Sport Business Middle East

LIV Golf funding in doubt

LIV Golf funding in doubt

The Public Investment Fund, which has $900 billion in assets, is reportedly shelving several ambitious projects due to a cash crunch linked to the war in Iran.

LIV stars like Jon Rahm and Bryson DeChambeau are facing uncertain futures as the circuit's financial model is called into question.

The league has also been hit by wild spending and lower-than-expected viewership.

This potential withdrawal of support could lead to a massive shakeup in the professional golf landscape and a possible reconciliation with the PGA Tour.

LIV Golf
Professional golf tour
Public Investment Fund
Sovereign wealth fund owned by Saudi Arabia
Scott O'Neil
International sports executive
Jon Rahm
Spanish professional golfer
Bryson DeChambeau
American professional golfer