LIV Golf on verge of collapse as Saudis pull funding
LIV Golf faces imminent collapse after the Saudi Arabian Public Investment Fund announced it will cease funding at the end of the 2026 season. The withdrawal of financial support threatens the league's ability to continue operations and fulfill player contracts. The decision marks a significant shift in Saudi Arabia's involvement in professional golf.
- ▪The Saudi Arabian Public Investment Fund has announced it will stop funding LIV Golf after the 2026 season.
- ▪LIV Golf is now at risk of collapsing due to the loss of its primary financial backer.
- ▪The funding withdrawal was officially confirmed on May 1, 2026.
- ▪LIV Golf has relied heavily on Saudi funding since its launch to attract top players with lucrative contracts.
- ▪The league's future remains uncertain as organizers seek alternative financial solutions.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.