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4w ago

LIV Golf’s Future Clouded as Saudi PIF Weighs Cutting Support

A funding rethink by Saudi Arabia’s wealth fund would test a league built on heavy spending with thin viewership.

Bryson DeChambeau of the Crushers GC and Jon Rahm of Legion XIII and Cameron Smith of Ripper GC walk down the 1st during day one of LIV Adelaide at The Grange Golf Club on February 12, 2026 in Adelaide, Australia.
Raymond Carlin III-Imagn Images
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Overview

  • Multiple outlets reported Wednesday that Saudi Arabia’s Public Investment Fund is considering ending or reducing LIV Golf financing, with a decision possibly announced Thursday.
  • League executives were summoned to an emergency meeting in New York, and several leaders were told their roles could be eliminated, according to The Athletic and The Telegraph.
  • CEO Scott O’Neil told staff the season will continue “exactly as planned,” and the Mexico City tournament is going ahead with pairings and tee times released.
  • Players said they have received no formal change notice, with Sergio Garcia recalling Yasir Al‑Rumayyan’s earlier assurance of long‑term backing.
  • PIF has invested more than $5 billion as LIV racked up large losses and weak TV numbers, and reporting ties the reassessment to war‑driven oil disruptions and a shift toward domestic projects.