LIV Golf: Saudi Arabia to withdraw funding at end of season

Saudi Arabia will withdraw its multi-billion dollar funding from LIV Golf at the end of the current season, throwing the future of the breakaway tour into serious doubt. LIV Golf announced a 'strategic evolution' on Thursday, including the formation of a newly independent board led by Gene Davis and Jon Zinman. The news was published on 30 April 2026, and affects a tour that has attracted high-profile players such as Masters and US Open winner Jon Rahm, who joined in 2023.