sports

LIV Golf Faces Funding Crisis as Saudi PIF Ends Support

Published April 30, 2026 · Updated April 30, 2026 · The Guardian

LIV Golf faces an uncertain future as the Saudi Public Investment Fund (PIF) confirmed it will end its five-year, $5bn investment following the 2026 season. To secure its survival, the league announced the formation of a new independent board.

LIV Golf has launched an urgent search for fresh capital after PIF officially stated it would withdraw support after nearly five years and $5bn in funding. The league announced the creation of a new independent board to handle the transition, removing Governor Yasir al-Rumayyan from the decision-making process. chickenroad.qpon

Related News

Lucas Herbert Wins LIV Golf Virginia, Secures U.S. Open Spot

Lucas Herbert banks $5.5m and secures US Open spot after winning first LIV Golf title

Maaden LIV Golf Virginia: Lucas Herbert Avoids Collapse, Picks Up Victory

Nick Suzuki on his mother’s support, and becoming a parent

Fermín López Predicts Lamine Yamal Ready for World Cup

Cava’s Double‑OT Goal Sends Charge to Walter Cup Finals

More on our network