washington s probe into the blockbuster truce between the pga tour and liv golf out of saudi arabia. the multi-billion dollars investment group is looking at some other sports now. we start with some big news from the campaign trail. let s get to that. gillian: former president trump s campaign says he hauled in over $32 million during q2, despite mounting legal troubles and expenses. bill: will his competition be able to keep the pace? all eyes on the numbers, and our first real barometer of how some of the other candidates are doing and do they have the momentum and how is the grassroots support and what about the big backers and the questions continue. gillian: a busy week on the trail, iowa and new hampshire. bill: the former vice president mike pence speaking to voters in the hawk eye state and a few hours from now, nikki haley in new hampshire. and looks like the former president s numbers have picked up yet again. they have. $35 million is nearly double, six
wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the show. you know, eye watering sums of money are being thrown at sports all over the world, but it s the middle east that seems to be doing most of the buying. and saudi arabia in particular. whether it s in football, golf, formula 1, boxing or cricket, billions of dollars are flowing in. so what impact is it having on the business model that has allowed these sports to become, well, some of the world s most popular forms of entertainment? just a few weeks ago, saudi arabia s sovereign wealth fund known as pif, agreed a deal to merge its live golf series with the us and european tours. the saudis, they re thought to be pumping in $3 billion. it ll bring their acrimonious rivalry, including lawsuits, to an end. football, it s also seen an influx of saudi cash. back in december, cristiano ronaldo signed for al nasr for around $220 million a year. it does include commercial activitie
to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. the saudis are splashing out on sport. golf, football and boxing are all being punched with cash. but what does this middle eastern money mean for the business of sport? qatar, bahrain and the uae are also upending the sporting establishment. but is it all about prestige, profit, or trying to take the focus away from human rights concerns? i m going to be discussing all of that with these two. there they are. a leading expert on the links between sport and politics, and a top us sports investor who thinks there s millions to be made from playing for profit. also on the show, i m going to catch up with the man who puts the big deals together for boxers such as anthonyjoshua and jesse rodriguez. i m going to ask him how saudi arabia s vast oil wealth is reshaping the prizes on offer in his big money sport. wherever you rejoining me from around the world, once again, a big hello
commons. time for a look at the business news now. we start with the unfolding crisis in the red sea and concerns that the continued attacks on cargo ships by yemen s houthi rebels will affect developing countries the hardest. that s the warning from the world trade organization. today the us has launched a fourth round of airstrikes against the rebels the us military said it targeted missiles that could be intended for attacks on ships. as vessels divert to longer and more costly routes that avoid the red sea, supply chains have been disrupted and economists have warned it could add to inflation. the wto s director general, dr ngozi 0konjo iweala, has been speaking to our economic editor faisal islam at the world economic forum in switzerland. iamjoined i am joined here by the director general of the world trade organization. thank you forjoining 0rganization. thank you forjoining the bbc. 0bviously people are concerned about the fluidity of trade given this big geopolitic
hearing from tata steel, which owns the steelworks in october, it is bad news for the thousands of people who work at that steel facility. we have just been told that tata steel plans to close both remaining blast furnaces at the steelworks and that could come at the cost of 3000 jobs. clearly something which will devastate the local community. stay with us on bbc news for more updates on that story. tata steel says they will close the remaining port talbot blast furnaces at the steelworks with potential loss of up to 3000 jobs. news coming to us from bbc sources, ratherthan jobs. news coming to us from bbc sources, rather than confirmed by tata steel themselves. the unfolding issues around attacks on cargo ships by houthi rebels from yemen, warning from the world trade organization that it could affect developing countries the hardest. today the us has launched a fourth round of air strikes against the rebels, the us military said it targeted missiles that could be intended