Saudi Arabia Cuts LIV Golf Funding Amidst Investment Failures And Political Fallout
It appears that the significant investment from Saudi Arabia into LIV Golf might be drying up, which is a rather significant development given the immense sums of money that have been poured into the upstart golf league. This news comes as a surprise to many, particularly those who saw LIV Golf as a long-term venture, a powerful tool for sportswashing, and perhaps even a strategic maneuver to influence established sporting bodies. The reasoning behind this potential withdrawal of funds seems multifaceted, with several theories emerging.
One of the most prominent narratives is that the entire LIV Golf project was, in essence, a grift, with a substantial portion of the investment potentially serving as a means to pay hefty fees to certain individuals, like Donald Trump, for hosting events at his courses.… Continue reading
Matt Underwood