Overview
- Saudi Arabia’s Public Investment Fund said Thursday it will bankroll LIV Golf only through the 2026 season, citing a shift in strategy and current economic conditions.
- Yasir Al-Rumayyan is leaving his role as board chair, removing the project’s chief patron from day-to-day leadership.
- LIV formed a committee of independent directors led by Gene Davis and Jon Zinman to court investors and evaluate options that include selling stakes in its 13 teams.
- The league postponed its June stop in Louisiana, even as CEO Scott O’Neil said the season would run as planned.
- PIF has poured about $5 billion into LIV since launch, and reports say private sponsors and media money are unlikely to replace that scale, leaving star players such as Jon Rahm and Bryson DeChambeau facing uncertain paths and tricky returns to the PGA Tour.