Saudi-funded LIV Golf are reportedly set to ‘stop paying travel expenses’ for its players and caddies, as the mega-money series look to crack down on their spending during its second season.
LIV Golf will stop paying travel expenses from 2024.
It has also been suggested that when images circulated of breakaway tour players 'carousing' on private jets the so-called 'mastermind' of the tour was 'livid'. 🤯✈️
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— GolfMagic (@GolfMagic) March 1, 2023
Bankrolled by Saudi Arabia’s Public Investment Fund, LIV Golf caused a stir in the sport in 2022 when it lured some of the top players away from the existing Tours with the promise of guaranteed, big-money paydays and a reduced schedule.
There is no doubt LIV has not been short of cash following its inception last summer, signing players on multi-million-pound deals, whilst offering lucrative prize pots in each of its tournaments.
One other incentive that was offered was the covering of expenses as the players and caddies made their way across the globe to compete.
According to media reports, however, all-expenses-paid plan for both players and their caddies had been scrapped with the decision coming with LIV no doubt looking to further enhance their business model in 2023.
In their maiden season the circuit’s lawyers confirmed that LIV had made ‘virtually zero revenue’, whilst economy expert Steve Levitt claimed he did not see the breakaway tour ‘lasting more than a couple of years’ if its current model was anything to go by.