LIV Golf aimed to destroy European tour, says DP World Tour CEO
Summarised from 2 outlets · Updated 4 Nov, 14:48 · Archive
Guy Kinnings, CEO of the DP World Tour, says LIV Golf spent over $7 billion with the aim of destroying the European tour.
The DP World Tour's CEO Guy Kinnings says LIV Golf aimed to 'destroy' the European circuit, according to an interview with The Scotsman newspaper. Kinnings said the Saudi-backed breakaway league spent over $7 billion in pursuit of this goal among others.
LIV Golf disrupted professional golf by offering top players from the European and PGA Tours substantial sums from Saudi Arabia's sovereign wealth fund, the PIF. Players including Jon Rahm, Tyrrell Hatton and Sergio Garcia accepted these offers and joined the league.
However, LIV Golf is now struggling to survive. The league is working through Chapter 11 bankruptcy with a $300 million pledge from BC Partners Credit and operates as a scaled-back 'LIV 2.0' version without Saudi investment. Most of the league's top names have quit and plan to return to the established circuits, with some eligible for sponsor invites.
Kinnings said he must balance regaining star players with members' unhappiness at LIV players returning to the tour after causing significant disruption.

How it is being reported
- LIV Golf's aim was to 'destroy' us, says European tour CEOLIV Golf wanted to “destroy” the European tour.Clickorlando · 4 Nov, 14:01
- LIV Golf's aim was to 'destroy' us, says European tour CEOLIV Golf wanted to “destroy” the European tour.News4Jax · 4 Nov, 14:01
In this story: Guy Kinnings · DP World Tour · LIV Golf · Jon Rahm · Tyrrell Hatton · Sergio Garcia · Saudi Arabia
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