LIV Golf Denies PIF Funding Cut Rumors After 2026
LIV Golf executives assured staff and players on Wednesday that the league's operations would proceed uninterrupted amid swirling reports that its primary backer, Saudi Arabia's Public Investment Fund, may scale back or end financial support after the 2026 season.
The denial came in a memo from LIV Golf CEO Scott O'Neil, circulated as the league hosted its sixth event of the year at Club de Golf Chapultepec outside Mexico City. "Our season continues exactly as planned, uninterrupted and at full throttle," O'Neil wrote. He emphasized the organization's resilience, stating, "While the media landscape is often filled with speculation, our reality is defined by the work we do on the grass. We are heading into the heart of our 2026 schedule with the full energy of an organization that is bigger, louder, and more influential than ever before."
The rumors originated from multiple outlets citing sources close to the Public Investment Fund, or PIF, which has invested more than $5 billion in LIV since its 2022 launch. Reports indicated the fund is shifting toward sustainable domestic projects, including preparations for the 2034 men's soccer World Cup and other infrastructure initiatives,...