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Teeing Off

LIV Golf a step closer to buying 6% stake in PGA commercial unit

Saudi Arabia's sovereign fund started LIV Golf in 2022 as a rival to the PG, setting off court battles after the new league lured away star golfers

Dustin Johnson tees off during LIV Golf Invitational-DC at Trump National Golf Club in May2023 (Getty Images)

By
Jonathan H. Ferziger
December 11, 2024

LIV Golf, the upstart league backed by Saudi Arabia’s Public Investment Fund, is generating renewed buzz in its two-year dance with the PGA tour.The sovereign wealth fund is nearing a deal to acquire a stake of about 6% in...