Saudi PIF Cuts Off $5B LIV Golf Funding After 2026 Season, Tournament Initiates Bankruptcy Contingency

GateNews
According to Bloomberg, in April 2026, Saudi Arabia's Public Investment Fund (PIF) announced it would end funding for LIV Golf after the 2026 season concludes. The move comes after PIF invested over $5 billion in the breakaway golf tour since its 2022 launch, citing a strategic shift away from the investment. LIV Golf has begun preparing potential U.S. bankruptcy protection filings as a contingency if new funding sources are not secured.
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