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re: How is the LIV not bleeding money?
Posted on 6/29/25 at 9:33 pm to Mingo Was His NameO
Posted on 6/29/25 at 9:33 pm to Mingo Was His NameO
What was i wrong about? How much trillionares draw in I interest?
Posted on 6/29/25 at 9:34 pm to Themicah86
quote:
What was i wrong about?
quote:
drawing 20+ million a year on interest seems unrealistic.
For the record HP had about $7.25 million in interest income in Q1 of 2025 with a little over $2.5 billion in net income in 2024. The PIF had revenue of over $88 billion last year.
This post was edited on 6/29/25 at 9:38 pm
Posted on 6/29/25 at 9:45 pm to Themicah86
quote:
If cbs did away with covering college football and ja rule started commentating I would like that less also.
Ja Rule is a liv commentator?!
Posted on 6/29/25 at 10:00 pm to Themicah86
quote:
What was i wrong about?
Well, for one, you seem to be confusing “interest” with the amount of deposited cash that is backed by the FDIC.
As a hint, they are not related.
The US Government pays nearly $1 trillion a year in interest to its bond holders.
Banks pay interest on CDs - same principle.
This isn’t very complicated. But you seem to think that having a lot of money means you don’t make money on interest. Or that if for some reason you lent $1bn to a bank they’d offer you a very low interest rate compared to the market.
So I’ll ask again, what point are you trying to make?
This post was edited on 6/29/25 at 10:01 pm
Posted on 6/30/25 at 6:13 am to LSUButt
quote:
Yes. They signed a Fox tv deal…it is worth a lot. Not NFL/NBA/PGA but a lot
LIV pays the production costs so it wasn’t a lucrative TV deal.
They also handed out guaranteed contracts in the hundreds of millions to lure PGA players to come to LIV. They’ve probably lost close to a billion at this point.
Posted on 6/30/25 at 8:29 am to Themicah86
quote:
im nowhere near a multi billionaire but drawing 20+ million a year on interest seems unrealistic.
Regardless of how the money is invested, if it truly is $1 trillion then a 1% return would be $100 million.
Posted on 6/30/25 at 8:45 am to Themicah86
quote:
How is the LIV not bleeding money?
OIL
Posted on 6/30/25 at 8:47 am to Themicah86
Sportswashing ain’t about making money bro
Posted on 6/30/25 at 9:07 am to Themicah86
I'll never really understand LIV going with an XFL approach instead of just outclassing PGA events in obnoxious trillionaire fashion
Show me 8k shots of Bryson by drones hanging off of a Scottish cliffside
Show me 8k shots of Bryson by drones hanging off of a Scottish cliffside
Posted on 6/30/25 at 9:16 am to TT9
quote:
. It's an irrelevant tour and it's never gonna get a audience.
They have more stars than the PGA
Posted on 6/30/25 at 9:33 am to chalmetteowl
quote:According to rankings that include LIV players, they have 6 players in the top 50
They have more stars than the PGA
This post was edited on 6/30/25 at 9:36 am
Posted on 6/30/25 at 9:41 am to Pettifogger
quote:
I'll never really understand LIV going with an XFL approach instead of just outclassing PGA events in obnoxious trillionaire fashion
Show me 8k shots of Bryson by drones hanging off of a Scottish cliffside
That's an excellent idea that I've never thought of. A lot of my interest in golf tournaments is driven by the course. LIV plays worse courses than the PGA Tour, and the PGA tour can only play courses that can fit their huge infrastructure. LIV doesn't need all of that. It would be cool to see a tournament at Cape Kidnappers, Brora, etc. I don't care if pros would decimate that course. It would be cool just to see them.
Posted on 6/30/25 at 9:42 am to lsupride87
quote:
According to rankings that include LIV players, they have 6 players in the top 50
Rankings aren’t the only metric that dictate stars. Is Phil even in the top 1000 in the world?
Posted on 6/30/25 at 9:46 am to Mingo Was His NameO
Ok let’s do the dumbass “stars” and it not actually being good at golf (because then we can argue forever on semantics)
PGA tour
Tiger
Rory
Scottie
Xander
Spieth
JT
Rickie
LIv
Bryson
Phil
Sergio
Rahm
Koepka
DJ
You still aren’t getting more from LIV
Ranking of most followed golfers on social media
1. Woods
2. Rory
3. Bryson
4. Rickie
5. Spieth
6. JT
7. Scheffler
8. Koepka
9. DJ
10. Phil
11Bubba
12. Rose
13. Hovland
14. Day
15. Homa
16. Rahm
17 Morikowa
18 Fleetwood
19 Xander
20 Aberg
21 Lowry
22! Bhatia
23 Keegan
24 Hideki
25 horshel
18 of 25 from PGA
PGA tour
Tiger
Rory
Scottie
Xander
Spieth
JT
Rickie
LIv
Bryson
Phil
Sergio
Rahm
Koepka
DJ
You still aren’t getting more from LIV
Ranking of most followed golfers on social media
1. Woods
2. Rory
3. Bryson
4. Rickie
5. Spieth
6. JT
7. Scheffler
8. Koepka
9. DJ
10. Phil
11Bubba
12. Rose
13. Hovland
14. Day
15. Homa
16. Rahm
17 Morikowa
18 Fleetwood
19 Xander
20 Aberg
21 Lowry
22! Bhatia
23 Keegan
24 Hideki
25 horshel
18 of 25 from PGA
This post was edited on 6/30/25 at 9:53 am
Posted on 6/30/25 at 10:03 am to DestrehanTiger
quote:
That's an excellent idea that I've never thought of. A lot of my interest in golf tournaments is driven by the course. LIV plays worse courses than the PGA Tour, and the PGA tour can only play courses that can fit their huge infrastructure. LIV doesn't need all of that. It would be cool to see a tournament at Cape Kidnappers, Brora, etc. I don't care if pros would decimate that course. It would be cool just to see them.
100%, that's what I candidly expected would happen and I was disappointed. They can splash cash to rarely-seen courses and use no-budget $$$ for tech to show it to us.
Instead we get gimmicky team names
Posted on 6/30/25 at 10:04 am to Pettifogger
quote:Those courses would likely tell them to frick off
They can splash cash to rarely-seen courses
They are rarely seen for a reason
Posted on 6/30/25 at 3:39 pm to Wayne Campbell
quote:
Regardless of how the money is invested, if it truly is $1 trillion then a 1% return would be $100 million.
Ummm, I think there is a typo here.
Actually never mind, I would love to be your investment advisor, I guarantee you I will pay you a 10% return on everything I invest for you!
Posted on 6/30/25 at 3:42 pm to NOLALGD
quote:
Ummm, I think there is a typo here.
You right. But the larger point still being that a very minimal rate of return would generate millions of dollars in interest on that amount of capital.
Posted on 6/30/25 at 4:07 pm to Themicah86
Poor troll attempt?
Anyone with 3rd grade google ability can find out everything they need to know about LIV and the Saudis.
0/10 for your efforts.
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