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LIV Golf rides again

Posted on 8/5/26 at 10:30 am
Posted by The Egg
Houston, TX
Member since Dec 2004
83886 posts
Posted on 8/5/26 at 10:30 am
Posted by Dawgsontop34
Member since Jun 2014
46453 posts
Posted on 8/5/26 at 10:35 am to
This feels like the guy whose girlfriend goes to a different school.

Interested to see who this major investor is, or if it is just a thing you say to try and get other people involved.
Posted by lsupride87
Member since Dec 2007
112343 posts
Posted on 8/5/26 at 10:38 am to
Liv can’t comment on whether a tournament 3 weeks away is happening(when it’s 100% obvious it isn’t happening yet they refuse to announce it)

They can’t comment on who the investor is

They can’t comment on the terms of the investment

Yet, they want more investors and players to buy in with majority stake of the risk

This post was edited on 8/5/26 at 10:40 am
Posted by Broski
Member since Jun 2011
83039 posts
Posted on 8/5/26 at 10:39 am to
When they say "players will have a major equity stake" do they mean every player will have major equity?


If so, that reeks of desperation. Back in the days of the old USFL, the Shreveport Steamers were giving away stock to the local laundromat that washed their uniforms as a form of payment.
Posted by lsupride87
Member since Dec 2007
112343 posts
Posted on 8/5/26 at 10:40 am to
Instead of Schrute bucks they will get paid in Liv bucks
Posted by WestCoastAg
Member since Oct 2012
150914 posts
Posted on 8/5/26 at 10:42 am to
What's the conversion of Schrute bucks to LIV bucks?
Posted by RolltidePA
North Carolina
Member since Dec 2010
5742 posts
Posted on 8/5/26 at 10:42 am to
$250 million is a drop in the bucket for what LIV needs to stay in operation. That doesn't even cover the remainder of Rahm and a couple other players contracts let alone funding operations.

I'm not even a LIV hater, it drove some necessary change with the PGA tour. That said, it's time has passed and it's time to just wrap it all up and see how things get sorted out.
Posted by lsupride87
Member since Dec 2007
112343 posts
Posted on 8/5/26 at 10:44 am to
They didn’t announce they got 250 million either. They wouldn’t comment on anything of the “terms”
Posted by RedHawk
Baton Rouge
Member since Aug 2007
9719 posts
Posted on 8/5/26 at 10:45 am to
quote:

I'm not even a LIV hater, it drove some necessary change with the PGA tour.


PGA Tour is way worse off now than before LIV ever existed. pGA had to bring in PE and over extended themselves to thwart off this hostile takeover attempt.
Posted by lsupride87
Member since Dec 2007
112343 posts
Posted on 8/5/26 at 10:46 am to
quote:

I'm not even a LIV hater, it drove some necessary change with the PGA tour. That said, it's time has passed and it's time to just wrap it all up and see how things get sorted out.
All trolling aside, why is LIV doing this? Do they have to make good faith efforts appearances for their bankruptcy claim? If so I get it. Anything short of that this makes no sense

It’s impossible to even stat a new Football league, and football has a different galaxy of popularity than golf. There is a 0.0%% chance you can turn a profit with a new golf league. It couldn’t even work with unlimited Saudi money . Even with the best business minds it is impossible.
This post was edited on 8/5/26 at 10:47 am
Posted by RolltidePA
North Carolina
Member since Dec 2010
5742 posts
Posted on 8/5/26 at 10:48 am to
quote:

They didn’t announce they got 250 million either. They wouldn’t comment on anything of the “terms”



True, I was commenting on this part of the articles that have been out there today. "O'Neil is seeking $250 million to $300 million to keep the league alive"

That money isn't going to save the league.
Posted by RolltidePA
North Carolina
Member since Dec 2010
5742 posts
Posted on 8/5/26 at 10:53 am to
quote:

All trolling aside, why is LIV doing this? Do they have to make good faith efforts appearances for their bankruptcy claim? If so I get it. Anything short of that this makes no sense


Agree. I really can't imagine why they are trying to continue on a this point unless they are trying to show that they aren't abandoning their responsibilities for the following bankruptcy.
Posted by RolltidePA
North Carolina
Member since Dec 2010
5742 posts
Posted on 8/5/26 at 11:02 am to
quote:

PGA Tour is way worse off now than before LIV ever existed. pGA had to bring in PE and over extended themselves to thwart off this hostile takeover attempt.


PGA tour viewership is now the highest since it peaked in 2006 with a prime Tiger leading viewership and has been trending up since their renewed efforts since LIV got started. Last weeks 3M tournament viewership was up 100% from last year and has had YOY gains in the last 5 years. They would have ever been forced to refocus if LIV never challenged them.

PE was always going to be at play with the tour, as it's found its way into every other sport and now even college sports. Debate the health of that all you want, but it was always going to happen.
Posted by Dawgsontop34
Member since Jun 2014
46453 posts
Posted on 8/5/26 at 11:08 am to
quote:

Last weeks 3M tournament viewership was up 100% from last year


To be fair here, it was a 21 year old phenom in his 3rd professional start battling the world #1 instead of Kurt Kitayama battling Sam Stevens.
Posted by tigerfan88
Member since Jan 2008
9235 posts
Posted on 8/5/26 at 11:15 am to
Scottie definitely helped, but also highlights something LIV has failed miserably at. They’ve just shown no ability to make stars out of no name players or out of young talent.

In the past couple of years you’ve had guys like Ben Griffin, Gotterup, Koivun, Aberg, Thornjornsen, Ryan Gerard, Alex Fitzpatrick, Bud Cauley all have a win or go on runs or have moments where they’ve captured the public’s attention and become, if not household names or stars, at least players that the moderately engaged fan is interested in and aware of on a leaderboard. There isn’t a single player on LIV (other than Bryson on YouTube) who is more popular after going to LIV than they were before.
Posted by Hermit Crab
Under the Sea
Member since Nov 2008
7453 posts
Posted on 8/5/26 at 11:19 am to
quote:

Interested to see who this major investor is, or if it is just a thing you say to try and get other people involved.


what other countries are into Sportswashing? Qatar, UAE, Venezuela (with Trump involvement)
Posted by evil cockroach
27.98N // 86.92E
Member since Nov 2007
9341 posts
Posted on 8/5/26 at 12:01 pm to
quote:

Interested to see who this major investor is, or if it is just a thing you say to try and get other people involved.
this. Or , yes, it’s an investor …at half the cash the PIF pumped in , so way lower purses
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