FT Scoreboard

LIV Golf is shaking up the sport, backed by vast amounts of Saudi money

The genteel world of golf is in a state of open warfare. This year, as the FT's Josh Noble reports, LIV Golf moved to shake up the sport by taking on the golf establishment. Backed by $2bn from Saudi Arabia’s sovereign wealth fund, LIV launched a series of new tournaments to compete with the PGA Tour and its European cousin. It’s captured some star names, but the PGA is fighting back.

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FT Scoreboard is the Financial Times’s vertical on the business of sport. It offers analysis of the key financial issues affecting clubs, competitions, owners, investors and media groups across the global sports industry.