Golf’s Saudi-backed league faces funding cut and leadership change

# **LIV Golf’s Shaky Future as Saudi Backing Wanes**

## **A Power Shift in the Golf World**

The golf landscape is bracing for upheaval as Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), scales back its role in **LIV Golf**. The fund’s influential leader, who also founded the league, is stepping down—a move that signals a strategic retreat from the high-stakes golf venture.

This departure comes as LIV Golf prepares to distance itself from its sole reliance on Saudi financing. Behind the scenes, discussions are already underway to bring in new investors, but the league’s survival hinges on whether it can secure alternative funding before its current financial lifeline runs dry.

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## **From Billions to Uncertainty: The League’s Financial Gamble**

Since its explosive 2022 launch, LIV Golf has spent **billions** to poach golf’s biggest names, luring them with record-breaking contracts. Now, with its primary benefactor pulling back, the league faces a critical question: **Can it keep its star players?**

Contracts worth hundreds of millions were signed under the assumption of endless Saudi funding. But as that well threatens to run dry, those promises—and the players who signed them—are suddenly at risk. Reports indicate LIV Golf will soon unveil a new leadership team and a revised business strategy, but time is not on its side.