LIV, a new golf league funded by Saudi Arabia’s sovereign wealth fund, aims to rival the P.G.A. Tour—and has cleaved the world of professional golf into warring camps.
had poached enough players to be viable. It had signed a couple of stars , some aging has-beens , and a handful of lower-ranked players . Six more were rumored to be defecting after the tournament.
Today, Saudi golf operations are within the purview of Yasir Al-Rumayyan, the governor of the wealth fund and the chairman of Aramco. Rumayyan is polite, with wavy black hair and well-cut suits. In 2015, he was running a bank when M.B.S. offered him a job as an adviser. Later, M.B.S. named him head of the fund. Terms were not discussed. “You will do it,” M.B.S. said. An American analyst who has dealt with Saudi officials told me that Rumayyan “is known as being sort of obsequious.
The Saudis’ budget, however, was notably bigger. M.B.S. isn’t known to play golf , but a person who has communicated with him told me that an investment so large would typically require the board’s sign-off, and M.B.S. chairs the board.’s first event was in London, in June. The purse was twenty-five million dollars, the largest ever in golf. The league held a launch party to introduce its teams.
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