LIV Golf isn’t the only sports property being reconsidered in Saudi reboot of investment strategy

Sport

The billionaires in Saudi Arabia are pulling the plug on LIV Golf . It won’t be the first mega sports project they’ve given up on recently. Over the last several weeks, the Saudis have bailed on a Winter Olympics-style sports festival and sold one of their best soccer teams , all while shifting the strategy of their multibillion-dollar investment fund that bankrolls it all. The Saudi Public Investment Fund, helmed by Crown Prince Mohammed bin Salman, recently delivered a new prospectus