LIV Golf races to secure financial lifeline as Saudis walk away
Lossmaking tour confirms it is seeking backers as PIF prepares to cut losses at end of season
Related reading
How the $5bn Saudi bet on LIV Golf unravelled
Upstart league unable to build a sustainable business so it could wean itself off a total reliance on the PIF’s wealth
Saudi Arabia’s PIF on verge of cutting support for LIV Golf
Sovereign wealth fund reconsiders backing for lossmaking golf tour as Iran war prompts investment rethink
Golf must be careful of soaring prize money, says head of R&A
Mark Darbon says golf must heed lessons of English rugby, where clubs raised wages beyond what revenues could support
Non-bank lenders may be fair-weather friends
Research shows they don’t just retreat in a crisis — they run for the exit
Saudi wealth fund resets priorities after decade of heavy spending
Governor says near-$1tn PIF will focus on efficiency without retreating from global deals
Aston Martin secures £50mn cash injection to shore up balance sheet
Funding from consortium backed by billionaire Lawrence Stroll comes after fifth consecutive quarterly loss