The Guardian Australia – Sport
·sport
·2 hours ago
LIV Golf executives face turmoil as Saudi fund withdraws financial support
LIV Golf executives faced turmoil after the Saudi Public Investment Fund withdrew its financial support in New York this week. The cutback, affecting more than $10 billion invested in sports over the past five years, raised fears among sports administrators of broader budget reductions. This shift signals a prioritization of domestic investments over international initiatives.
Summary by Glance · The Guardian Australia – Sport
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