Back to the Golf Newsfeed

LIV Golf Lawyers Say Company Has 'Virtually Zero' Revenue, PGA Tour Damaged Brand

The LIV Golf tour, which is bankrolled by Saudi Arabia's Public Investment Fund, apparently generated "virtually zero" revenue during its first season, according to its lawyers.

Mark Schlabach of ESPN reported LIV attorneys wrote as much in a motion filed Monday with the U.S. District Court for Northern California in an effort to convince U.S. District Court Judge Beth Labson Freeman to deny efforts from the PGA Tour to add the Public Investment Fund and its governor, Yasir Al-Rumayyan, as plaintiffs to its countersuit against LIV.

There is a January 2024 trial date scheduled for the countersuit, in which the PGA Tour has alleged LIV Golf interfered with existing contracts with players.