Saudi Public Investment Fund withdraws $6 billion backing from LIV Golf at season's end
Updated
Updated · New York Post · Apr 29
Saudi Public Investment Fund withdraws $6 billion backing from LIV Golf at season's end
13 articles · Updated · New York Post · Apr 29
LIV Golf will inform players and staff that Saudi Arabia’s PIF is ending its nearly $6 billion investment after the current season, following reported losses of $1.1 billion from 2022 to 2024.
The league faces major uncertainty as it seeks alternative funding, with star players like Bryson DeChambeau and Jon Rahm now considering their futures amid a failed PGA Tour merger.
LIV Golf’s struggles include postponed events, denied world ranking points, and limited fan engagement, while returning to the PGA Tour remains complicated for defected players due to strict reintegration rules.
What does LIV Golf's collapse signal for the future of state-funded sports investments globally?
With Saudi funding gone, is this the final chapter for LIV Golf or a chance for a radical reinvention?
Can the PGA Tour's new for-profit model succeed where LIV's state-funded disruption failed?
How will the PGA Tour balance fairness for loyalists with the return of LIV's multi-millionaire stars?
For stars like Jon Rahm, was the massive LIV payday worth their now uncertain professional future?
Will golf's civil war end with a unified global tour or just a victorious PGA Tour?