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LIV Golf Loses Saudi Funding After $5 Billion Investment, Seeks New Investors
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Deportes·30/4/2026Resumen IA

LIV Golf Loses Saudi Funding After $5 Billion Investment, Seeks New Investors

LIV Golf confirmed Thursday that its Saudi Arabian backer, the Public Investment Fund, will stop funding after the 2026 season, ending a $5 billion investment since 2022. The league announced a new board chaired by Eugene Davis of Pirinate Consulting Group to attract new investors and replace PIF governor Yasir Al-Rumayyan. LIV Golf stated it is moving to a diversified, multi-partner investment model while maintaining its commitment to world-class golf.

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