Saudi PIF Funding

مستقر2 خبر2 مصادرآخر تحديث: 30‏/4‏/2026

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رياضة·30‏/4‏/2026ملخص الذكاء الاصطناعي

LIV Golf Seeks New Investment as Saudi PIF Funding Set to End in 2026

LIV Golf has announced plans to seek new investment after confirming Saudi Public Investment Fund backing will end after the 2026 season. The breakaway golf league, which has received approximately $5bn from PIF since 2022, unveiled a new independent board led by Gene Davis and Jon Zinman, with Yasir al-Rumayyan stepping down. The tour stated it will transition from its foundational launch phase to a diversified multi-partner investment model, expressing confidence in securing sponsors to continue operations.

Guardian Sport

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LIV Golf to Announce End of Saudi PIF Funding as Questions Swirl About Future

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رياضة·30‏/4‏/2026ملخص الذكاء الاصطناعي

LIV Golf to Announce End of Saudi PIF Funding as Questions Swirl About Future

LIV Golf will outline its future plans on Thursday with Saudi Arabia's Private Investment Fund expected to officially end its financial backing at the close of the 2026 season. The development has raised concerns in Hong Kong about a deal signed last year to host tournaments in 2026-2027 with potential extension to 2029. Sources say players were informed over the past fortnight and LIV is exploring options including attracting new financial partners.

SCMP Sport

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