LIV Golf Loses Saudi Arabia Funding—Effectively Ending PGA Rival, Report Says

LIV Golf has reportedly lost its financial backing from Saudi Arabia, a development that would effectively spell the end of the breakaway tour that launched as a rival to the PGA Tour. The Saudi Public Investment Fund had been the primary financial engine behind LIV Golf since its controversial debut, pouring billions into the league to attract top players with lucrative contracts. Without that funding, the tour's future appears untenable, marking a dramatic collapse for what was once seen as a major disruption to professional golf.