LIV Golf Faces Funding Gap as Saudi PIF Plans Post-2026 Exit

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Source: CNBC
LIV Golf Faces Funding Gap as Saudi PIF Plans Post-2026 Exit
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TL;DR Summary

Saudi Arabia's Public Investment Fund will stop funding LIV Golf after the 2026 season, with an independent directors committee set to evaluate strategic options and pursue new long-term investors as the league searches for a path forward following a stalled PGA Tour merger. LIV has postponed a New Orleans event amid fundraising efforts, posts losses in non-U.S. operations, and continues to seek partnerships and leadership changes while stars’ contracts (e.g., DeChambeau through 2026, Rahm through 2027) loom over its future.

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