Saudi PIF Announces Withdrawal of Funding for LIV Golf
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has officially confirmed that it will cease all financial support for LIV Golf once the 2026 season concludes. In a Thursday‑issued statement the fund explained that the "substantial investment required is no longer consistent" with its evolving investment strategy and the broader macro‑economic environment.
The announcemen…
April 30, 2026, 12:30 p.m.