Riyadh ¨C Throwing more than $5 billion at a divisive new tour and walking away after five seasons does not look like good business, but LIV Golf was not?all bad news for Saudi Arabia.
Oil-funded LIV, which poached top stars and sent golf¡¯s establishment into a tailspin, helped push the conservative kingdom into the global view ¡ª?one of its key aims, experts say.
They said the exit, confirmed on Thursday after weeks of speculation, does not signal a flight of Saudi money from sports, even after the Middle East war that sparked Iranian attacks around the Gulf.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.