The Age – Sport
·sport
·1 hour ago
The bottomless pit has a bottom. LIV exit part of Saudi shift
Turns out the bottomless money pit had a bottom. Or it did for the expensive experiment of LIV Golf, at least. The withdrawal of backing for LIV Golf by Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), last week showed even a trillion-dollar cash cow – fuelled by oil money and controversial geopolitical aims – has its limits.
Summary by Glance · The Age – Sport
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