Golf District | How LIV Golf PLANS To TAKE OVER The Golf World Next Year.. @golfdistrict1195 | Uploaded December 2022 | Updated October 2024, 23 hours ago.
How LIV Golf PLANS To TAKE OVER The Golf World Next Year..
Welcome back to Golf District. In the eve of the finale for LIV Golf’s inaugural season — a team competition offering the largest purse ($50 million) of any golf event in history — much of the brain trust for the insurgent circuit sat around a table inside Trump Doral National Golf Club late last month contemplating a reporter’s question: How soon does their business model need to start generating substantial revenue? An opening act defined by disruption, opulence and controversy ended with LIV still standing, still growing after confronting fierce headwinds from fracturing a traditionally conservative industry and being bankrolled by the seemingly bottomless Saudi Arabia sovereign wealth fund.
But after staging eight events, attracting an increasingly talented stable of golfers, and spending nearly $800 million for what they call a beta-test season with relatively little revenue to show from events, merchandise and some international broadcast deals, the goal posts now move. Financial expectations rise as LIV officials remain bullish on securing a much-needed media rights deal and signing the first league and team sponsors as the start of their second season approaches in February. Despite possessing what former president and ardent supporter Donald Trump called “unlimited money,” LIV executives double down that it’s imperative they start to tap into traditional revenue streams.
#LIVGolf #GoingTheDistance #Golf
Related Videos:
The Future of Golf: LIV Golf 2023
youtube.com/watch?v=FaTvYbANkPI
More BAD NEWS for LIV GOLF
youtube.com/watch?v=EoCMJwg6rUE
LIV Golf REVEALS How Bad It's Really Getting..
youtube.com/watch?v=DpYdwAzzwfA
How LIV Golf PLANS To TAKE OVER The Golf World Next Year..
Welcome back to Golf District. In the eve of the finale for LIV Golf’s inaugural season — a team competition offering the largest purse ($50 million) of any golf event in history — much of the brain trust for the insurgent circuit sat around a table inside Trump Doral National Golf Club late last month contemplating a reporter’s question: How soon does their business model need to start generating substantial revenue? An opening act defined by disruption, opulence and controversy ended with LIV still standing, still growing after confronting fierce headwinds from fracturing a traditionally conservative industry and being bankrolled by the seemingly bottomless Saudi Arabia sovereign wealth fund.
But after staging eight events, attracting an increasingly talented stable of golfers, and spending nearly $800 million for what they call a beta-test season with relatively little revenue to show from events, merchandise and some international broadcast deals, the goal posts now move. Financial expectations rise as LIV officials remain bullish on securing a much-needed media rights deal and signing the first league and team sponsors as the start of their second season approaches in February. Despite possessing what former president and ardent supporter Donald Trump called “unlimited money,” LIV executives double down that it’s imperative they start to tap into traditional revenue streams.
#LIVGolf #GoingTheDistance #Golf
Related Videos:
The Future of Golf: LIV Golf 2023
youtube.com/watch?v=FaTvYbANkPI
More BAD NEWS for LIV GOLF
youtube.com/watch?v=EoCMJwg6rUE
LIV Golf REVEALS How Bad It's Really Getting..
youtube.com/watch?v=DpYdwAzzwfA
