Throwing more than $5 billion at a divisive new tour and walking away after five seasons does not look like good business, but LIV Golf wasn’t all bad news for Saudi Arabia.Oil-funded LIV, which poached top stars and sent golf’s establishment into a tailspin, helped push the conservative kingdom into global view — one of its key aims, experts say. They said the exit, confirmed on Thursday after weeks of speculation, does not signal a flight of Saudi money from sport, even after the Middle East war that sparked Iranian attacks around the Gulf.
Throwing more than $5 billion at a divisive new tour and walking away after five seasons does not look like good business, but LIV Golf wasn’t all bad news for Saudi Arabia.
Oil-funded LIV, which poached top stars and sent golf’s establishment into a… [3791 chars]
Source: Al-Monitor | Published: 2026-05-01T15:40:50Z
Credit: Al-Monitor
