What happened: Saudi Arabia has announced it will stop its multi-billion dollar financial support for LIV Golf at the end of the current season. This decision puts the future of the LIV Golf series in uncertainty.
Why it matters:
- The withdrawal threatens the continuation of the LIV Golf series, affecting players and organisers.
- It signals a shift in Saudi Arabia's investment in sports, impacting the global golf landscape.
MNN Take: LIV Golf has relied heavily on Saudi funding, so the end of this support raises questions about how the series will sustain itself moving forward.
Sources: BBC Business