As the PIF’s blank checks meet reality, the breakaway circuit scrambles to justify its existence beyond the bottom line.
The era of the open-ended Saudi sovereign wealth fund spigot is facing its first genuine pressure test.
The financial architecture of the sport has been fundamentally rewired, but not necessarily for the better.
Despite the looming clouds, LIV is still attempting to project growth, recently announcing the arrival of six new players to its squad ahead of the September window.
As the PIF’s blank checks meet reality, the breakaway circuit scrambles to justify its existence beyond the bottom line.