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LIV Golf funding to end
Saudi Arabia's Public Investment Fund reportedly plans to stop financial support for LIV Golf after the 2026 season.
The decision places the future of the breakaway circuit in jeopardy and could lead to a mass return of star players to the PGA Tour.
LIV Golf has responded by appointing a new independent board and seeking fresh commercial investment to sustain operations.
The withdrawal of the multi-billion dollar backing follows a strategic review by the PIF of its international sports commitments.
LIV Golf
Professional golf tour
Professional golf tour
Public Investment Fund
Sovereign wealth fund owned by Saudi Arabia
Sovereign wealth fund owned by Saudi Arabia
Saudi Arabia
Country in West Asia
Country in West Asia
Yasir Al-Rumayyan
Saudi businessman and NUFC coโchairman (2021โ)
Saudi businessman and NUFC coโchairman (2021โ)