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Full Noise by SN
Important update on 1476AMLIV Golf's future in turmoil as Saudi Arabia set to pull funding
Sport Nation • April 30th, 2026 9:44 am
Bryson DeChambeau at LIV Golf in Adelaide | Photo: Matt Turner/AAP
The future of LIV Golf may have received its most devastating blow to date, with reports Saudi Arabia's Public Investment Fund plans to end its financial backing.
According to the Wall Street Journal, the league plans to inform its players and staff on Friday (NZ time), with its star-studded roster including the likes of Dustin Johnson, Bryson DeChambeau and Jon Rahm facing uncertainty.
The reports come after weeks of speculation surrounding the breakaway rebel competition's financing.
LIV CEO Scott O’Neil recently told Korea’s Maeil Business newspaper that the league had funding through 2026.
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“LIV Golf, which marks its fifth anniversary this year, is working hard to create an environment where it can grow on its own...Like other general companies, we are trying to grow by attracting investment and expanding profits.”
But the rescheduling of its Louisiana event on June 25-28 raised plenty of eyebrows, the league moving to quell any concerns by claiming the postponement was to avoid “peak summer heat” and a “crowded global sports schedule.”
Since its inception in 2021, LIV has received more than $US5 billion ($NZ8.5b) in funding from the Saudi PIF, taking losses in the hundreds of millions on an annual basis.
Earlier this year, DeChambeau, Rahm, and Australian Cameron Smith declined offers to return to the PGA Tour.
