Teed off
Public Investment Fund scales back Saudi spending on golf
The loss of the high-paying PIF-sponsored events will be a major blow for the women's tour, where tournaments carry purses of $500,000 or less
Photo by Ross Kinnaird/Getty Images
U.K. golfer Annabel Dimmock at Saudi Arabia's Royal Greens Golf & Country Club in 2021
Add The Circuit on GoogleLess than a month after Saudi-backed LIV Golf filed for bankruptcy after the withdrawal of the Public Investment Fund as its key financial backer, the kingdom is also pulling back from the Ladies European Tour.
The PIF Global...
