LIV Golf secures funding and looks to Trump for help relaunching bankrupt competition Sport Business LIV Golf chiefs are hoping for help from US President Donald Trump as they look to relaunch the league without the backing of Saudi Arabia’s Public Investment Fund. The bankrupt team golf competition, home to stars Bryson DeChambeau and Jon Rahm, has secured funding from BC Partners and says it is in talks with more [...]
Greg Norman: I’d rather see LIV Golf end than wither away Sport Business Former LIV Golf CEO Greg Norman has said he would rather see the rebel tour scrapped altogether than continue in a diminished form. The tour’s future is in serious doubt after Saudi Arabia’s Public Investment Fund withdrew its backing earlier this year, having already spent $5bn on rivalling the PGA Tour. Talks continue over a [...]
Southampton owner Solak steps up £170m fight with London fund Sport Business Billionaire Southampton FC owner Dragan Solak has escalated a legal battle with London-based private equity fund BC Partners, which he says owes him and his business partners £170m. Solak has asked Dutch authorities to investigate what he calls a “serious governance crisis” at United Group, the telecoms and media business he founded but which is [...]