business ๐๏ธ LIV Golf finds new investor post-Saudi funding exit
LIV Golf has secured a lead investor to replace the Saudi Arabia deal, allowing the league to move forward. This agreement was approved by the LIV Golf board on Wednesday, with the transaction expected to close in September. The league plans to return next season with 10 events, five international and five in the United States. This new chapter will make the players the majority equity holders, a first for a major global sports league. The league is focusing on delivering a strong season while looking for long-term stability. ๐๏ธ