Published 1 day ago • loading... • Updated 14 hours ago
Sergio Garcia's Masters Meltdown Reportedly Impetus for Saudi's PIF to Pull LIV Funding
People familiar with the matter said Yasir al-Rumayyan’s embarrassment after the incident helped drive Saudi Arabia’s decision to cut LIV Golf financing.
Credit: CBSIf Yasir Al-Rumayyan, governor of Saudi Arabia’s Public Investment Fund (PIF), was looking for a reason to pull its money out of the LIV Golf tour, he reportedly found it in Sergio Garcia’s outburst at the Masters in April. That’s the claim in Friday’s edition of The Financial Times. “In April, as LIV golfers floundered at the Masters, golf’s most prestigious tournament, Spanish star Sergio Garcia damaged the Augusta National course d…