LIV Tour finds money to continue league
LIV Golf CEO Scott O’Neil announced an agreement Wednesday with a lead investor that would allow the rival league to forge ahead without the backing of Saudi funding while making players major equity holders. “So many of them came because this was a good opportunity for them to make some money, and this second bite at the apple is equity instead of cash,” O’Neil said. O’Neil was short on details, starting with the identity of the investor and how much money was involved. He said the lead investor “has signed a term sheet approved by our board, which will carry and fund LIV ...