Was LIV Golf an expensive failure for Saudis? Not everyone thinks so
Spending over $5 billion on a divisive new tour then exiting after five seasons looks like poor business — but the project also brought some benefits to Saudi Arabia.
Saudi-backed LIV Golf poured more than $5 billion into a divisive new tour and withdrew after five seasons, a move many see as an expensive failure. Despite that, supporters say the venture produced some positive outcomes for Saudi Arabia and should not be judged solely on its costs.