Saudi Fund set to back away from LIV Golf under mounting financial pressures
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Source: The Age
Published: 2026-04-16 08:10 UTC+10:00
Section: Sport / Golf
Factuality Score: 95
Opinion Category: Neutral
Topics: Sport, Middle East, Economy & Finance, Business & Economy
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Snippet:
Saudi Arabia’s sovereign wealth fund is on the verge of announcing it will withdraw financial support from LIV Golf, the upstart golf circuit it launched four years ago to compete with the PGA Tour, a person familiar with the matter said Wednesday.
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