Is LIV Golf ending? Saudi Arabia expected to pull funding from golf league after season
Here's the latest on LIV Golf's funding issues and what it could mean for the organization's future.
Is LIV Golf ending? Saudi Arabia expected to pull funding from golf league after season originally appeared on The Sporting News . Add The Sporting News as a Preferred Source by clicking here .
The future of LIV Golf has been in doubt for the last few weeks, but the league now appears to be on its last legs. A new report on Wednesday revealed that LIV Golf is expected to lose funding from Saudi Arabia once the season ends. Additionally, LIV Golf co-founder Yasir Al-Rumayyan has reportedly stepped down from as chairman of the LIV board.
As a result, the future of the league is in greater doubt than ever before. LIV Golf has seven events scheduled for the rest of the year, not including one event in New Orleans that was already postponed. Here’s the latest on LIV Golf’s funding issues.
MORE: How LIV Golf's broadcast went dark for over two hours at Mexico City Is LIV Golf ending? According to the Wall Street Journal , LIV Golf will tell its players on Thursday that it has lost funding from the Saudi Arabia Public Investment Fund after the season. As a result, the league will be at risk of folding.
Continue to the original source for the full article.