Saudi Arabia Ends LIV Golf Funding After 2026

Saudi Arabia's Public Investment Fund (PIF) has confirmed it will cease funding for the LIV golf tour after the 2026 season. The decision was announced by a spokesperson to AFP on Thursday, following reports from Wall Street Journal the previous day. zeppelin.cool

PIF stated that the "significant investment required by LIV Golf over the long term is no longer in line with the current phase of our investment strategy." Since its inception in 2022, LIV has attracted many players away from traditional PGA and European tours with lucrative contracts, leading to ongoing conflicts between the organizations. Previous merger talks between PGA and LIV failed to reach an agreement.