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LIV Golf outlines 'expanded strategy' in desperate bid to save tour after Saudi billions dry up

New York Post·Justin Terranova·about 1 month ago
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They aren’t giving up yet. LIV Golf released a statement Thursday morning explaining how they plan to save the rebel golf tour after it was reported Wednesday that Saudi Arabia’s Public Investment Fund will no longer back them. They plan to take “a ⁠diversified, multi-partner investment model” after the PIF had been pumping over a billion dollars a year into it since 2022. LIV Golf also announced the formation of a new independent board led by seasoned business consultants Gene Davis ​and Jon Zinman. LIV Golf has lost its funding from Saudi Arabia. REUTERS “LIV Golf has built something truly differentiated – a global league with passionate fans, world-class ​talent, and demonstrated commercial momentum,” Davis, who will chair the board, said in a statement.…

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