Report: PIF’s LIV Golf investment nearing $5B as losses mount
The Saudi Arabia Public Investment Fund is nearing $5 billion in total investment in LIV Golf, according to financial documents reviewed by the Money in Sport newsletter on Thursday.
Golf Sport News
Porto draw with Roma as Fenerbahce win in Europa League play-offs
PARIS: Porto and Roma drew 1-1 in the first leg of their Europa League knockout phase play-off Thursday, while Jose Mourinho’s Fenerbahce took a big step toward the last 16 with a 3-0 win over Anderlecht. Zeki Celic gave 2023 runners-up Roma the lead in first-half stoppage time in Portugal, but Porto defender Francisco Moura’s deflected strike ensured the teams will head to Italy next week with the tie finely poised. Roma played the final 18 minutes a man down after Bryan Cristante was sent off for two yellow cards, with coach Claudio Ranieri fuming at the final whistle. In Turkiye, Former Premier League duo Dusan Tadic and Edin Dzeko scored in the first half for Fenerbahce before Morocco international Youssef En-Nesyri headed in a third for Galatasaray to give them full control. Mourinho won the competition with Porto in 2003 and again with Manchester United in 2017, also reaching the final when he was in charge of Roma two years ago. “We played very well, but I can’t say ‘a good result’. We need to advance to the next round for this to be a good result,” said Mourinho. “Normally, of course, when you are leading 3-0, you are happy, but there is a second leg.
Medvedev into first quarter-final of 2025 in Marseille
MARSEILLE: Former world number one Daniil Medvedev reached his first quarter-final of 2025 in Marseille on Thursday as China’s Zhang Zhizhen stunned fourth seed Hubert Hurkacz. Eighth-ranked Medvedev defeated French qualifier Pierre-Hugues Herbert 6-2, 6-4 in a repeat of the 2021 final, which Medvedev also won. Medvedev, playing in Marseille on a wild card after second round exits at the Australian Open and in Rotterdam, is seeking his first title since Rome in 2023. “Funny enough we have played five times on tour and three times in Marseille,” Medvedev said. “It is where we meet all the time and I am happy that I played at a good level.
How to watch LIV Golf Adelaide 2025: Date, time, TV channels, streaming
LIV Golf's second event of the season takes place in Adelaide. Keep reading for more information on dates, times, how to watch, and more.
Somi Lee leads way at PIF Saudi Ladies International, Team Kyriacou set the pace
RIYADH: Korea’s Somi Lee surged to the top of the leaderboard at the PIF Saudi Ladies International on Thursday, delivering a flawless 7-under-par 65 in the opening round at Riyadh Golf Club.
Newcomer Duran stars as 10-man Al-Nassr defeat Al-Ahli
Al-Nassr won 3-2 at Al-Ahli on Thursday to keep their the Saudi Pro League title hopes alive. Two goals from new signing Jhon Duran made the difference in Jeddah as the Riyadh side came away with an impressive victory despite playing with 10 men for almost the entire second half.
No women crack annual list of 100 highest-paid athletes topped by Cristiano Ronaldo
Cristiano Ronaldo again topped the list of the world's highest-paid athletes with total income of $260 million US in 2024, according to sports industry news site Sportico, but there were no women in the top 100.
Somi Lee sets scorching pace at Saudi Ladies International
Korea’s Somi Lee fired a sizzling opening round of 65 to lead the PIF Saudi Ladies International by a stroke after the first day's play.