Saudis now want sports to make money, clouding LIV Golf’s future
By Bloomberg News••Financial Post
Saudi Arabia’s reversal on its costly golfing venture is part of a pullback on sports investing, as it looks to prioritize returns. Read on
Spokespeople for LIV and PIF didnt respond to multiple requests for comment. LIV Golf chief executive Scott ONeil responded to speculation about the leagues future in a memo to staff, saying that th…