LIV Golf Seeks Private Backers as Saudi Cash Step Back

TL;DR Summary
With the Saudi Public Investment Fund pulling its investment after 2026, LIV Golf is scrambling for private investors and potential team sales, but insiders say the business model is far from cash-flow break-even and profitability without Saudi backing could take 5–10 years. The league has created an independent board and is weighing options—from a four-event format to a Saudi domestic sale—while facing scarce investor interest amid high payouts and limited North American media exposure.
- Can LIV Golf work without the Saudi billions? Sports investors predict a ‘free fall’ The New York Times
- LIV establishes new independent board in attempt to survive ESPN
- Trump: LIV Golf players will be back on the PGA Tour Golfweek
- Saudi Arabia Pulls Funding From LIV Golf. Its Star Players Face a Painful Road Back. WSJ
- LIV Golf Announces Strategic Board Appointments and Expanded Strategy LIV Golf
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