Saudi Arabia to Cease Funding LIV Golf Next Season

Apr 30, 2026

58 min

Apr 30, 2026 09:32

Saudi Arabia set to end financial backing of LIV Golf next season

## Saudi Arabia's Funding Withdrawal

Saudi Arabia plans to end its financial support for LIV Golf at the conclusion of the current season. This decision raises questions about the future of the breakaway golf tour, which has been heavily funded by the Saudi Public Investment Fund (PIF) since its inception in 2021.

## Strategic Shift and Leadership Changes

LIV Golf is reportedly developing a new strategic plan to attract external investors to ensure its sustainability. There are also indications of potential leadership changes, with Yasir Al-Rumayyan, a key figure in LIV's establishment, possibly stepping down from the board.

## Financial Concerns and Future Plans

Despite assurances from CEO Scott O’Neil that the 2026 season will proceed as planned, concerns about the league's financial viability persist. The tour has faced significant losses, and its total investment has exceeded $5 billion. Recent postponements of events, such as the one in New Orleans, suggest possible schedule adjustments.

## Hope for New Investors

LIV Golf officials remain optimistic about securing new investors to maintain the tour as an international team-based competition. However, the latest developments have cast doubt on the long-term prospects of this controversial venture.

Read the full story at the source

What you need to know to get Emirates ID?

Leave your details and get a guide as a gift to avoid mistakes

Article contents