LIV Golf is Set to Notify Players that its Funding is Almost Over

LIV Golf is Set to Notify Players that its Funding is Almost Over

It's been in the tea leaves, but LIV Golf is now on the doorstep of alerting its membership that Saudi Arabia's Public Investment Fund will pull its backing following the 2026 season, according to a Wall Street Journal report.

On Wednesday, the Wall Street Journal reported that LIV Golf will alert its membership by Thursday that Saudi Arabia’s Public Investment Fund will be pulling its funding following the 2026 season. This had been floating around for the past few weeks ever since the Financial Times reported that the PIF was on the verge of cutting its backing on April 15. Now, it’s reportedly official.

LIV CEO Scott O’Neil recently told Korea’s Maeil Business Newspaper that the league had funding through 2026, and that “LIV Golf, which marks its fifth anniversary this year, is working hard to create an environment where it can grow on its own...Like other general companies, we are trying to grow by attracting investment and expanding profits.”

On Tuesday, Louisiana Economic Development released a statement confirming that LIV was postponing its event in the state slated for June 25-28. Instead, LIV wants to move it to the fall. To avoid fans potentially connecting dots, LIV said in a statement that it wants to avoid “peak summer heat” and a “crowded global sports schedule.”

LIV’s future is murky—at best—and the next few months are bound to be extremely...interesting.