LIV Golf in race against time for investment with Saudi funding to dry up

LIV Golf has begun searching for new investment after confirming that Saudi Arabia's Public Investment Fund (PIF) will cease funding at the end of the 2026 season. PIF governor Yasir al-Rumayyan, who has been the driving force behind the tour since its 2022 launch and oversaw approximately $5 billion in investment, has been removed from LIV's newly unveiled independent board. The tour says it is confident it can secure sponsors and partners to continue operating in some form beyond 2026.