Menu

LIV Golf Will Inform Players of Loss of Funding, Per Report
📰
0

LIV Golf Will Inform Players of Loss of Funding, Per Report

SI·Bob Harig·5 months ago
#gs0eRcfU
#livgolf#saudipif#golf#league#players#neil
Reading 0:00
15s threshold

Amid earlier reports suggesting that the Public Investment Fund of Saudi Arabia will no longer fund LIV Golf, the Wall Street Journal reported that league executives are expected to make that official with players on Thursday. The newspaper cited sources and said that PIF recently laid out a plan for the next five years and made no mention of the golf entity that invested more than $5 billion in since its 2022 inception and disrupted men’s professional golf with signings of several prominent players, including Phil Mickelson, Bryson DeChambeau and Jon Rahm. When news of such a reality first broke two weeks ago while LIV was playing an event in Mexico City, LIV players pushed back on the idea while executives did not comment. The Financial Times also reported the PIF plans two weeks ago. It took until several hours before CEO Scott O’Neil sent a memo to staff and players that was leaked to the media in which he confidently said the league would persevere.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More