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Saudi wealth fund to cut LIV golf funding after 2026 season

Dawn 01 May 2026 2h ago
Saudi wealth fund to cut LIV golf funding after 2026 season
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Relevance
14/25
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RIYADH: Saudi Arabia’s Public Investment Fund (PIF) is cutting funding for the breakaway LIV Golf league after the 2026 season, a spokesperson from the fund told AFP on Thursday. The announcement came hours after LIV Golf, founded in 2021 as a rival to the PGA Tour, said it was seeking to secure “long-term financial partners”. It has reportedly cost PIF over $5 billion so far to operate the series
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