Golf: LIV Golf Riyadh - Second Round
Credit: Reuters via Imagn Images

Saudi Funding Cut Triggers Crisis as LIV Golf Faces Uncertain Future

Saudi Arabia’s Public Investment Fund (PIF) is officially cutting off funding for LIV Golf after the 2026 season. The move is plunging the four-year-old breakaway league into uncertainty and raising the very real prospect of its total collapse.

According to multiple reports, including the Wall Street Journal, LIV executives are set to inform players and staff as early as today (April 30) that the massive Saudi backing — which has poured more than $5 billion into the venture — will end once this season concludes.

“The move sounds the death knell for the upstart that sowed chaos in professional golf by plowing billions into the sport and poaching A-list players,” the Journal writes.

That much seems evident. No more blank checks from the Saudis is essentially a fatal blow. LIV’s sky-high purses, massive guaranteed contracts for stars like Bryson DeChambeau, Jon Rahm, and others, and team-based format all relied almost entirely on PIF cash.

As it stands, LIV Golf is in a fight for its survival. The league is reportedly exploring strategic alternatives, new investors, and potential partnerships — but without fresh funding, a full-scale operation in 2027 looks unsustainable.

Players who hitched their cart to the LIV horse have big-time problems. Top talent who left the PGA Tour for big-money deals could soon face tough decisions about whether to return to traditional tours or see their paydays evaporate.

The ripple effects could reshape the entire professional golf landscape, forcing a potential reunification that many thought was impossible just a year ago. Insiders say several top LIV players have already begun quiet outreach to PGA Tour contacts, testing the waters for a return amid the growing panic.

Meanwhile, smaller markets and international events that LIV helped prop up may vanish overnight, leaving a void in the sport’s global footprint.

Among those watching closely is DeChambeau, whose high-profile commitment to LIV has defined much of the league’s identity. With his contract expiring at the end of 2026, the funding cutoff could force the 2020 U.S. Open champion to finally weigh a return — though any homecoming is expected to come with significant hurdles and a potentially frosty reception from fellow players.

LIV Golf launched in 2022 with promises to revolutionize the sport. Four years later, it’s staring down a funding cliff that could mark the end of one of golf’s most divisive experiments.

Sportsnaut Reporter Breven Honda predicted at the start of the year that the PGA would “end” LIV Golf. The experiment appears to be over. After four years of chaos, billions spent, and a sport forever altered, the Saudi-fueled golf revolution is sputtering to a quiet end.

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Rusty Weiss is a lifelong Los Angeles Dodgers, Dallas Cowboys, and Xavier Musketeers fan. He has been writing professionally ... More about Rusty Weiss