How Saudi Arabia came to be at the centre of a global golf merger

Mon, 3 Jul 2023 03:05:48 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://theconversation.com/how-saudi-arabia-came-to-be-at-the-centre-of-a-global-golf-merger-207203>

"Professional golf – and increasingly world sport – is caught in a sand trap.
Not the familiar hazard between fairway and green, but the Middle Eastern
desert producing enormous quantities of fossil fuels.

The resulting riches are being diverted into sport, disrupting its traditional
Western dominance.

The latest example is the dramatic announcement that LIV Golf, the rebel
circuit led by retired Australian golfer Greg Norman and backed by Saudi
Arabia’s Public Investment Fund, has merged with the (US) PGA and (European) DP
World Tours after two years of trench warfare.

While today’s big story is LIV Golf, Saudi Arabia’s involvement in sport will
generate many more money-driven, politics-heavy headlines."

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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