Saudi Arabia's $5bn LIV Golf investment faces financial unraveling

The upstart LIV Golf league, backed by a $5 billion investment from Saudi Arabia's Public Investment Fund, has struggled to build a sustainable business model, remaining entirely reliant on PIF's wealth.

2 May, 04:00 — 2 May, 04:00

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FTVery High29d ago

How the $5bn Saudi bet on LIV Golf unravelled

Upstart league unable to build a sustainable business so it could wean itself off a total reliance on the PIF’s wealth

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Saudi Arabia's $5bn LIV Golf investment faces financial unraveling

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How the $5bn Saudi bet on LIV Golf unravelled

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