Trending Now - LIV Golf Faces Challenges as Saudi Funding Dries up
WHO:
CNN - LIV Golf, Saudi Arabia’s Public Investment Fund (PIF), Gene Davis (new chairman of the Independent Directors Committee), Phil Mickelson, Rory McIlroy, Brooks Koepka, Patrick Reed, Donald Trump.
Fox News - President Donald Trump, Yasir Al-Rumayyan (chairman of PIF).
WHAT:
Fox News - LIV Golf's funding will cease at the end of the 2026 season, with the PIF's cumulative investment set to reach $6 billion by that time.
Fox News - LIV Golf has shifted from its 54-hole format to a 72-hole format beginning this season.
Fox News - LIV Golf has seven remaining events on its 2026 schedule.
CNN - LIV Golf reported that it is tracking $100 million ahead of 2025 in revenue so far this year.
Fox News - LIV Golf's chairman Yasir Al-Rumayyan may be stepping down as part of the restructuring process, although this has not been confirmed.
Fox News - LIV Golf's cumulative investment from the PIF was set to reach $6 billion by the end of 2026, with over $1 billion injected in 2021, 2022, 2024, and 2025.
CNN - Saudi Arabia’s Public Investment Fund has decided to withdraw funding from LIV Golf at the end of the 2026 season.
CNN - LIV Golf is seeking new investment and restructuring after losing its Saudi funding.
CNN - LIV Golf announced new board appointments as it focuses on securing long-term financial partners.
Fox News - The PIF has invested over $5 billion into LIV Golf to date.
Fox News - LIV Golf's cumulative investment from PIF is set to reach $6 billion by the end of 2026.
Fox News - LIV Golf has produced two major winners: Brooks Koepka at the 2023 PGA Championship and Bryson DeChambeau at the 2024 U.S. Open.
CNN - LIV Golf reports a 100% increase in revenue year over year.
CNN - LIV Golf's ticket sales are up 129% year over year.
WHERE:
CNN - The next LIV Golf event is scheduled to take place at Trump National Golf Club in Washington, DC.
Fox News - LIV Golf will also be at Trump’s Bedminster, New Jersey course in July.
WHEN:
CNN - The next LIV Golf event is set to tee off on May 7.
Fox News - LIV Golf's funding will cease at the end of the 2026 season.
WHY:
Fox News - The PIF's decision to withdraw funding is influenced by its investment priorities and current macro dynamics, including uncertainties in the Middle East.
CNN - The PIF's decision to withdraw funding is influenced by the economic fallout from the war between the US and Iran and its effects on oil markets.
Fox News - The PIF's investment strategy is shifting due to uncertainties in the Middle East and a need for better returns on investments.
HOW:
CNN - LIV Golf announced new board appointments, including Jon Zinman, as part of its restructuring efforts to secure long-term financial partners.
CNN - LIV Golf announced new board appointments, including Gene Davis and Jon Zinman, as part of its restructuring efforts to secure long-term financial partners.
CNN - LIV Golf is transitioning from a foundational launch phase to a diversified, multi-partner investment model.
(UPDATED May 2, 2026 01:22 UTC)
LIV Golf will see its funding come to an end at the conclusion of the 2026 season, with the Public Investment Fund's total investment reaching a staggering $6 billion by that time. This season, LIV Golf has also transitioned from its traditional 54-hole format to a new 72-hole format, and there are seven events left on its 2026 schedule. In light of these changes, LIV Golf has announced new board appointments, including Jon Zinman, as part of its efforts to attract long-term financial partners amid shifting investment priorities and uncertainties in the Middle East.
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(UPDATED May 1, 2026 23:14 UTC)
LIV Golf is reporting that it is tracking $100 million ahead of its revenue projections for 2025 so far this year. As part of its restructuring efforts, the organization has announced new board appointments, including Gene Davis and Jon Zinman, while there are unconfirmed reports that chairman Yasir Al-Rumayyan may be stepping down. Additionally, LIV Golf's cumulative investment from the Public Investment Fund is expected to reach $6 billion by the end of 2026, following significant financial injections in previous years.
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(UPDATED May 1, 2026 16:59 UTC)
LIV Golf has announced that Saudi Arabia's Public Investment Fund will withdraw its funding at the end of the 2026 season, prompting the organization to seek new investments and restructure. The next LIV Golf event is scheduled to tee off on May 7 at Trump National Golf Club in Washington, DC, with additional events planned at Trump's Bedminster course in July. This shift in funding strategy comes amid economic uncertainties stemming from the war between the US and Iran, leading the PIF to reassess its investment approach.