Yasir Al-Rumayyan might wonder how this squares with LIV's CEO saying as recently as February that profitability is 5-10 years away.
LIV Golf "will seek to raise up to $250 million from new investors," according to Axios, which "could get LIV to profitability within around 20 months."
Reminder: The PIF was spending $1 billion per year on LIV.
Tournament prize money alone this year is $462 million.