It’s hard to hold a golf tournament when Netanyahu’s military ambitions are scaring the players away.
Saudi may exercise the force majeure clause in the contract and end funding.
https://www.golfdigest.com/story/liv-golf-future-saudi-arabia-2026
The Israel-Iran War – it’s not just fertilizer and hungry people. Wealthy folks in plaid pants are suffering, too.
Update 04/16/2025: Remaining LIV golfers say they haven’t been paid in 3 weeks.
intercst
If LIV Golf goes away, this war will have been worth it!
Saudi Arabia investing domestically makes a lot more sense now that we’ve created a cluster in the ME.
According to their press release, they’ll focus on six investment ecosystems:
“The six ecosystems include: Tourism, Travel & Entertainment; Urban Development & Livability; Advanced Manufacturing & Innovation; Industrials & Logistics; Clean Energy, Water & Renewables Infrastructure; and NEOM.”
SA invests a significant amount in US based businesses, it will be interesting to see if that changes.