The league that now offers $30 million in prize money at each event already is trying to chart a course for staying solvent after this year.
Yasir Al-Rumayyan, the governor of Saudi Arabia’s Public Investment Fund who was behind the creation of LIV Golf, is resigning as LIV chairman as the league seeks a new strategy without Saudi funding, according to a report published Wednesday night.
Sports Business Journal cited three people briefed on the resignation. LIV Golf was planning to announce Thursday a strategy for moving forward without its primary financial backer, including a new board
Our editorial team includes several staff writers, each contributing their specialized knowledge to enhance the depth and breadth of our event and story coverage.