LIV Golf has announced a new independent board with two senior figures appointed, who are charged with securing fresh funding to save the team golf tour.
The Saudi Public Investment Fund (PIF) has been propping up LIV Golf to the tune of $5bn over its five-year existence, but is withdrawing funding at the end of the 2026 season.
Two new appointments have been made with business experts in this field, Eugene Davis and Jon Zinman, leading the new board.
“LIV Golf has built something truly differentiated – a global league with passionate fans, world-class talent, and demonstrated commercial momentum,” said Davis, who will be chairman of the Independent Directors Committee.
“The executive leadership team, along with Jon and I, see a clear opportunity to help the league formalize its structure, attract and secure long-term capital, and position the business for growth while continuing to promote the game across the world. We look forward to positioning LIV Golf for future success.”
More to follow…
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