-
Oil prices, US inflation stoke Fed hike worries
-
Macau to hold closed-door trial in first national security case
-
Free-scoring Chelsea must tighten up, says Alonso
-
Philippines recovers 30 bodies from ferry after blaze
-
US inflation steady in August, fueling Fed rate hike expectations
-
Relative of 9/11 victim unleashes searing attack on Saudi Arabia
-
United boss Carrick dismisses Anderson's 'kings of Manchester' jibe
-
Russell edges Antonelli in accident-free opening practice in Madrid
-
New York marks 25th anniversary of 9/11 attacks
-
Sweden's outgoing PM wants to 'make Sweden great again'
-
Yemen's Houthis take over strait vital to global shipping
-
Fenced off: Thailand builds border wall after Cambodia clashes
-
Russia rolls out long-delayed 5G, but not for iPhones
-
Pakistan's Masood frustrates England's victory push in 3rd Test
-
DR Congo Ebola outbreak spreads to 7th province
-
Revitalised Isak in a 'good place' at Liverpool: Iraola
-
Turning up the heat: Arteta reveals 'challenges' for Arsenal stars
-
Arsenal boss Arteta 'very surprised' at Jesus blast over Barcelona move
-
F2 crash in Madrid underlines fears over 'riskiest track'
-
Czech antitrust office lets Turkey's Pegasus Airlines buy Smartwings
-
Nepal flood reconstruction bill to be $4.78 bn: foreign ministry
-
Maresca says spotlight not on him ahead of Manchester derby
-
Investors on edge as energy costs, surging bond yields roil markets
-
Philippine Coast Guard finds bodies aboard ferry after blaze
-
JUMO and Standard Bank launch Social Finance Framework to scale inclusive finance in Africa
-
UK lawmakers to vote again on failed assisted dying bill
-
Doomsday tech: could AI really kill us all?
-
India welcomes Russia, Iran leaders for BRICS summit overshadowed by war
-
Yemen's Houthis complete takeover of Bab al-Mandab area: govt official to AFP
-
Italian feminist fighter Emma Bonino dies
-
Toronto film festival kicks off with ode to political activism
-
White blazers, pink ties as North Koreans land in Japan for Asian Games
-
French comedy show 'Call my agent' makes film comeback
-
Stocks tumble as oil and inflation worries fan rate hike bets
-
Indonesia seeks to bring back baby orangutans allegedly trafficked to India
-
Tiny Elversberg 'leave Earth's orbit' as Bayern come to town
-
World Cup winner Juan Mata hangs up boots at Melbourne Victory
-
Indonesia to bring back baby orangutans allegedly trafficked to India
-
From potato chips to silicon chips: lobbies cover all in Brussels
-
Business booms as lobbyists push 'priorities' in EU capital
-
Fast-pace dance takes I.Coast's working-class streets by storm
-
All Blacks coaching great Steve Hansen joins rugby league side Manly
-
Putin in India for BRICS summit overshadowed by war
-
'Desperate' Sabalenka books US Open title clash with Rybakina
-
No jet lag for 49ers as Purdy routs Rams in Australia
-
Rybakina rallies to beat Gauff, book US Open final with Sabalenka
-
Mourinho seeking 'killer' Vinicius as Real Madrid face Rayo
-
Manchester derby poses Maresca's first big test, Chelsea aim to end Hull Honeymoon
-
Vance assails Democratic 'hatred' in fiery US midterm pitch
-
It's all coming back: Celine Dion fans gear up for Paris return
Saudi-backed LIV is golf's World Series Cricket, says Mickelson
Six-time major-winner Phil Mickelson compared Saudi-funded LIV Golf to the short-lived but influential World Series Cricket of the 1970s on Thursday, insisting he had picked "the winning side".
Mickelson, speaking ahead of LIV's first event on home soil in Saudi Arabia, said the divisive tour was following a similar template to Australian tycoon Kerry Packer's rebel cricket series.
LIV, bankrolled by oil-rich Saudi's giant Public Investment Fund (PIF), has lured dozens of players with head-turning signing fees and $25 million purses, opening a deep rift in the sport.
"I think you look back into the 1970s, what happened with cricket is probably the best analogy," Mickelson told reporters at Royal Greens Golf and Country Club on Saudi Arabia's Red Sea coast.
"For a long, long time, like 30 years, pretty much all the best players played on the PGA Tour. That will never be the case again.
"You have to pick what side you think is going to be successful, and I firmly believe that I'm on the winning side of how things are going to evolve."
The 1977-1979 World Series divided cricket but popularised one-day and day-night matches, still staples of the sport, before the breakaway venture ended when Packer struck a deal with the Australian board.
When asked what was to stop LIV following a similar path, Mickelson reiterated that the World Series had "totally changed" cricket.
"I didn't grow up with cricket but I am becoming somewhat aware of what Kerry Packer did to evolve cricket and to pay professional cricket players a reasonable fee," the American said.
"I think they were making $200 a game back in the '70s and they weren't getting paid and there wasn't television rights and they were all having other jobs, and yet there was still money coming in.
"And when Kerry Packer came and got involved and started paying the guys what they were worth and what they were bringing in, it totally changed and we're seeing that happen now."
- 'Make a bunch of cash' -
LIV, whose name is made up of the Roman numerals for '54', is played over 54 holes and three days, instead of 72 in four days, with no cut. Only 48 players take part, rather than the usual field of about 140.
Like Packer's rebels, LIV players have been heavily criticised by fans and golf's establishment, including the US PGA Tour which has barred them from its events and Team USA at the Ryder Cup.
With no points available on LIV they are slipping down the world rankings, endangering their chances of playing in the majors.
The financial rewards are huge, however. Mickelson, who has plunged to his lowest ranking in decades, 138th, coincidentally banked an estimated $138 million by July, most of it from his LIV signing fee, according to Forbes.
Mickelson said players stand to "make a bunch of cash" at this week's tournament in King Abdullah Economic City, an isolated development an hour's drive north of Jeddah.
"I see LIV Golf trending upwards and I see PGA Tour trending downwards, and I love the side that I'm on," he said.
"The game of golf is very lucky to have the PIF invest in the game," added the left-hander.
"The game of golf is being influxed with billions of dollars now. And the ability to go global and make golf a truly global sport is really beneficial for the game."
Saudi's expanding portfolio of sports events has drawn accusations of "sportswashing", or using high-profile tournament to distract from its human rights record.
This week's tournament also coincides with a growing row between Saudi Arabia and the United States, after President Joe Biden threatened "consequences" for an OPEC cut to oil production.
E.Rodriguez--AT