Fionn Davenport
๐ค SpeakerAppearances Over Time
Podcast Appearances
Hi, Clare.
Well, it's the least surprising bit of news given that from the outset, the model for Live Golf was just unsustainable and was really just existed because the PIF, which is the fund that gave over $5 billion to create this league in the first place, was never going to make a profit because
It was paying its top stars hundreds and hundreds of millions just as a signing on bonus.
Huge purses.
And it had relatively few viewers.
You know, it didn't have a TV audience until this year.
And even then, the TV audience is fairly insubstantial.
So, yeah, as I said, it's the least surprising bit of news and probably the
I mean, I obviously don't know what's going on at the heart of PIF, but they've decided that they're going to pivot and focus their monies and attentions elsewhere.
Well, the reports are they're going to fund the tour until the end of the season.
So there are two events still on the schedule at Trump-owned courses.
So perhaps there's political reasons why they don't want to cancel those.
The reason they're giving for suspending or postponing the event in Louisiana is because it clashes with the World Cup, which, as you know, is taking place in the U.S.
and Mexico and Canada this year.
So already with very small audiences, perhaps they don't want to risk losing what little audience they have.
But beyond this season, it's unlikely that Lib will exist, certainly in its current format.
Well, that is absolutely the case.
So the big stars, the likes of Bryson DeChambeau or John Ram or even Cameron Smith, all three of whom have won major championships, are indeed big stars in the world of golf.
They won't struggle getting pathway back into the PGA Tour, although publicly there might be a lot of rumbling and a lot of browbeating about like they must pay their dues.
But realistically, the PGA Tour wants these guys back.