LIV Golf's Future in Doubt as Saudi Funding Cuts Loom Over League Survival

LIV Golf, the Saudi-backed challenger to the PGA Tour, faces an uncertain future as reports swirl about the Saudi Arabia Public Investment Fund potentially cutting its funding. Sports Illustrated senior writer Bob Harig, with over 25 years covering golf, notes that widespread rumors emerged late Tuesday and Wednesday suggesting the league could shut down soon, though LIV Golf CEO Scott O’Neil assured staff the season will continue at full throttle. The sixth of 14 events in 2026 kicks off Thursday in Mexico City, and Harig predicts all will likely complete to preserve credibility amid signed contracts with venues and vendors.

LIV has relied almost entirely on Public Investment Fund support, with massive overhead costs unmet by sponsors, ticket sales, or media deals. While teams like the 4Aces led by Dustin Johnson, Crushers with Bryson DeChambeau, and Ripper captained by Cameron Smith have thrived in team competitions and drawn some sponsorship, no franchises have sold, leaving the league to subsidize them. Survival without the fund seems improbable long-term.

If LIV folds, players face hurdles returning to the PGA Tour. Brooks Koepka accepted a Returning Member Program with financial penalties, no signature event access unless qualified, and forfeited FedEx Cup bonuses for five years. DeChambeau, Jon Rahm, and Cameron Smith would likely face similar terms, as would talents like Tyrrell Hatton, who tied for third at the Masters. Younger players such as Thomas Detry and Tom McKibbin might need qualifying paths, while NCAA champion Michael La Sasso could wait a year post-LIV under current rules.

For veterans nearing 50, like Pat Perez and Henrik Stenson, the PGA Tour Champions requires a one-year gap from last LIV play. Rahm’s Ryder Cup hopes hinge on resolving DP World Tour fines and event requirements. Despite challenges, LIV reached underserved markets like Australia and South Africa, showcasing stars such as Phil Mickelson, though it sometimes overlapped PGA events.

The Public Investment Fund may redirect investments into golf broadly, perhaps eyeing PGA Tour influence. Harig questions if LIV proved additive as Greg Norman promised five years ago.

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