LIV Golf, a global golf league, will lose its financial support from Saudi Arabia’s Public Investment Fund (PIF) after the 2026 season. The PIF, chaired by Crown Prince Mohammed bin Salman, announced that continuing to fund LIV Golf doesn’t align with its current investment strategy. In response, LIV Golf has formed a committee to explore future funding options and appointed new board members to guide its transition to a multi-partner investment model. Despite facing challenges like financial losses and player departures, LIV Golf reported significant revenue growth in 2026. The league, known for its unique format and attracting top PGA stars, aims to secure long-term financial partners to ensure its future success.
QUESTION: How might the loss of financial backing from the PIF impact the future of LIV Golf and its players?
