sports

Saudi Arabia to End LIV Golf Funding

Published April 30, 2026 · Updated April 30, 2026 · Yahoo Sport

Saudi Arabia will withdraw its multi-billion dollar backing of LIV Golf at the end of the season, according to sources familiar with the matter.

The breakaway golf tour is set to announce a "new strategic plan" to find new financial investors, with sources indicating it will also confirm new board members amid leadership changes. chincha.pl

With losses exceeding $1.1 billion since 2021 and the Saudi Public Investment Fund (PIF) potentially confirming that its governor Yasir Al-Rumayyan is stepping down, LIV Golf faces an uncertain future despite plans to earn $100 million more in 2026 than last season.

Saudi Arabia to End LIV Golf Funding

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