LIV Golf ready to deliver news of Saudi funding setback

Credit: Raymond Carlin III-Imagn Images The clock is ticking on LIV Golf as the final days for the league may very well be approaching. There have been recent widespread reports that the Saudi Arabian government, which had funded the renegade golf league to the tune of billions of dollars to launch a worldwide tour and lure top stars from the PGA Tour, would be changing its priorities and allocating their dollars elsewhere. In response, LIV Golf was initially defiant as its announcers blasted the media members that reported and commented on the story.

But cracks immediately began to emerge in the Saudi-funded armor. A power outage immediately hit the live broadcast of their event in Mexico City leading to an extended blackout. The tour then deleted and republished an interview by TNT Sports UK with CEO Scott O’Neil that removed an admission about the funding crisis .

This week, the tour’s stop in New Orleans was abruptly canceled . Now the Wall Street Journal has issued a report that seems to confirm what we all have expected as LIV Golf will reportedly tell players and staff on Thursday that their major funding source will end at the conclusion of the 2026 season. After spending recent weeks on life support, LIV Golf has lost the funding of its Saudi backers.

LIV plans to tell players and staff by Thursday that Saudi Arabia’s Public Investment Fund will no longer bankroll the circuit after this season, according to people familiar with the matter. The move sounds the death knell for the upstart that sowed chaos in professional golf by plowing billions into the sport and poaching A-list players. The writing had been on the wall for nearly a month.