sports

LIV Golf Shuts Down After Saudi Funding Ends

LIV Golf, the revolutionary Saudi-funded golf league, has ceased operations after its main financial backer terminated funding.

The league's final tournament in Indianapolis concluded with American Michael La Sasso winning at -18, followed by Jon Rahm at -17. Since its inception in 2022, the Public Investment Fund has invested over 5 billion petrodollars in the league. musojam.blog

The shutdown comes due to lack of profitability, insufficient TV audiences (particularly in the US market), and limited sporting impact. Without continued financial backing, the league faces an uncertain future unless a new investor emerges.