Saudi Arabia To End Funding For Live Golf Tour
Saudi Arabia's Public Investment Fund plans to stop financial support for LiveGolf. The announcement was reported by the BBC World Service. The Liv Tour was established as a breakaway from the PGA Tour and has offered billions of dollars to attract top players. The source did not specify the reason for the funding cessation. Saudi Arabia's Public Investment Fund will stop financing live golf at the end of the 2026 season. The fund has invested billions into the league since 2022. This decision creates uncertainty regarding the future of the breakaway league. US media reports suggest the move could impact the league's trajectory. The decision follows controversy surrounding the tour, which critics have described as sportswashing. The decision follows accumulated losses of approximately $1.4 billion within the circuit. The fund reportedly generated only $100 million in revenue in 2025.
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Sources · 7 independent
“LiveGolf's future is in jeopardy. That's after Saudi Arabia's public investment fund plans to stop financial support for LiveGolf after this.”
“public investment fund plans to stop financial support for LiveGolf after this.”
“Saudi Arabia's public investment fund, which has put £3.8 billion into the project, is set to end its financial backing at the end of this season.”
“Saudi Arabia is to stop funding the Liv Golf Tour at the end of the season. was formed to break away from the law.”
“Saudi Arabia is to stop funding the Liv golf tour at the end of the season. It was formed with breakaway from the long-standing PGA tour”
“Saudi Arabia is to stop funding the Liv golf tour at the end of the season.”
“Saudi Arabia is to stop funding the Liv Gulf tour at the end of the season.”
“Saudi Arabia is to stop funding the Liv Golf Tour at the end of the season. Liv was formed as a breakaway from the long-standing PGA Tour, with billions of dollars offered to to your top players.”
“Saudi Arabia is to stop funding the Liv Gulf Tour at the end of the season. Liv was formed as a breakaway from the long-standing PGA Tour, with billions of dollars offered to lure top players.”
“Saudi Arabia's sovereign wealth fund will stop financing live golf at the end of the 2026 season, costing serious doubt over the break way towards future.”
“Saudi Arabia pulls the plug on its multi-billion-pound funding of the breakaway live golf tour.”
“El fondo de inversión pública de Arabia Saudita, conocido como el PIF, pondrá fin al financiamiento que tiene con la live-golf liga al término de la temporada 2026”
“investment fund of Saudi Arabia released a statement stating that the subs... substantial investment required by the event over a longer term is no longer consistent.”
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