Saudi Arabia's Public Investment Fund's Impact on Pro Golf Goes Beyond Sports.

TL;DR Summary
Golf is back on the map as a potential spot for savvy investors following the news that the Saudis have agreed to merge their LIV Golf circuit with the PGA Tour and Europe’s DP World Tour. Bill Blain, strategist at Shard Capital, notes that dedicated golf clubs are filling up again, partly by wealthy work-from-home professionals. Blain believes that the Saudis will spend billions, but could potentially reap trillions if they have called the global sporting zeitgeist correctly. Golf equipment holders Acushnet and Topgolf Callaway Brands are among the potential investment opportunities.
- A 'perfect business.' Why investors may want to follow the Saudis into golf. MarketWatch
- Opinion: The impact of PGA Tour-LIV Golf deal goes far beyond sports CNN
- Fresh Off LIV-PGA Win, Saudi Arabia Gets Punched by Lionel Messi Bloomberg
- The PGA Tour and the Saudi Tour; Affirmative Action; and More National Review
- Saudi Arabia’s Public Investment Fund just reshaped pro golf. It’s not stopping there CNN
Reading Insights
Total Reads
0
Unique Readers
24
Time Saved
5 min
vs 6 min read
Condensed
91%
1,053 → 92 words
Want the full story? Read the original article
Read on MarketWatch