LIV Golf seeks external investors as Saudi fund exits funding
TL;DR
LIV Golf unveiled an independent board and a plan to attract outside investors after the Saudi Public Investment Fund said it would stop funding, with the goal of keeping the league running beyond 2027 and potentially adjusting schedules, purses, or formats as it seeks diversified long-term capital.
Topics:sportsbusiness#business#golf#investors#liv-golf#note-ensure-top5tags-are-five-items-remove-extra-if-needed#saudi-arabia#sportswashing
- As Saudis pull funding, LIV Golf seeks investors to continue The Washington Post
- Saudi Arabia Pulls Funding From LIV Golf. Its Star Players Face a Painful Road Back. WSJ
- PGA Tour CEO shares jarring comments about players returning as LIV Golf Saudi funding disappears Fox News
- LIV Golf Announces Strategic Board Appointments and Expanded Strategy LIV Golf
- LIV Golf is seeking new investment after losing Saudi funding at end of season CNN
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