ABC News – Australia
·australia
·1 hour ago
Saudi Fund Halts LIV Golf Financing Beyond 2026, Forcing League Survival Hunt
Saudi Arabia's sovereign wealth fund halted LIV Golf financing beyond 2026, forcing the rival league to secure new investors or collapse. Australian star Cameron Smith is among high-profile players who rejected PIF-funded contracts to return to the PGA Tour. LIV Golf has spent $5.3 billion since launching in 2022 and now scrambles to find long-term financial partners.
Summary by Glance · ABC News – Australia
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