LIV Golf seeks ‘long-term financial partners’ as Saudi Arabia’s PIF confirms exit

LIV Golf plans to continue without the financial backing of Saudi Arabia’s Public Investment Fund, touting “100% year over year” financial growth in 2026.

The Public Investment Fund (PIF) formally announced it would end financial support of LIV Golf at the end of the 2026 season.

“PIF has made the decision to fund LIV Golf only for the remainder of the 2026 season,” a PIF statement read Thursday. “The substantial investment required by LIV Golf over a longer term is no longer consistent with the current phase of PIF’s investment strategy….