Player equity, fewer events at heart of LIV Golf plan for post-PIF future
LIV Golf’s plan for its post-PIF future includes player equity, a scaled-back league of just 10 events, and a model seeking up to US$350 million in new investment.
The league’s banker, Ducera Partners, was expected to begin formally presenting a business plan to potential backers on Thursday, sources close to the move told the South China Morning Post.
Reports had swirled in recent days that with Saudi Arabia’s Private Investment Fund pulling its support at the end of the year, LIV was laying...
LIV Golf seeks $350M investment
- War dents Saudi's efforts to diversify economy Semafor —
- LIV Golf seeking $350 million in funding after losing Saudi PIF backing, say sources The Straits Times —
- Power well placed as Koepka soars at Byron Nelson RTE —
- LIV Golf seeks to raise up to $350 million from investors as post-PIF reality sets in CNBC —
- Koepka leads Byron Nelson with Scheffler lurking in hometown event Associated Press —