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Firm sponsors pro who joined controversial Saudi Arabia-funded LIV Golf series

The company said it shares 'the concern that many people have expressed about Saudi Arabia's human rights record'

Oliver Bekker of South Africa tees off on the 11th hole during the first round of the BMW International Open at Golfclub Munchen Eichenried on June 23, 2022 in Munich, Germany(Image: Getty Images)

A North West business has been named as a sponsor of a golfer taking part in the LIV Golf series that has been hit by the human rights concerns connected to its main funder, Saudi Arabia.

Videosign, a digital security software specialist headquartered in Liverpool announced on Wednesday it had become an official sponsor of Oliver Bekker.

In a statement issued to BusinessLive, the company said it shares "the concern that many people have expressed about Saudi Arabia's human rights record, and we hope that the debate prompted by LIV Golf and other Saudi investment in sport will help to raise awareness of these issues and lead to positive change".

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The South African took part in the first event of the breakaway competition in London earlier this month.

The 54-hole tournament got underway on Thursday, June 9, with a prize fund of £3.8m on offer to the winner.

Overall, £25m was distributed to the 48-man field while a team competition ran alongside the individual event. The series has now moved on to the US.

The sponsorship deal comes after Videosign recently secured a £1.15m investment from Moonstone Group, which provides a portfolio of compliance, education and fintech services to the financial services market in South Africa.