re: LIV Golf Adelaide

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You have no facts, you’re just saying what you “think” is happening.

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Dude you can look up just how hard it is to make money playing global events for golf. It’s all out there. Or you can actually talk to one of our posters that puts these type of events on

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By far the biggest problem is that there are vanishingly few sponsors outside the U.S. who will put up the kind of sponsorship dollars required to host $15 - 20+M professional golf event every year outside the U.S. It's not like this is the first, second, or tenth iteration of this idea; it's just that LIV has sponsors that, to date, have not cared one shite about actually making money.

The way to get around it is to make it more worth their while (a la Formula 1), but that takes time.

In other words, look at even what is likely a relatively "successful" event in LIV term at Adelaide: that tournament is still going to be a gigantic money loser for the organization. $25M purse + $5 - 10M in operating expenses + approximately $20 - 30M allocated annualized "Capex" in player acquisition fees. That tournament isn't sniffing $20M in revenue both on site and TV included.

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