Golf legend Greg Norman of Australia has been appointed as the new chief executive of a newly formed company, LIV Golf Investments. - AP
SINGAPORE, Oct 30, 2021 (AFP): Greg Norman said it was "only the beginning" as the former world number one golfer teamed up with the Asian Tour on Friday (Oct 29) to launch 10 new events to take place every year over the next decade.
The partnership comes with financial backing from PIF -- the Saudi sovereign wealth fund involved in the recent takeover of Newcastle United -- and a commitment of more than $200 million, a statement released by the tour said.
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