Saudi Arabia’s PIF torched $1.4 billion on LIV Golf in 3.5 years – and is now pulling the plug because the league “no longer fits its strategy”

    LIV Golf loses Saudi Arabia funding—effectively ending PGA rival: report



    Posted by InterestingCat308

    2 Comments

    1. RevolutionaryGain823 on

      Apparently the Saudis are unhappy with their investment in football as well. Paid Neymar a fortune to put in 0 effort in the few matches he played between injuries. Most of the Saudi leagues other big name signings were also failures (Benzema and Ronaldo seemed to be the only success stories). Will be interesting to see how their WWE and boxing investments play out the next couple years.

    2. SomeRandomSomeWhere on

      They are probably going to need billions in the next couple of years on repairs and rearming.

      Probably dont have the spare money to throw on such things for the foreseeable future.

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