Saudi-backed LIV Golf is shutting down after five years of attempting to challenge the PGA Tour, according to a report by Variety. The league, funded by Saudi Arabia's Public Investment Fund, had positioned itself as a rival to the PGA Tour with a team-based format and significant financial incentives for players. The closure brings an end to a period of division in professional golf.
Saudi-Backed LIV Golf Shuts Down After Five-Year Challenge to PGA Tour
