LIV Golf Risks 2026 Shutdown as Saudi PIF Ends Funding After $6 Billion Bet
Updated
Updated · Fox News · Jun 8
LIV Golf Risks 2026 Shutdown as Saudi PIF Ends Funding After $6 Billion Bet
3 articles · Updated · Fox News · Jun 8
Summary
$266.6 million in 2026 funding may not carry LIV Golf through its final four events, with one partner executive saying every remaining tournament is "on the fence."
Saudi Arabia's Public Investment Fund told LIV in late April it would stop backing the league after the 2026 season, raising the risk that cash runs out before the schedule is completed.
LIV's finances have been strained by heavy spending — about $100 million a month in 2024 and 2025 — after PIF injected more than $1 billion in several prior years.
The next event is not until July 23-26 in the UK, leaving more than a month for disruption after LIV already canceled a planned New Orleans stop earlier this year.