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Saudi Arabia’s PIF have ended financial support
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Global — Reuters
Saudi Arabia’s PIF have ended financial support
Chief executive working on deal but needs players’ buy-in
LIV Golf informed the majority of its workforce on Wednesday that they will be laid off in the first week of September.
The news comes three days after the 2026 season concluded in Indianapolis and four months after Saudi Arabia’s Public Investment Fund announced it was ending its financial support of the league after spending more than $5bn over the past five years.
Chief executive working on deal but needs players’ buy-in
This report is published with credit to The Guardian. The wire sent a summary; open the original for any extra context. Read on The Guardian →
Source: The Guardian · Reuters. Published 26 Aug 2026, 05:36 pm.
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