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Saudi Arabia Pulls Funding From LIV Golf
By Administrator
Published on 05/01/2026 12:00
Sports

The Saudi Public Investment Fund (PIF) has reportedly notified LIV Golf players and staff that its massive financial backing for the breakaway tour will end after the current season. This decision follows a strategic shift by Saudi officials who recently outlined a future financial roadmap that did not include ongoing investments in the golf league. 

Over its four-year existence, the PIF has poured billions into LIV Golf, attracting top-tier players with unprecedented contracts and prize purses. The withdrawal of this funding raises serious questions about the tour's survival in its current format. Meanwhile, the PGA Tour has yet to signal if it will welcome back the players who left to join the rival league.

The news comes as a shock to the golfing world, which had been adjusting to the new competitive landscape. While LIV CEO Scott O'Neil had previously claimed it was "business as usual," this latest development suggests a major restructuring of professional golf is imminent.

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