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How does LIV have the money to pay all these players guaranteed contracts
Posted on 7/20/22 at 3:42 pm
Posted on 7/20/22 at 3:42 pm
Surely they won’t make the money back by crowds at their events? Is this simply an F- you to the PGA because they can?
6
Posted on 7/20/22 at 3:54 pm to Revelator
Its sportswashing by the Saudis, they aren't making their investment back in money, they are making it back in an "improved" imagine when people associate them with great athletic events. See world cup 2022 as another example.
Posted on 7/20/22 at 3:55 pm to Hermit Crab
quote:
Its sportswashing by the Saudis, they aren't making their investment back in money, they are making it back in an "improved" imagine when people associate them with great athletic events. See world cup 2022 as another example.
I see.
Posted on 7/20/22 at 3:57 pm to Revelator
Saudi Public Investment Fund. $600+ billion. They expect the fund to be worth north of 2 trillion dollars by 2030. Money is of no concern.
Posted on 7/20/22 at 4:06 pm to Revelator
Saudis literally have a scroog mucduck golf coin pit.
This is a toy for them.
They could give zero fricks about a profit or if this is worth it fiscally.
This is a toy.
This is a toy for them.
They could give zero fricks about a profit or if this is worth it fiscally.
This is a toy.
Posted on 7/20/22 at 4:17 pm to Revelator
The House of Saud makes about 200 million a day.....
Posted on 7/20/22 at 4:23 pm to CBandits82
quote:
They could give zero fricks about a profit or if this is worth it fiscally.
Incorrect.
An initial investment of a couple billion can be made back on live sports pretty quickly. Look at the current media deal for the PGA Tour. Almost a billion a year.
Posted on 7/20/22 at 4:49 pm to Revelator
Yea liv golf will cease to be a thing in a few years when these contracts have been paid still nobody is watching.
But yes they don’t care. Oil money runs deep
But yes they don’t care. Oil money runs deep
Posted on 7/20/22 at 9:35 pm to Mingo Was His NameO
quote:
. Look at the current media deal for the PGA Tour. Almost a billion a year.
That’s for 50ish events a year with 4 days of coverage. Not sure what 8 events would pull in if they could get a tv deal. And if they add more events then that’s going completely against what all these guys are saying when they join about wanting to have more free time.
Posted on 7/21/22 at 6:14 pm to Revelator
Have you seen the gas prices lately?
Posted on 7/22/22 at 2:27 pm to Hermit Crab
quote:
Its sportswashing by the Saudis, they aren't making their investment back in money, they are making it back in an "improved" imagine when people associate them with great athletic events. See world cup 2022 as another example.
The only reason I even know it’s funded by the Saudis is because of the media obsession. They won’t shut up about it.
Posted on 7/23/22 at 1:44 am to The Pirate King
Yeah I mean it’s not important at all to hammer home the point so the public is aware that the clan that literally did 9/11 is single-handedly funding this golf tour with motives that are not aligned with the golf fan in any way.
Posted on 7/23/22 at 6:53 am to 3oliv3
You talking about people that will drive a 500k car and leave it in the desert
Posted on 7/23/22 at 7:43 am to 3oliv3
quote:
Yeah I mean it’s not important at all to hammer home the point so the public is aware that the clan that literally did 9/11 is single-handedly funding this golf tour with motives that are not aligned with the golf fan in any way
Ok Brandel
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