LIV Golf Faces Uncertain Future as Saudi Backers Weigh Pulling Funding

Saudi Arabia’s Public Investment Fund is reportedly preparing to pull its multi-billion-dollar investment in LIV Golf, throwing the league’s future into doubt as leadership searches for a path forward, potentially without PIF or with a slimmer budget. Executives were told they could lose their jobs, and while LIV proceeds with its Mexico City event, the organization has suffered large losses and is years from profitability. The PIF’s new five-year plan made no mention of LIV, signaling a possible strategic shift away from the league.