LIV Golf faces a critical turning point as it prepares to announce the end of its funding from Saudi Arabia’s Public Investment Fund. This decision raises questions about the league’s future viability and financial stability.
Key facts:
- Saudi Arabia’s Public Investment Fund is officially withdrawing its funding for LIV Golf at the end of the season.
- LIV Golf has lost more than $1.1 billion since its establishment in 2021.
- The league’s overall investment surpassed $5 billion, with $267 million injected this year.
- LIV Golf’s net losses in markets outside the US increased to $462 million in 2024.
- After postponing its June event in New Orleans, LIV Golf will not have tournaments in the US between May 10 and August 6.
- There are seven tournaments remaining on LIV Golf’s schedule after these changes.
Yasir Al-Rumayyan may step down as LIV Golf chairman after nearly five years. Players have begun making inquiries about fallback plans, including potential moves to the DP World Tour. LIV Golf’s chief executive stated that the 2026 season would continue “as planned and uninterrupted.” However, many are skeptical.
Yet, LIV Golf struggles to gain traction with its team play and shortened tournament format. Players like Jon Rahm, Bryson DeChambeau, Phil Mickelson, and Cameron Smith have all faced challenges in adapting to this model. The situation is different now — investors may be less inclined to support a league that has consistently reported significant losses.
The league is exploring opportunities to reposition itself and is reportedly “totally up for sale.” However, the exact details of any new strategic plan to attract investors are unclear. The future of LIV Golf and its players remains uncertain after this funding withdrawal.
