Overview
- Multiple outlets reported Wednesday that Saudi Arabia’s Public Investment Fund will stop bankrolling LIV Golf after the 2026 season, with the league set to brief players and staff.
- Louisiana officials confirmed Tuesday that LIV postponed its June New Orleans tournament and will explore a fall date, with the state expecting a return of incentive funds except $2 million already spent on City Park upgrades.
- The postponement leaves a major gap in LIV’s U.S. slate, with no American events from early May in Virginia until early August in New Jersey and a six‑week hole between June and late July.
- LIV called the calendar change a strategic move to avoid peak heat and a crowded sports window that includes the World Cup, while CEO Scott O’Neil had earlier told staff the season would proceed “at full throttle.”
- PIF has poured more than $5 billion into LIV as losses mounted, and reporting links the funding shift to a new Saudi plan that favors domestic projects, putting pressure on LIV to find outside capital to operate beyond this season.