Original Source
Saudi Sovereign Wealth Fund May Halt Funding for LIV Golf
LIV Golf Faces Financial Support Cut from Saudi Fund
LIV Golf is reportedly facing an existential crisis due to the potential withdrawal of financial support from Saudi Arabia's Public Investment Fund (PIF). Major foreign media, including the Financial Times and Telegraph, reported on April 16 (KST) that PIF might cease its funding, leading to urgent movements within LIV Golf management. The Financial Times, citing an anonymous source, stated that LIV Golf is expected to make an announcement regarding PIF's financial support as early as April 16, and a halt in funding could lead to the league's suspension.
Changing Investment Strategy Due to Geopolitical Shifts
The Financial Times analyzed that PIF, which initially invested aggressively in sports to expand its political, social, and cultural influence, is now changing its investment strategy due to recent geopolitical shifts, such as the conflict between the U.S. and Iran. While substantial funds have already been invested, making an effort to sustain LIV Golf, it is understood that indefinite support would be difficult if losses continue.
*Source: v.daum.net (2026-04-15)*
