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LIV Golf all but dead as Saudis pull funding after spending $6B on rebel tour

New York Post·Michael Blinn·about 1 month ago
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It’s onto Plan B for LIV Golf. The rebel golf league plans to tell players and staff on Thursday that Saudi Arabia’s Public Investment Fund is officially pulling the plug on its funding at the end of the season, according to The Wall Street Journal , ending weeks of speculation and rumors. The Saudis have reportedly spent nearly $6 billion on LIV Golf, allowing it to pull in some of the sport’s biggest names at astronomical nine-figure salaries amid accusations of the country “sportswashing” its image. The outfit struggled to gain a foothold with its team play and shortened tournament format, and lost a reported $1.1 billion between 2022-24 as a merger with the rival PGA Tour never came to fruition. Crushers GC’s US player Bryson DeChambeau watches a drive from the 14th tee on the fourth day of the LIV Golf South Africa tournament. AFP via Getty Images As rumors swirled regarding its financial backing , LIV Golf CEO Scott O’Neil has spent the last few weeks attempting to put out fires.…

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