Saudi-Backed LIV Golf, After Five Years Trying to Challenge PGA Tour, Is Shutting Down

LIV Golf, the pro-golfing startup venture whose biggest investor was the sovereign wealth fund of Saudi Arabia, is shutting down after it couldn’t reach an agreement with creditors on a bankruptcy reorganization. The league was founded in 2021 by a group of pro golfers, led by Phil Mickleson and…

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