Saudi Arabia to stop funding LIV Golf next season
Saudi Arabia's Public Investment Fund will cease funding LIV Golf after the current season, citing a shift in investment strategy, prompting the tour to seek new investors and restructure its leadership. LIV Golf has announced a strategic evolution with an independent board led by Gene Davis and Jon Zinman to secure long-term financial sustainability. Despite the funding withdrawal, the tour plans to continue internationally in 2026, though with a likely significant reduction in events.
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Saudi Arabia to stop funding LIV Golf next seasonImage source, Getty ImagesImage caption, Masters and US Open winner Jon Rahm joined the LIV tour in 2023ByDan RoanSports editorPublished30 April 2026, 06:36 BSTUpdated 4 minutes agoSaudi Arabia will withdraw its multi-billion dollar backing of LIV Golf at the end of the season, plunging the future of the series into further doubt.On Thursday, the breakaway tour announced a "strategic evolution" - including a newly established independent board led by Gene Davis and Jon Zinman, who it says have "proven track records of navigating complex situations" - as it bids to find replacement financial investors.It comes amid reports that the Saudi Public Investment Fund (PIF) could confirm that its governor Yasir Al-Rumayyan is stepping down from…
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