Saudi Arabia’s PIF to End LIV Golf Funding

Saudi Arabia’s Public Investment Fund has announced its decision to withdraw financial support from LIV Golf following the 2026 season. The move marks a significant shift for the fund, which has been the primary financial backer of the golf league since its establishment.

The PIF has invested over $5 billion into LIV Golf since the league’s launch. Despite the substantial investment aimed at creating a competitive alternative to the PGA Tour, the fund has determined that its support will conclude after the 2026 season concludes.

This decision represents a major development in professional golf’s ongoing landscape changes. The withdrawal of Saudi funding raises questions about the league’s long-term viability and future operations beyond the stated timeline.

Source: CBS Sports | May 02, 2026

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