Liv Golf investors reach their pockets again for financing, and Saudi Arabia's Public Investment Fund is approaching $ 5 billion to spend a three -year league.
Liv Golf Investments, the main company for Liv Golf operations worldwide, increased twice this year twice this year, in mid -January and in the late April, once in the middle of April.
This brings the total expenditure to $ 4,58 billion, and $ 1.9 billion has been coming since January 2024.
In sports, money had previously envisaged an increase of $ 5 billion in PIF investment until the end of 2025.
From January to October 2024, PIF's file, referring to 82 million dollars of revenue, included a consolidated income for Liv Golf for the first time.
The filing shows that the latest powers come with three conditions: this season, a minimum number of activities, minimum income and a finalized TV agreement with Fox Sports.
Liv Golf made significant changes this year, including Scott O'Neill's change in Greg Norman to CEO, and changed the team format to count the points of all players in each round.
Liv Golf's first event in the United States of the United States brought record viewers for the league, and 484,000 people were arranged to monitor Marc Leishman's victory in Miami on April 8th.
Unfortunately, for the separation league, the same day was less than one third of the amount of people who chose to watch a standard PGA tour activity.
“We all hoped it would be a little further ahead and this is not a secret,” Koepka said before the Liv Golf Miami tournament on 2 April on April 2. He said.
“Wherever you are, you always hope that everything will progress further. But they make progress and seem to be moving in the right direction.”
-FELD level media
