Saudi-Backed LIV Golf, After Five Years Trying to Challenge PGA Tour, Is Shutting Down
LIV Golf, the pro-golfing startup venture whose biggest investor was the sovereign wealth fund of Saudi Arabia, is shutting down after it couldn’t reach an agreement with creditors on a bankruptcy reorganization. The league was founded in 2021 by a group of pro golfers, led by Phil Mickleson and Greg Norman, who were dissatisfied with […]