LIV Golf future in doubt as Saudi Public Investment Fund reviews $5 billion support after heavy losses

LIV Golf is once again in the middle of big questions. This time, it is not about players or tournaments. It is about money. According to a report by the Financial Times, Saudi Arabia’s main investment arm, the Public Investment Fund, is now thinking about reducing or even stopping its support for the league. This decision could come very soon.

This matters because LIV Golf has been fully backed by Saudi money since it started. The same report says the fund has already invested around $5 billion into the project. But the league has also seen major losses, and now the focus seems to be shifting. As Financial Times reported, the fund is reviewing its spending plans and may change priorities in the coming years.

LIV Golf faces uncertain future as Saudi backers rethink funding and top players rethink loyalty

The situation has built slowly over time. LIV Golf entered the sport with a bold idea. It offered huge contracts to top players like Jon Rahm and Bryson DeChambeau to leave the PGA Tour. That move changed golf completely and created a divide in the sport.

But things have not gone exactly as planned. According to the Financial Times, LIV’s UK business alone lost nearly $500 million in 2024. On top of that, its CEO Scott O’Neil said earlier this year that the league may take “five to ten years” to become profitable.

There are also signs that not everything is stable inside the league. Some players, including Brooks Koepka and Patrick Reed, have moved back toward the PGA Tour. This shows that even top names are keeping their options open.

Another issue has been visibility. LIV Golf struggled to get strong global TV deals, which are very important for any sports league. While events in places like Australia and South Africa saw good crowds, the league still lacks the kind of media reach that drives long-term success.

The tensions between LIV Golf and the PGA Tour also made things harder. The two sides even went into legal battles before agreeing to a truce in June 2023. At that time, there were talks of a merger, but nothing final has happened yet.

Now, the bigger question is simple. Will Saudi Arabia continue to fund this project at the same level? As one person told the Financial Times, no final decision has been made yet, but the fund is actively reviewing “the extent and duration of its support.”

For now, LIV Golf is still running. But with rising losses, shifting priorities, and uncertain backing, its future is no longer as clear as it once seemed.




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