Mmastodon SportSports first seen 7 h ago, last 55 min ago, peak #1
LIV Golf secures potential $300m investment
Original: LIV Golf secures potential $300m investment https://www.bbc.co.uk/sport/golf/articles/ckjwe02v4xdlo?at_medium=RSS&at_cam
LIV Golf has secured a potential $300m investment, according to BBC Sport. The Saudi-backed golf league has been seeking fresh funding as it continues to compete with the PGA Tour following the stalled merger negotiations between the two tours. The deal would provide a significant cash boost to the breakaway circuit, which has spent heavily on signing top players since launching in 2022. Details of the investor and the terms have not been fully disclosed.
Why now: The investment has major implications for the future of men's professional golf and LIV's ongoing rivalry with the PGA Tour.
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- LIV Golf secures potential $300m investment https://www.bbc.co.uk/sport/golf/articles/ckjwe02v4xdlo?at_medium=RSS&at_campaign=rss # Golf # Business # Sports · bbc_news@robot.villas · 2
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