LIV Golf is shaking up the sport, backed by vast amounts of Saudi money Scoreboard
FT, 09 Nov 2022
The genteel world of golf is in a state of open warfare. This year, as the FT's Josh Noble reports, LIV Golf moved to shake up the sport by taking on the golf establishment. Backed by $2bn from Saudi Arabia’s sovereign wealth fund, LIV launched a series of new tournaments to compete with the PGA Tour and its European cousin. It’s captured some star names, but the PGA is fighting back.
#golf #saudiarabia
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#golf #saudiarabia
See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132.
► To learn more, visit our website - https://channels.ft.com/en/ft-scoreboard
► Watch more videos from this series here - https://www.youtube.com/playlist?list=PLrhpR40o4n5znEL2k6oL2g5SzV1cdls1D
► Check out our Community tab for more stories on the economy.
► Listen to our podcasts: https://www.ft.com/podcasts
► Follow us on Instagram: https://www.instagram.com/financialtimes'
