LIV Golf, the controversial breakaway tour backed by Saudi Arabia's Public Investment Fund, is reportedly facing severe financial difficulties as it prepares for its fifth season. Recent filings reveal that the league has been burning cash at an alarming rate, raising concerns about its long-term viability in the competitive landscape of professional golf.
Despite the substantial investment of over $5 billion from Saudi Arabia, LIV Golf has struggled to attract a consistent viewer base, with its season-long viewership falling significantly behind that of the PGA Tour. As the league continues to navigate these challenges, the future of LIV Golf remains uncertain, prompting speculation about potential changes in leadership and strategy.
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