Billions wasted: LIV Golf, European Super League and the biggest flops in sporting history
The National · 8 Nov 2026

Billions wasted: LIV Golf, European Super League and the biggest flops in sporting history

The least surprising news of the week arrived on Friday when it was confirmed that LIV Golf is facing liquidation. The writing was on the wall for the disruptor competition once Saudi Arabia pulled its funding in April. LIV ended up being a financial black hole, estimated to have squandered in the region of $5 billion through its failed attempt to take over world golf.


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