Saudi-Backed LIV Golf, After Five Years of Trying to Challenge PGA Tour, Is Shutting Down
LIV Golf, the pro-golfing startup venture whose biggest investor had been the sovereign wealth fund of Saudi Arabia, is shutting down after it couldn’t reach an agreement with a new investor on a bankruptcy reorganization. The league was founded in 2021 by a group of pro golfers,
LIV Golf, the pro-golfing startup venture whose biggest investor had been the sovereign wealth fund of Saudi Arabia, is shutting down after it couldn’t reach an agreement with a new investor on a bankruptcy reorganization. The league was founded in 2021 by a group of pro golfers, This story matters for Culture, Style & Media readers tracking trivia. Reported by variety.com. Read the full original at the source link below.
Originally reported by variety.com. TriviaNewsletter.com curates and briefs the culture, style & media stories that matter. Our editorial policy →
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