All articles tagged with #pif funding
A Financial Times report suggests Sergio Garcia's outburst at the 2026 Masters embarrassed PIF governor Yasir al-Rumayyan and may have accelerated the decision to withdraw funding from LIV Golf, though internal discussions about ending support had already begun. LIV is closing out its 2026 season in Indianapolis as the future of the tour remains unclear after the PIF pullback earlier in the year.
Bryson DeChambeau led a players-only LIV Golf meeting amid funding uncertainty after the Saudi PIF pulled support, with the Team Championship possibly being canceled and the league's future in question. Players are awaiting a clearer reboot plan in the next few weeks, and while some could consider returning to the PGA Tour, those defections would face financial restrictions under LIV’s Returning Member Program.
LIV Golf CEO Scott O’Neil told staff the 2026 season will continue exactly as planned, uninterrupted and at full throttle, pushing back on reports that Saudi Arabia’s Public Investment Fund might pull funding; the email framed LIV as a disruptive startup movement and urged teams to lean into the momentum, though it did not confirm funding beyond 2026.