LIV Golf’s future in doubt with Saudi Arabia ‘set to pull funding’

Business & FinanceSports
16 Apr 2026 • 3:53 PM MYT
The Independent
The Independent

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  • Reports indicate Saudi Arabia's Public Investment Fund (PIF) may cease funding LIV Golf after four years, despite investing over $5bn since the league's launch in June 2022.
  • LIV Golf, which signed numerous high-profile PGA Tour stars, has reportedly struggled to gain widespread attention and remained isolated within the sport.
  • An 'emergency meeting' of LIV Golf executives was reported, though senior figures maintain the league will continue 'at full throttle', with its next event in Mexico proceeding as planned.
  • The PIF's new five-year investment strategy focuses on 'sustained value creation' and 'efficiency of investments', suggesting a potential shift towards major events like the 2034 World Cup rather than projects like LIV Golf.
  • The league's future is uncertain, with some players having already left LIV Golf to rejoin the PGA Tour, highlighting ongoing challenges with major tournament access and overall impact.

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