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After LIV Golf withdrawal, Saudi PIF confirms future fate of UFC, WWE and global boxing investments
Welt
07.05.2026

After LIV Golf withdrawal, Saudi PIF confirms future fate of UFC, WWE and global boxing investments

Saudi Arabia’s decision to end funding for LIV Golf after 2026 has sparked wider scrutiny of its global sports spending. However, TKO Group executives insist Saudi backing for UFC, WWE and boxing remains secure, with planned events in the Middle East continuing. The move reflects a possible strategic shift within the Public Investment Fund amid rising costs and changing priorities.

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TOI World
LIV Golf Faces Uncertain Future as Saudi PIF Exits, Players' Prospects in Flux
In Entwicklung
Sport·30.04.2026KI-Zusammenfassung

LIV Golf Faces Uncertain Future as Saudi PIF Exits, Players' Prospects in Flux

Saudi Arabia's Public Investment Fund is exiting LIV Golf after a £3.8bn investment over five years, leaving the breakaway tour's future in doubt. New directors Gene Davis and Jon Zinman must raise replacement funds to sustain the league beyond 2026. Star players including Jon Rahm ($300m deal, $92.5m earned), Bryson DeChambeau and Cameron Smith face uncertain futures as the PGA Tour gains strength with $20m signature events.

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BBC Sport
LIV Golf Seeks New Investment as Saudi PIF Funding Set to End in 2026
In Entwicklung
Sport·30.04.2026KI-Zusammenfassung

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.

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Guardian Sport
LIV Golf to Announce End of Saudi PIF Funding as Questions Swirl About Future
In Entwicklung
Sport·30.04.2026KI-Zusammenfassung

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.

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SCMP Sport