LIV Golf faces shutdown rumors

Reports suggest that Saudi Arabia's Public Investment Fund is considering pulling its support for LIV Golf following heavy financial losses and stagnant television ratings.

While the league's CEO has issued a rallying memo to staff, players remain largely in the dark about the organization's future.

The potential shutdown comes as Saudi officials reevaluate their investment priorities, including massive pledges for the 2034 World Cup.

A merger with the PGA Tour is being discussed as a possible way for the PIF to exit the venture while saving face.