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LIV Golf Announces New Focus, Board
LIV Golf has no committed funding beyond 2026 as Saudi support fades and CEO Scott O'Neil works on a new business plan.
- On Friday, May 1, 2026, LIV Golf announced the Saudi Public Investment Fund will pull financial backing after the 2026 season, leaving the tour without committed capital.
- Crown Prince Mohammed Bin Salman initially funded the tour to achieve reputational repair, but LIV failed to attract significant American audiences or secure a major television deal.
- Pro-LIV official Yasir resigned following the funding collapse, while the tour brought high-quality competition to South Africa, Asia, Mexico and the Middle East.
- With no committed capital beyond 2026, Scott, the chief executive of LIV, is working on a new business plan to sustain operations.
- The PGA Tour returns to Doral in Florida this weekend, with some observers suggesting the league's collapse may ultimately benefit domestic American golf.
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Money doesn't matter in Saudi Arabia? Apparently, it does. After billions of investments in the LIV Tour, the PIF State Fund is completely phased out at the end of 2026.
·Munich, Germany
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Trump weighs in on LIV Golf, PGA Tour after Saudis pull funding of startup league
After LIV Golf formally announced Thursday that Saudi Arabia's Public Investment Fund will no longer fund the startup league, President Donald Trump is excited about what may come out of it.With LIV's monetary future in question beyond 2026, reports say golfers who defected from the PGA Tour for LIV want to reverse course.Trump believes that would be positive for the sport.CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM"I do believe that all …
·New York, United States
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Total News Sources16
Leaning Left4Leaning Right2Center4Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
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