Brisbane Times
·general
·1 hour ago
Saudi Arabia's PIF withdraws LIV Golf funding after failing diplomatic goals
Saudi Arabia's Public Investment Fund withdrew backing from LIV Golf after the circuit failed to improve Crown Prince Mohammed bin Salman's relationship with President Donald Trump, the league's financial backer announced. LIV, which offered players billions in petrodollars for lighter schedules, has no funding beyond 2026. The breakaway league attracted international audiences but struggled in the U.S.
Summary by Glance · Brisbane Times
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