The Saudi Arabian Public Investment Fund has thrown a ridiculous amount of money into LIV Golf.
Now, as its second season is just weeks away from kicking off, it’s clear how that investment has panned out so far.
While that’s not too surprising considering LIV Golf is extremely new, it’s not great considering how much Saudi Arabia has already invested. The country’s Public Investment Fund spent about $784 million to fund the league in 2022, former president and CEO Atul Khosla told ESPN last year. That didn’t include the reported $100 million-plus signing bonuses to land top players like Dustin Johnson, Phil Mickelson and Bryson DeChambeau, among others.
Yet spending around $1 billion and not getting anything back — even knowing how deep the PIF is — can’t feel good.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Saudi-backed LIV Golf made ‘virtually zero’ money in its first yearAfter wooing some of the biggest names in golf, LIV Golf revealed that it generated virtually no revenue in 2022.
続きを読む »
This top-rated eating plan helps lower cholesterol levels. How does it work?The dietary part of the program emphasizes fruits, vegetables, whole grains, lean meats and fish, while advising the avoidance of saturated and trans-fats.
続きを読む »
R&B singer-songwriter Liv Warfield to give solo performance at Cabaret ZazouCritically-acclaimed singer and Peoria native Liv Warfield will be performing for one night only, tomorrow at Cabaret Zazou inside the Cambria Hotel Chicago Loop. Liv joined Good Day Chicago to talk about the special performance.
続きを読む »
CCSO: Pearce man arrested in shooting near Sunsites Golf CourseDeputies have arrested Derek Smith, 31, for shooting a 38-year-old man last Tuesday near the Sunsites Golf Course.
続きを読む »
Max Homa, Billy Horschel become latest signees to new 'Monday Night' golf league TGLThe signings of Max Homa and Billy Horschel means nine players have committed to TGL, a primetime golf league that will begin play in 2024.
続きを読む »
PGA Tour Reboots Website as Golf Seeks Wider Fan BaseThe PGA Tour is revamping its digital properties as it works to attract a broader group of fans to professional golf
続きを読む »