Was LIV Golf an expensive failure for Saudis? Not everyone thinks so

“Throwing more than $5 billion at a divisive new tour and walking away after five seasons does not look like good business, but LIV Golf wasn't all bad news for Saudi Arabia. Oil-funded LIV, which poached top stars and sent golf's establishment into a tailspin, helped push the conservative kingdom into global view -- one of its key aims, experts say. They said the exit, confirmed on Thursday after weeks of speculation, does not signal a flight of Saudi money from sport, even after the Middle East war that sparked Iranian attacks around the Gulf.

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