Saudi Fund Considers Pulling LIV Golf Investment

Saudi Arabia’s Public Investment Fund (PIF) is reportedly preparing to withdraw its multi-billion dollar backing of LIV Golf , according to golf industry sources cited on April 15, 2026. The reported move has put the outlook for the four-year-old league into question and has prompted senior executives to look at alternative financing and operational plans.

Industry sources said LIV Golf leadership was informed of expected job cuts after the Masters Tournament. Despite the uncertainty, the league is continuing with its schedule and is set to stage an event in Mexico City this week, according to the same sources.

The potential change in funding comes after heavy losses tied to LIV Golf’s operations. Sources pointed to a loss of $590.1 million at the league’s UK-based entity in 2024, and they described a profitability horizon of 5-10 years. Those figures and timelines have been cited as part of the financial backdrop as executives assess how the league could continue if the PIF reduces or ends its support.

Separately, the PIF recently announced its 2026-2030 strategy, which was approved by Crown Prince Mohammed bin Salman. That plan emphasized building domestic ecosystems and prioritizing long-term returns within Saudi Arabia, and it did not reference LIV Golf, according to the announcement described by sources. The absence of the league from the strategy statement has been interpreted by industry sources as a sign that investment priorities may be shifting.

Executives at LIV Golf are reportedly examining ways to keep the league operating, including running with a smaller budget or bringing in new investors. Sources described the situation as a pivotal moment for the league’s financial sustainability, with decisions on funding and cost structure expected to shape how it operates going forward.