LIV Golf Officially Loses Saudi Arabia Funding: Report
LIV Golf is reportedly set to lose its primary funding from Saudi Arabia's Public Investment Fund after the current season, according to a Wall Street Journal report, signaling a major shift for the league. Despite assurances from CEO Scott O'Neil that the 2026 season will proceed as planned, tournaments have been postponed and staff remain uncertain about the league's future. LIV Golf is now seeking outside investors to sustain operations, but the venture is expected to undergo significant changes if it continues at all.
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By Megan ArmstrongShareNewsweek is a Trust Project memberSee more of our trusted coverage when you search.Prefer Newsweek on Googleto see more of our trusted coverage when you search.Ryan French put the entire golf world on the scent of LIV Golf's purported collapse with his April 14 Monday Q Info report stating "a bombshell announcement" about the controversial league's future was "imminent."The following day, Sergio Garcia told reporters that he and other LIV golfers "haven't heard anything," and Sports Illustrated's Bob Harig reported that "a staff full of LIV employees is in the dark about the league's future."Later in the day, ESPN's Jeff Darlington shared a private email allegedly sent by LIV Golf CEO Scott O'Neil, assuring the league's staff that, in part, the 2026 LIV Golf season…
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