
HIGHGeneral
Was LIV Golf an expensive failure for Saudis? Not everyone thinks so
🇮🇷 IranMay 1, 2026 16:00SRC: AL MONITOR
INTELLIGENCE SUMMARY
Throwing more than $5 billion at a divisive new tour and walking away after five seasons does not look like good business, but LIV Golf wasn't all bad news for Saudi Arabia. Oil-funded LIV, which poached top stars and sent golf's establishment into a tailspin, helped push the conservative kingdom into global view -- one of its key aims, experts say. They said the exit, confirmed on Thursday after weeks of speculation, does not signal a flight of Saudi money from sport, even after the Middle Eas
DETAILED REPORT
<p>Throwing more than $5 billion at a divisive new tour and walking away after five seasons does not look like good business, but LIV Golf wasn't all bad news for Saudi Arabia.</p><p>Oil-funded LIV, which poached top stars and sent golf's establishment into a tailspin, helped push the conservative kingdom into global view -- one of its key aims, experts say. </p><p>They said the exit, confirmed on Thursday after weeks of speculation, does not signal a flight of Saudi money from sport, even after the Middle East war that sparked Iranian attacks around the Gulf. </p>
AI THREAT SCORE66/100