LIV Golf reaches agreement with 'new lead investor' after Saudi PIF withdrew funding from breakaway league

LIV Golf has reached an agreement with a new, unnamed lead investor after Saudi Arabia's Public Investment Fund (PIF) announced in April it was withdrawing funding from the breakaway league at the end of 2026. The deal is expected to be finalised in September 2025. As part of the restructuring, players will become majority equity holders in the league, and a new season structure will be introduced that includes 'Five Team Majors'.