall of Fame members who contributed from 1980 to the present. (14:40) These players include Chipper Jones, Greg Maddux, Jack Morris, Ryne Sandberg, Lee Smith, Frank Thomas and Alan Trammell. With this new committee players who have been kept at bay before are now getting votes to enter the Hall of Fame. There has been an update in the PGA v. LIV lawsuit involving the deposition of the leader of the Saudi Public Investment Fund, Yasir Al-Rumayyan. (25:24) Al-Rumayyan has argued that sovereign immunity will block the PGA from coming after him. The PGA filed a motion for leave to bring in Al-Rumayyan, the Saudi Public Investment Fund and others associated with its business. Golfer, Patrick Reed has made headlines again for threatening to file another defamation lawsuit against multiple parties as well as an interaction with Rory McIlroy caught on camera at a recent golf event. (32:21) The video shows Reed attempting to talk to McIlroy and when he is rebuffed, he walks away and flicks a tee in his direction. In a later interview, McIlroy explains that he was served papers by Reed on Christmas eve which explains his actions towards Reed. Dan and John also provide a short segment on helpful tips for new and upcoming lawyers. (38:15) These tips include being aware of legal research subscriptions and finding the right mentor. *** Have a topic you want to write about? ANYONE and EVERYONE can publish for ConductDetrimental.com. Let us know if you want to join the team. Dan Wallach (@WallachLegal) | Dan Lust (@SportsLawLust) | Mike Lawson (@mike_sonof_law) | Justin Mader (@MaderLaw) Twitter | Instagram | TikTok | YouTube | Website | Email --- Support this podcast: https://podcasters.spotify.com/pod/show/condetrimental/support

This week on Episode #225 of The #GMTEPodcast, We've got nearly 90 minutes of Sizzling Express Takes for you to hear. It's starts off with the incredible and remarkable recovery progress that Buffalo Bills Safety Damar Hamlin has made within the past week after suffering a Cardiac Arrest nearly 2 weeks ago. It such wonderful news to be hearing and we're all thankful and happy for the recovery he has made so far. Let's keep those positive vibes going towards him. I cover WWE Friday Night SmackDown, AEW Rampage/Battle of the Belts 5, & WWE Monday Night Raw with my Full Recap/Thoughts from those shows. I'll breakdown the numbers and ratings from those shows as well as last week's WWE NXT & AEW Dynamite Shows. I'll give you my thoughts on former WWE Performer Mandy Rose's appearance on The Tamron Hall Show this past week & why it really wasn't that newsworthy. The Big story of the week is that none other than Vince McMahon returning to WWE as Executive Chairman of The Board & everything that lead up to that happening. I break that all down for you as well as the shocking news that his daughter Stephanie McMahon has resigned from her role as Co-CEO of WWE. I'll tell you what I feel led to this happening. Social Media got in an uproar over "Rumors" of a WWE Sale to The Saudi Public Investment Fund which has turned out not to be true. I'll share my thoughts on that & who I think should buy WWE if there's indeed a sale. Also on the podcast you'll get my NFL Wild Card Round Picks, Chicago White Sox Closer Liam Hendriks stunning announcement that he's battling Non-Hodgkin Lymphoma (our thoughts/prayers/good vibes are with him & his family), & a World Record in Mexico is broke involving bread. I hope you are all doing well. Sit Back, Grab a Cold Water, & Keep It In Full Drive for Episode #225 of The #GMTEPodcast. Thanks Everyone!!!   

It's 12 months since the Newcastle United takeover was complete. The 7th October 2021 marked the exit of Mike Ashley from St James' Park and the arrival, after three years of trying, of Amanda Staveley. The businesswoman led a consortium made up of herself, The Reuben family and the Saudi Public Investment Fund. One year on, the change at Newcastle has been something special. In this special podcast, we look back on the first year of ownership. Andrew Musgrove and Aaron Stokes are joined by a panel made up of fans from across the globe as they share their views on the current ownership.

Saudi Arabia is building the city of the future which includes a 250 metre wide, 500 meter tall and 170km long vertical city. It's supposed to be ready in 8 years time. How's it looking? On track, we bet. Links: MBS's $500 Billion Desert Dream Just Keeps Getting Weirder - Bloomberg --- Send in a voice message: https://anchor.fm/downround/message

The government is considering the return of import with documentary collection for some raw materials and production requirements.UAE investments in Egypt increased during 1HFY2021-22 by 169.1% to reach USD1.9 billion.The Ministry of Electricity decided to postpone the implementation of some number of electricity production projects to reduce expenses and financial burdens.During a meeting with the Prime Minister and Minister of Finance, the President directed the government to continue the approach of fiscal discipline while formulating a medium-term strategy to target the largest possible reduction in debt-to-GDP ratio.CLHO recorded net profit of EGP68 million in 2Q22 (-24.4% YoY, -28.7% QoQ), bringing 1H22 net profit to EGP164 million, down 14.3% YoY.RMDA announced the inauguration of its new water treatment station, which is expected reduce RMDA's annual water consumption by approximately 50% of its current level.Telecom Egypt and Orange Jordan will launch a terrestrial network that connects Iraq to Europe in 3Q22.According to local media, electric appliances' prices in the local market increased by around 25% during the past six months on the back of inflationary costs and currency devaluation.In response to the news that Saudi Arabia's Public Investment Fund (PIF) is looking to take a position in EGAL's capital increase, the company did not confirm nor deny the news, reiterating in an EGX disclosure that it is still studying plans for a capital increase and will offer shares to a “strategic investor” to help finance its development. EGAL is looking to raise as much as USD300 million in equity and finance to upgrade its operations. It has tapped Bechtel to conduct a feasibility study for the upgrades.ARAB hired an independent financial advisor to conduct a valuation study on one of its subsidiaries in preparation for potentially listing it on the EGX. According to local media, the subsidiary referred to is Porto October.MPRC stated that it does not have information regarding media reports that the Saudi Public Investment Fund intends to invest in it.JMC's local agent, TVD, is planning to assemble some JMC models locally by the beginning of 2023, which will take place at GB Auto's production facilities.Consumer Protection is requiring that the barcode system be applied to tobacco manufacturers after receiving complaints of unjustified price increases. The system will be applied starting the beginning of September. According to local media, if Expedition Investments' offer to acquire a 34% stake of DOMT goes through, all Expedition's founders, besides Al Damaty family, will have a stake of 5-10% of DOMT. The consortium has no intention of delisting the company and will maintain the free float requirement of 10%.PACH's shareholder, Chemical Industries Holding Company, will appoint an independent financial advisor to value PACH amid a bidding war for the EGX-listed paint company.

Hassan Abdalla was appointed as Acting Governor of the Central Bank of Egypt (CBE). The CBE left interest rates on hold on Thursday, in line with our expectations.Cabinet has given its approval to pay EGP10.0 billion out to exporters in the fifth phase of its program to repay overdue subsidies.Cabinet approved a EUR250.0 million loan from the European Bank for Reconstruction and Development to finance Cairo Metro Line 2 upgrades.MFPC 2Q22 net profit registered EGP1.6 billion, down 21% QoQ and up 33% YoY, taking 1H22 net profit to EGP3.7 billion, up 72% YoY.PACH OGM is scheduled to convene in September for shareholders' opinion on Sipes' and Saybad's acquisition offers.The CBE approved the Saudi Public Investment Fund's offer to buy the entire shares of the United Bank.OFH aims to establish a venture capital fund in the field of technology, with an initial size between EGP300-500 million. It is also interested in obtaining a digital bank license.The Saudi Public Investment Fund intends to invest in MPRC. The Holding Company for Construction and Development acquired an 8.3% stake in ZMID. Mobile phone sales recorded a decline of around 25% YoY during 1H2022 to stand at 6.14 million devices. The Trade and Industry Ministry is launching a tender for three industrial complexes comprising 1k units in Upper Egypt next week for micro, small, and medium enterprises.SCZone's Main Development Company and DP World have signed an agreement to build an USD80 million logistics zone at Sokhna port.

Net Foreign Assets (NFA) position of the banking system fell to USD-16.7 billion in May, down from USD-12.7 billion in April.Domestic liquidity M2 increased by 1.3% MoM to record EGP6.5 trillion in May.World Bank has agreed to provide Egypt with USD500 million to boost food security.State grain buyer GASC purchased 815,000 tons of French, Romanian, Russian, and Bulgarian wheat for shipments in August, September and October.Egypt and Algeria signed 12 MoUs in the fields of industry, investment, exports, irrigation and water resources, small and micro enterprises, and higher education during Prime Minister visit last week.Qalaa Holdings reported 1Q22 consolidated financial results posting a net loss post minority of EGP584 million, versus 4Q21's net loss of EGP958 million and 1Q21's net loss of EGP479 million. 1Q22 revenue came in at EGP18,682 million (+26%QoQ, +1.34xYoY). The consolidated bottom line was negatively impacted by FX losses at EGP1.226 billion. CCAP is trading at 2022 EV/EBITDA multiple of 6.5x.Russian state nuclear company Rosatom has received a permit from our nuclear authority to begin building the 4.8 GW Dabaa nuclear power plant. ORAS, SWDY, as well as ETRS, should secure sizeable awards.ESRS has reduced the price of rebars by EGP 500/ton to EGP 17,670/ton (including VAT) as of July 1.The Saudi “Almarai” is intending to expand in poultry products in Egypt by acquiring an operating company. Cairo Poultry (POUL) is listed as one of the possible acquisition possibilities. POUL is currently trading at a FY22 of 5.3x and an EV/EBITDA of 3.7x.The Federation of Egyptian Industries received a notice last week confirming that British American Tobacco (BAT) will discontinue its operations in Egypt this month, due to concerns about the market's long-term commercial viabilityAbu Dhabi Ports acquired 70% of IAAC Holdings, owner of Transmar and Transcargo international, at a transaction value of USD140 million. Customs authority started to release some of the passenger cars held at the ports, following the prime minister's instructions.AUTO declared raising the selling prices for their brand “Cherry” by nearly EGP5,000 for three models.HELI and Mountain View plan to offer 50% of Heliopark to sub-developers after Mountain View completes the master plan.CBE has set a maximum fee of EGP5.00 on cash withdrawals from ATMs by non-card issuer banks, and extended the exemption from fees and commissions for all bank transfer services in Egyptian pounds.Saudi Public Investment Fund plans to increase its stake in RMDA to more than 15% (up from around 11% currently) during July 2022.Egyptian Drug Authority (EDA) shall exclusively undertake the importation of medicines, chemicals, and medical supplies. The distribution of medicines, chemicals, and medical supplies (whether locally manufactured or imported) is to be done through the General Organization for Trade and Distribution of Medicines, however, a company with state ownership of more than 25% could be allocated a distribution share.ORHD signed a cooperation agreement with Contact to offer financing for renovations to unit owners in El Gouna.CLHO developed and launched a patient-facing electronic medical record (EMR) system, combining patient history and accessibility.

JUFO 1Q22 financial indicators showing a YoY rise in revenues of 29.1% to settle at EGP2,403 mn. Bottom-line for the quarter reached EGP142 mn, +15.4% YoY. JUFO is currently trading at a FY22 P/E of 15.8x and an EV/EBITDA of 5.9x.EGCH released 3Q21/22 net profit after taxes recorded EGP151 million compared to EGP209 million recorded in 2Q21/22 and a net loss of EGP388 million in 3Q20/21. Sales for 3Q21/22 amounted to EGP1,004 million, compared to EGP1,129 million in the previous quarter and EGP134 million in 3Q20/21. A decline of 11% QoQ, an increase of 6.5x YoY. Kima is trading at 2022 EV/EBITDA multiple of 5.0x and P/E of 6.8x. MNHD stated that it has not received an official offer from Aldar Properties to acquire a majority stake in MNHD.The Saudi Public Investment Fund is interested in acquiring a stake in the hotel company that is to merge seven or eight state-owned hotels. The Saudi Public Investment Fund could acquire a 20% stake, while a 10% stake is earmarked to be offered on the EGX.Public Entreprises Minister said that PIF could acquire a stake in EGAL (FV: EGP25.00, EW). EGAL announced in a press release that it is studying increasing the capital and offering it to a strategic investor.ESRS sent a release to EGX denying that it is merging with IRAX.Hermes Financial Solutions intends to apply for a license to practice factoring activity for the corporate sector.  In the first stage, the focus will be on financing the education sector before expanding into other sectors. The company granted financing worth EGP 5.5 billion YTD and plans to grant another EGP 4.0 billion during the remainder of 2022.The investment cost of establishing an industrial complex for cars in East Port Said is around USD800 million, with negotiations currently ongoing with 5 international companies to attract them to initiate factories in the industrial zone.[Correction] GB Auto's car finance arm Drive Finance has closed its first EGP 700 mn corporate bond issuance as part of a wider EGP 2 bn program. The proceeds will be used to unlock growth.GSK is planning to invest EGP250 million by the end of this year to reach a total investment of EGP300 million in 2022. GSK is aiming to launch 3 new molecules for psychological health, cancer & vaccines before the end of this year.Etisalat Group has extended its new corporate brand  to its Egyptian telecom operations, which will now be known as etisalat by e&. Egypt has inked a contract to buy 180,000 tons of wheat from India, and is looking at ways to extract more flour from grain as it tries to trim imports. Egypt has strategic reserves of wheat sufficient for 5.7 months.Supply Minister said that Egypt aims to import 10 million tons of wheat, 5 million tons by the government, and the same by the private sector during the next six months.The Ministry of Electricity is considering adopting a flexible pricing policy for tariffs, that would be adjustable every 6 months.Owners of chalets and apartments in tourist towns will need to notify the Egyptian Tax Authority (ETA) before renting out their units as the rent will be considered taxable revenue.   

Diane Primo is on a mission to help businesses find their purpose and live it out every day. As the CEO of Chicago-based Purpose Brand Agency, she joins The Business Communicators to share her thoughts on why brands must be relevant, purpose-driven, and committed to consumers to be successful – and why representation matters. To close the show, Thomas and Austin discuss the upstart LIV Golf Tour, which is financed by the Saudi Public Investment Fund, and has poached several high-profile golfers away from the PGA Tour. Is this a money grab, a reputation campaign, or bad PR? Music Credit: Smoke (with Lostboycrow) – Feather  KEY LINKS FOR THE WEEK 

Qatar plans to invest some USD 5 bn in Egypt, in addition to the USD 2 bn that Abu Dhabi's ADQ has pledged; Egypt might get USD 3 bn from the Saudi Public Investment Fund and USD 2 bn from KuwaitHouse of Representatives approved two financing agreements with the International Bank for Reconstruction and Development, and the Asian Infrastructure Investment Bank worth USD720 millionSuez Canal Authority recorded revenues of USD1.6 billion during January-March 2022, +18.5% YoYTurkey and Israel are in discussions to build a gas pipeline running between their two countries, which would pose competition to Egypt Gas Hub. This is why Egypt and Greece are considering establishing a new subsea pipeline that would allow Egypt to export gas directly to Europe.The usage of Mazut in electricity generation stations has gone up from 3% of the energy mix to about 12%; Volume of natural gas consumption reached 47 million tons in FY20/21, of which the electricity sector accounted for 60%, the industrial sector 12%, and the household sector 6%The House of Representatives has approved a law that expedites public sector wage hikes and pension increases, who will receive an 8% raise on their gross monthly salaries at the beginning of April MTIE reported weak but expected net attributable profit came in at EGP40 million in 4Q21 (-42.9% YoY, -54.0% QoQ), and EGP368 million in 2021 (+0.5% YoY); Muted revenue growth (+3.7% YoY),  Flat GPM (+0.2pps YoY), and booked provisions were the reasons; MTIE is currently trading at 2022 P/E of 9.6x and EV/EBITDA of 6.2x Finance Ministry will launch its e-receipt system for B2C transactions this Friday, 1 April (EFIH)IDHC opens a new Al Borg Scan branch in Sheikh Zayed, to reach a total of three new branches in the past six monthsCar brands' agents (importers and assemblers) will be the ones to determine the consumer selling prices for passenger cars (thus fixing the distributor margins) and car dealerships are not allowed to change these prices. The decision is effective today. The "Go Green" initiative to replace old cars with new dual-fuel ones is still offering cars at the old prices declared in 2021, but producers have the right to request a rise in those prices. This came as many producers placed a halt on the booking with the initiative until a new fair price has been decided. DOMT hiked its selling prices by 10-20% due to the rise in raw materials costs and EGP depreciationPRDC reported a net profit of EGP359.0 million in 4M2021 GDWA recorded earnings attributable to shareholders of EGP104.5 million in 4M2021Arab Moltaqa for Investments has signed a syndicated loan with ATLC that is worth EGP60 mn aiming to support the company's capital baseA Cairo court has upheld AIH's appeal in its years-long EUR150 mn lawsuit against Peugeot

This week on The New Arab Voice, Rosie McCabe (@RosieMcCabe3) examines Saudi Arabia's takeover of football team Newcastle United and ask, why did Saudi Arabia decide to invest millions in a football club in the north of England? And what are the consequences of this deal? We also explore the role of the Saudi Public Investment Fund, and what Mohammed bin Salman hopes to achieve with it. And then, we speak with journalist Mariam Elsayeh (@mariamelsaieh) about the film Amira, whose sperm-smuggling storyline has spark anger and consternation among Palestinian activists. This podcast is produced by Hugo Goodridge (@hugogoodridge) and Rosie McCabe (@RosieMcCabe3). Music by Omar al-Fil (@elepheel). Other music by by Blue Dot SessionsTo get in touch with the producers, follow then tweet us at @TheNewArabVoice or email hugo.goodridge@alaraby.co.uk

Dealmaker Michael Rubin's Fanatics moves on Topps, Saudi Public Investment Fund continues to eye sports; WWE a boost to Peacock.

1:04 - The UAE weekend is changing.The United Arab Emirates is changing its workweek to have half days on Fridays and a Saturday-Sunday weekend.8:46 - The hosts discuss their first time visiting the Kingdom of Saudi Arabia - and how perceptions differed from reality on the ground. The 966 recently interviewed the Saudi Embassy in Washington's top spokesperson Fahad Nazer. One of his answers to a question from the hosts prompted a new discussion on the importance of visiting Saudi Arabia and seeing the ongoing changes for yourself. 15:50 - Saudi Arabia's Ever More Ambitious Investment StrategyAttracting investment is pivotal to the Kingdom's economic transformation plans. Late last month, our guest host today, Robert Mogielnicki, wrote about the Kingdom's investment drive in an excellent piece for the Arab Gulf States Institute in Washington's blog. "There is still time for Saudi Arabia to accomplish many of Vision 2030's foreign investment objectives, but the window of opportunity is closing quickly...Saudi Arabia's recent FDI figures are not overly promising, but the low investment levels offer plenty of room for growth..."The hosts discuss the article and the investment climate in Saudi Arabia, as well as the challenges in reaching stated goals.36:08 - Crown Prince Mohammed bin Salman's GCC Tour and Regional DiplomacyThe tour began in Oman. MBS was awarded a top honor by the Sultan. MBS then arrived in Dubai on Tuesday and visited Expo 2020.Wednesday, the Crown Prince visited Qatar - his first trip there since the diplomatic standoff between the two nations which lasted several years.47:28 - The PIF is selling shares in STC. It's the latest in a privatization push by the Saudi government. In the latest privatization push from the Saudi Public Investment Fund, the PIF plans to raise as much as $3.1 billion through the sale of shares in Saudi Telecom Co. (STC).The PIF is offering a 5% stake in STC. That's 100 million shares.The STC is the Middle East's most profitable mobile-phone operator, and the Kingdom's largest telecom company.The price will be offered at between 100 riyals ($26.70) to 116 riyals starting Dec. 10.This could be the biggest secondary offering of the year in Europe, the Middle East and Africa. A secondary offering is A secondary offering is the sale of new or closely held shares of a company that has already made an initial public offering (IPO).The Saudi Arabia telecom market is expected to register a CAGR of over 10% through 2026, according to a forecast by mordorintelligence.com.***

Today we're replaying an episode of our sister podcast Today in Focus, where Nosheen Iqbal speaks to Joshua Kelly, Wallace Wilson and David Conn about the recent takeover of Newcastle United by the Saudi Public Investment Fund. Help support our independent journalism at theguardian.com/footballweeklypod

Following the purchase of Newcastle United by the Saudi Public Investment Fund, JP, Chris, and Sam discuss the reasons and effects of the purchase on English football. All three hosts also discuss the Ballon D'or 30 man shortlist and give their Top 5, as well as answering the biggest question of all: Why is Jorginho on it?