LIV Golf Funding Crisis

The future of the breakaway golf circuit is in serious doubt after reports suggested the PIF is undergoing a 'value realization' of its sports investments.

While O'Neil insisted it is 'business as usual' and teased a new business plan, he offered no guarantees for the league's survival beyond August.

The uncertainty has left star players like Jon Rahm facing questions about their future and the potential for a reconciliation with the PGA Tour.

Saudi officials have already abandoned plans to host the 2035 Rugby World Cup, signaling a broader shift in their sports spending strategy.