Brisbane Times
·general
·4 hours ago
Saudi Arabia's sovereign wealth fund withdraws support for LIV Golf initiative
Saudi Arabia's sovereign wealth fund is poised to withdraw support from LIV Golf, which it launched four years ago. Amid a new five-year strategy, the fund's governor noted a focus on investment efficiency as costs associated with hosting major events grow. LIV player Sergio Garcia expressed uncertainty about the league's future, citing a lack of communication from fund leaders.
Summary by Glance · Brisbane Times
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