LIV Golf is a professional golf tour, financed by The Public Investment Fund (PIF), the sovereign wealth investment fund of Saudi Arabia and one of the largest in the world.
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The PIF is backing and financing LIV Golf Investments, the parent company of LIV Golf.
Of notable mention is the fact that the crown prince of Saudi Arabia, Mohammed bin Salman is the head of the PIF.
What does LIV mean in Golf?
The name LIV is a reference to the Roman numeral for 54, the score if every hole on a par-72 course were birdied and the number of holes to be played at LIV events.
What does LIV Golf tour mean?
The LIV Golf Tour is the name of the start-up tour which is attempting to compete with the PGA Tour.
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The LIV Golf Tour was commonly referred to as the “Saudi Golf League” during its early days given that it is financially backed by Saudi Arabia.
The LIV Golf Tour will host eight events during its inaugural season.
How did LIV Golf get its name?
As mentioned earlier, LIV translates to 54, which is the number of holes each player will complete in each event’s three-round format, which is one fewer round than a typical PGA Tour workweek, but for a lot more money.
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