Matthew Sanderson Weighs in on FARA Considerations with LIV PGA Merger in POLITICO
LIV AND PGA’S BOMBSHELL: Saudi-financed LIV Golf announced this morning that it would merge with the PGA Tour and the tour’s European counterpart in a deal that reverberated across the golf world and official Washington alike after years of acrimony — and days after one Washington PR firm registered as a foreign agent for its work for the Saudi upstart league.
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Whether that’s true of the soon-to-be-combined golf entity remains to be seen, with so few details available about the structure of the new company. “I would think that both the PGA and LIV would account for foreign influence-related considerations (including FARA) in the transaction and prospective structure since those have been so front-and-center during LIV’s existence,” said Matthew Sanderson, an attorney at Caplin & Drysdale who advises clients on the law
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