LIV Golf Loses Saudi Lifeline: $5B Golf Gambit Collapses as PGA Tour Holds the Line
Key Takeaways What Happened? After several weeks widely described as being on “life support,” LIV Golf has lost the financial backing of Saudi Arabia’s Public Investment Fund, marking the effective end of the upstart league’s current model. The Wall Street Journal reported that PIF will no longer fund the Saudi‑backed golf tour after the 2026 season, leaving organizers scrambling …