Today In Sportwashing: Bryson Speaks, Andy Murray Says No Way And WSJ's Tough Take On Saudi Arabia

As a sizable herd prepares to descend on Saudi Arabia in a few weeks to cash in and talk league golf with Greg Norman’s pals, there are signs that the Crown Prince’s act is wearing then. Except with autocrat-tolerating pro golfers.

While the potential damage to sportwashing may make those at the Global Home feel better about the likelihood of Saudis failing at disruption, the damage done to the “product” may be just as painful.

Last week Bryson DeChambeau, who has been blowing off press sessions even when he’s endorsed by the tournament sponsor, gladly talked about the Public Investment Fund Saudi International Powered by Softbank Investment Advisers (PIFSIPSIA).

It’s amazing what happens when the fees are paid by folks linked to murder instead of mortgages! From Steve DiMeglio’s item at Golfweek:

“So, not a politician, first off,” he said Thursday in a video conference with the media ahead of next month’s tournament in the Middle East. “I’m a golfer, first and foremost, and I want to play where the best golfers in the world are going to play. And that is the end of the story for me.”

It was the only time DeChambeau was curt and agitated during a 30-minute Zoom call with the media ahead of the Saudi International at Royal Greens Golf and Country Club in King Abdullah Economic City.

This was in sharp contrast to tennis’ Andy Murray who has told his agent he won’t take the Saudi money even after lucrative offers.

“He’s turned down stuff in Saudi and I don’t think he would play there just because of what’s gone on,” the Scotsman's agent, Matt Gentry, was quoted as saying in The Independent.

“If he feels strongly about something regardless, he’s at the stage where he will happily call it out and he will have that debate with people. I don’t think he’s scared to voice his opinion on it.”

That sounds like, what, one golfer? Rory. Anyone else?

And finally, the Wall Street Journal dropped a devastating piece on Saudi Arabia’s pitiful business culture. Even with all of the Public Investment Fund investment in major American companies and Crown Prince Mohammed bin Salman’s desire to create Western business friendliness, the murder-orderer can’t resist his dark passenger. While former president Donald Trump seemed cool with this, it sounds like most in business are cooling to the Crown Prince.

From Stephen Kalen and Justin Schenk’s WSJ story that leads by saying the “business environment has grown more hostile and investors are souring on the oil-rich kingdom.” The numbers would agree:

Foreign direct investment into Saudi Arabia was $5.4 billion in 2020, less than half the level of a decade ago and well below the $19 billion that the country had targeted. It was on track to top $6 billion in 2021 based on data through the third quarter. That excludes the $12.4 billion sale of a stake in a Saudi pipeline company to foreign investors.

It seems inefficient autocracies are not conducive to business or human rights.

Prince Mohammed failed to change many of the old deterrents to investment. Then Saudi Arabia added new ones.

The country tried to address a cash crunch by levying retroactive taxes on dozens of large foreign firms. In the past year-and-a-half, companies including Uber, its regional subsidiary Careem, and GE have faced huge tax liabilities and sometimes additional fines when their appeals were rejected.

Tax authorities offered the companies little recourse, prompting the State Department late last year to appeal unsuccessfully to the Saudi government for relief.

Golfers and team members of the world headed to collect checks, cover your eyes:

Investors are also increasingly concerned about their physical safety. While most of the people arrested in Prince Mohammed’s crackdowns on criticism or alleged corruption have been Saudis, some have been foreigners. One foreign businessman said he was detained and tortured after saying publicly that some business laws were unfair.

Another, an American, recently authorized the State Department to disclose relevant information to the media should the person be detained in Saudi Arabia. A second American, seeking to expand his Ohio-based nursing-home operation, was detained on arrival last year in a cramped airport holding cell for three days and deported without explanation.

But never forget: women can eat in restaurants.