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vegeta@lemmy.world to News@lemmy.world · 1 day ago

LIV Golf files for bankruptcy protection as it looks to ‘begin the next chapter’

www.theguardian.com

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LIV Golf files for bankruptcy protection as it looks to ‘begin the next chapter’

www.theguardian.com

vegeta@lemmy.world to News@lemmy.world · 1 day ago
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Saudi investors stopped backing LIV Golf this year although top players like Jon Rahm, Bryson DeChambeau and Cam Smith are still involved
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  • dhork@lemmy.world
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    1 day ago

    It’s served its purpose. It has funneled money directly into Trump’s pocket, by hosting LIV events at his golf courses. After laundering Saudi bribe money, the Saudis can now stick all the other investors with the bill.

    • AbidanYre@lemmy.world
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      1 day ago

      Don’t forget sportswashing the Saudi regime.

      • LifeInMultipleChoice@lemmy.world
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        22 hours ago

        Pretty sure the investors are the same ones that just bought EA with the son in law as well. So I’m not sure what the term sports washing entails, but EA does a lot of sports games if I recall.

        • AbidanYre@lemmy.world
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          19 hours ago

          https://en.wikipedia.org/wiki/Sportswashing

          Basically using sports as a form of PR.

          • LifeInMultipleChoice@lemmy.world
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            19 hours ago

            Ah okay. So it’s giving people a distraction. Whether it be the colloseum, the Olympics, or an NFL team.

  • nul42@lemmy.ca
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    17 hours ago

    When the next chapter is chapter 11.

  • badgermurphy@lemmy.world
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    1 day ago

    Chapter 11, amirite?!

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