LIV Golf all but dead as Saudis pull funding after spending $6B on rebel tour
LIV Golf is effectively ending after Saudi Arabia's Public Investment Fund withdrew funding, marking the conclusion of a $6 billion effort to disrupt professional golf. Despite attempts by CEO Scott O'Neil to reassure players and staff, the league has struggled financially and failed to merge with the PGA Tour. With seven tournaments remaining, players are now exploring alternative tours as the future of the league collapses.
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Golf LIV Golf all but dead as Saudis pull funding after spending $6B on rebel tour By Michael Blinn Published April 29, 2026, 4:40 p.m. ET It’s onto Plan B for LIV Golf. The rebel golf league plans to tell players and staff on Thursday that Saudi Arabia’s Public Investment Fund is officially pulling the plug on its funding at the end of the season, according to The Wall Street Journal, ending weeks of speculation and rumors. The Saudis have reportedly spent nearly $6 billion on LIV Golf, allowing it to pull in some of the sport’s biggest names at astronomical nine-figure salaries amid accusations of the country “sportswashing” its image.
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