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Saudi Fund Set to Invest $5 Billion in LIV Golf

2/15/2025

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Summary

Story summary

The Saudi Public Investment Fund is on the brink of pouring nearly $5 billion into LIV Golf, even as the organization grapples with a staggering $394 million loss in 2023. Despite a revenue boost from a triumphant Adelaide event, LIV Golf's survival depends on overcoming these financial hurdles and tapping into the burgeoning Australian market.

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Story summary

The Saudi Public Investment Fund is on the brink of pouring nearly $5 billion into LIV Golf, even as the organization grapples with a staggering $394 million loss in 2023. Despite a revenue boost from a triumphant Adelaide event, LIV Golf's survival depends on overcoming these financial hurdles and tapping into the burgeoning Australian market.