Phew, folks, the golf world is spinning at full throttle once again, bringing some surprises to light. Currently, none other than Rory McIlroy's former manager, the outspoken Chubby Chandler, is stirring up a lot of conversation. His declaration: After all the LIV Golf drama, the DP World Tour stands as the biggest loser. Ouch!
The bombshell dropped when the Saudi Arabian PIF announced it would cease financial support for LIV Golf. And that's precisely where Chandler comes in. According to him, the DP World Tour is the hardest hit by this 'fallout,' a truly bitter setback considering how the past few years have unfolded.
Painful Numbers
Chandler, known for his frankness and insider view, has already delivered some hard facts on X (formerly Twitter) that make the situation even more drastic. In just three years, the LIV Golf League generated $107 million in revenue, but simultaneously accumulated gigantic losses of $1.1 billion. Cash was really flying around, but only in one direction.
What's Next?
These numbers show that the whole thing was not a sustainable model. And if the PIF's money tap now turns off, it looks really bleak for the DP World Tour, which has also had to constantly contend with LIV defectors and the PGA Tour. It remains to be seen how this will unfold for the Tour and what new strategies they will have to pull out of their hat to stay in the game. The next few months will be exciting, golfers!
