LIV Golf to officially announce that Saudi funding ends after 2026 season

LIV Golf will officially announce to staff and players that Saudi Arabia’s Public Investment Fund, the primary financial backer of the renegade golf tour, has officially pulled its funding at the conclusion of the 2026 season.

The official announcement, which the Wall Street Journal is reporting will take place on Thursday, should formally clear the way for O’Neill to look for other funding.

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The Saudi-backed men’s golf league, which intended to compete with the PGA Tour, has reportedly lost more than $5 billion since its debut in 2022 and failed to achieve a significant television audience, especially in the U.S., where it

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