Saudi To End LIV Golf Funding This Year

In a significant development for the world of golf, Saudi Arabia’s Public Investment Fund has announced plans to cease its financial support for LIV Golf following the conclusion of the 2026 season.

This decision has raised serious concerns about the future viability of the breakaway tour, which has sought to challenge the dominance of the PGA Tour since its inception in 2022.

Reports in US media indicate that LIV Golf will inform its staff and players of this funding withdrawal imminently. The league, which has invested billions to attract top-tier talent, including renowned players such as Bryson DeChambeau and Phil Mickelson, is now faced with the challenge of exploring alternative strategies to sustain its operations.

Both the Wall Street Journal and CNBC have cited multiple anonymous sources regarding this development, although LIV Golf has not provided any official comment. Earlier this month, speculation arose about the potential collapse of the tour due to financial uncertainties, with reports suggesting that the Saudi backers have become disenchanted with the project’s exorbitant costs, which have reportedly exceeded $5 billion. Despite these challenges, LIV Golf’s CEO Scott O’Neil has vowed to continue the season “full throttle,” acknowledging the need for future fundraising efforts.