Arabic version: مستقبل LIV Golf يواجه عدم اليقين مع انتهاء التمويل السعودي

Saudi Arabia will withdraw its multi-billion dollar backing of LIV Golf at the end of the season, plunging the future of the series into further doubt. According to BBC News, the breakaway tour announced a “strategic evolution” on Thursday, introducing an independent board led by Gene Davis and Jon Zinman to seek new financial investors.

The Saudi Public Investment Fund (PIF) has stated that the ongoing financial commitment to LIV Golf is no longer consistent with the current phase of PIF’s investment strategy. Yasir Al-Rumayyan, the governor of PIF and a co-founder of LIV, is reportedly stepping down from the tour’s board. PIF emphasized its continued commitment to deploying capital internationally in line with its investment strategy, despite pulling out of LIV Golf.

In light of the funding withdrawal, LIV Golf has postponed its June event in New Orleans and will not host tournaments in the U.S. from May 10 until August 6, when it plans to resume in New Jersey. However, events are still scheduled in South Korea, Spain, and Britain during this period.

LIV Golf executives are optimistic about securing long-term capital, with indications that the series is “totally up for sale.” Despite significant financial losses since its inception in 2021, LIV Golf claims it is on track to earn $100 million more in 2026 compared to last season. However, the tour acknowledges the need for a substantial reduction in the number of events planned.

The future of LIV Golf remains uncertain, with speculation about its potential demise and the possibility of players returning to the PGA Tour. LIV Golf’s chief executive, Scott O’Neil, assured players that the 2026 season would continue “as planned and uninterrupted,” even as discussions about the tour’s future unfold.