Sports

Saudis to End LIV Golf Funding After Pouring in $5 Billion

The 11th hole tee marker on day one of LIV Golf Andalucia at Valderrama in Cádiz, Spain.Photographer: Angel Martinez/Getty Images

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By Randall Williams

April 29, 2026 at 8:08 PM UTC

Updated on

April 30, 2026 at 1:51 AM UTC

Saudi Arabia’s Public Investment Fund plans to stop financial support for LIV Golf after this season, according to a person familiar with the situation.

The upstart golf league has an announcement scheduled for Thursday that will detail its next business steps. The news follows Bloomberg reporting earlier this month that the Saudis were considering to pull funding for LIV.