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It appears Saudi Arabia has reached its spending limit connected LIV Golf.
The Saudi Arabia Public Investment Fund (PIF), nan sole funder of nan breakaway play circuit, announced a caller five-year finance strategy connected Wednesday pinch a attraction connected reprioritizing spending, and spending hundreds of millions much dollars connected LIV Golf doesn't look to beryllium portion of nan plan.
The Financial Times has reported that nan PIF is "on nan verge of cutting its support" for LIV Golf. An announcement regarding Saudi engagement – aliases deficiency thereof – pinch LIV could travel arsenic soon arsenic Thursday, according to nan report.
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Bryson DeChambeau of Crushers GC plays during time 4 of LIV Golf South Africa astatine The Club astatine Steyn City successful Johannesburg, South Africa, connected March 22, 2026. (Johan Rynners/Getty Images)
Author and longtime play newsman Alan Shipnuck besides relayed a connection connected X from a player's supplier that Mohammed bin Salman, nan ruler of nan Kingdom of Saudi Arabia, could look to usage nan ongoing warfare successful Iran arsenic a "force majeure" to trim disconnected LIV's funding.
LIV Golf's contiguous early would beryllium wholly up successful nan aerial if nan Saudi PIF were to trim disconnected funding. How aliases if nan convention will proceed to operate, and successful what capacity, is nan awesome unknown, arsenic is what nan early of its galore players whitethorn look like.
The perchance sport-shifting news comes aft galore months of speculation that operationally – some front-facing and down nan scenes – things had reached a tipping constituent successful position of spending, big-name players leaving nan circuit, and wide liking successful LIV Golf hitting a standstill.
In precocious February, it was reported that LIV Golf's net spending per month averaged $100 cardinal successful 2024 and 2025. For nan 2026 season, LIV's fifth, Saudi PIF Governor Yasir Al Rumayyan reportedly approved a caller $266.6 cardinal superior injection into nan circuit, bringing nan Saudi PIF's cumulative finance successful LIV Golf to $5.3 cardinal since 2021.
SERGIO GARCIA APOLOGIZES FOR HIS MASTERS MELTDOWN, SAYS HE REGRETS HIS ACTIONS
A wide position of nan LIV GOLF logo during information 1 of nan LIV Golf Invitational Series connected July 29, 2022 astatine Trump National Golf Club successful Bedminster, New Jersey. (Rich Graessle/Icon Sportswire via Getty Images)
The Saudi PIF reportedly injected northbound of $1 cardinal into LIV Golf successful 2021, 2022, 2024, and 2025. The $266 cardinal injection to statesman 2026, an summation successful prize costs for nan season, and nan nett walk of $100 cardinal per month, nan Saudi PIF's cumulative finance was group to rustle past $6 cardinal by nan extremity of 2026.
While insignificant specifications compared to billions successful spending, LIV shifted from its original tourney format of playing 54-hole events to 72-hole events opening successful 2026, resulting successful nan convention being recognized by nan Official World Golf Ranking (OWGR) strategy for nan first clip since its inception. Players receiving OWGR points made their paths into golf's awesome championships much accessible.
Five-time awesome champion Brooks Koepka, on pinch erstwhile Masters champion Patrick Reed, delivered a important rustle to LIV pinch astonishing exits from nan circuit successful January 2026. Kopepka has already returned to nan Tour via its Returning Members Program, while Reed is group to gain his Tour paper backmost up of nan 2027 PGA Tour season.
Bryson DeChambeau, Phil Mickelson, Jon Rahm, Joaquin Niemann, and Tyrrell Hatton were nan header players for nan circuit this season.
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Brooks Koepka connected nan 11th spread astatine The Old White astatine nan Greenbrier connected Aug. 18, 2024. (Bob Donnan/USA TODAY Sports)
LIV is group to big a tourney successful Mexico City opening connected Thursday. As rumors of a bombshell announcement regarding nan circuit's early began to summation traction, a Wednesday study from The Telegraph explained that LIV Golf executives had been called to a gathering successful New York, and nary of nan execs were connected tract successful Mexico connected Tuesday.
LIV Golf held its inaugural arena successful England successful June 2022. After nan PGA Tour spent nan amended portion of a twelvemonth distancing itself from nan circuit successful each conceivable way, nan Tour announced a merger pinch LIV Golf 3 days up of nan circuit's one-year anniversary. The 2023 announcement signaled nan commencement of a business that mixed nan Tour's ain business pinch nan Saudi Public Investment Fund's commercialized businesses and authorities (including LIV Golf) arsenic good arsenic nan DP World Tour into a new, collectively owned, for-profit entity.
Aside from nan announcement of nan merger, location had been fewer updates connected what nan adjacent steps would look for illustration for nan partnership. The Tour's charismatic connection announcing nan merger publication that LIV Golf would technically beryllium dissolved, pinch nan PIF picking up a very ample spot astatine nan array that operates nan PGA Tour and master golf.
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