About this episode

Michael Glading discusses the implications of Saudi Arabia's PIF pulling funding from the LIV Golf Tournament.

LIV Golf’s financial backer is pulling its funding after the current season.   Plays and staff will reportedly find out the decision today to axe the funding by Saudi Arabia’s Public Investment Fund.  It’s reportedly cost PIF over US$5 billion to operate the series so far.  NZ Open Tournament Director Michael Glading told Ryan Bridge that the model was flawed from the get-go – you can’t just create teams out of nowhere.  He says if something sounds too good to be true, it is too good to be true.   LISTEN ABOVE   See omnystudio.com/listener for privacy information.

People in this episode

Host: Ryan Bridge

Guest: Michael Glading

Topics covered

• LIV Golf
• Saudi Arabia
• NZ Open
• Michael Glading
• PIF funding
• sports finance

Keywords

• LIV Golf
• Saudi Arabia
• PIF
• Michael Glading
• NZ Open
• funding
• sports

Mentioned in this episode

Organizations: Saudi Arabia's Public Investment Fund, LIV Golf

Places: Saudi Arabia, New Zealand

More episodes of Early Edition with Ryan Bridge

• Full Show Podcast: 05 May 2026 · May 4, 2026 · 34 min
• Carl Findlay: Maritime Union Secretary on the potential delays and cost blowouts to the Cook Strait ferry replacement programme · May 4, 2026 · 3 min
• Jeremy Sutton: Family Lawyer on the divorce rate outpacing the marriage rate · May 4, 2026 · 3 min
• Toni Waterman: US Correspondent on the US saying military ships have been sailing through the Strait of Hormuz · May 4, 2026 · 3 min
• Ryan Bridge: What's the secret to a good marriage? · May 4, 2026 · 2 min
• Marcus Beveridge: Immigration Lawyer on ACT's new immigration policies · May 3, 2026 · 2 min

Explore listener stats, chart rankings, contacts and more on the Early Edition with Ryan Bridge podcast page.