A group headlined by Greg Norman is the latest new venture preparing to offer an alternative league to the dominant PGA Tour in professional golf.
On Friday, Norman, 66, who is a multiple major champion and was the world’s top-ranked player for more than five years, announced his association with LIV Golf Investments, whose major shareholder is the Public Investment Fund, an investment arm of Saudi Arabia’s government.
Norman’s group has committed to stage an additional 10 events on the Asian Tour in the next decade. But the enterprise’s goals are for a prominent worldwide presence, with play beginning as early as next year.