We are watching for the latest updates as reports begin to surface alleging that Saudi Arabia has reached its spending limit on LIV Golf. The sole funding source of the breakaway golf circuit, the Saudi Arabia Public Investment Fund (PIF), announced a new five-year investment strategy Wednesday. The plan reportedly works to reprioritize spending, with the hundreds of millions of dollars dedicated to LIV Golf appearing to be reallocated. LiveNOW’s Andy Mac is learning about the future of LIV Golf with David Rumsey, a reporter at Front Office Sports covering the business of golf.
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