Guardian Sport4/29/2026SportsUnited Kingdom
LIV Golf to Confirm Saudi Funding Ends in 2026 as PIF Pulls Out
Major winners including Jon Rahm, Bryson DeChambeau and Cameron Smith face uncertainty as $5bn investment winds down
Quick Look
- LIV Golf executives will confirm to players that Saudi Arabia's Public Investment Fund will cease funding the breakaway golf tour at the end of 2026, potentially leading to closure just four years after its first tournament.
- The PIF, which has invested over $5bn (£3.7bn) into LIV, cited the Middle East conflict as part of its reasoning for the strategic shift.
- Major winners Jon Rahm, Bryson DeChambeau and Cameron Smith are among those contracted to LIV and will now seek to return to the PGA Tour.
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LIV Golf executives will confirm to players that Saudi Arabia's Public Investment Fund will cease funding the breakaway golf tour at the end of 2026, potentially leading to closure just four years after its first tournament. The PIF, which has invested over $5bn (£3.7bn) into LIV, cited the Middle East conflict as part of its reasoning for the strategic shift. Major winners Jon Rahm, Bryson DeChambeau and Cameron Smith are among those contracted to LIV and will now seek to return to the PGA Tour.
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This article was originally published by Guardian Sport.
