The future of LIV Golf has been thrown in doubt after a report that Saudi Arabia‘s Public Investment Fund (PIF) will stop financing the tour.
According to the BBC, the multi-billion dollar backing will be withdrawn at the end of current season, potentially posing issues for the likes of Fox Sports, which broadcasts and streams it in U.S., and TNT Sports in Europe.
PIF will announce a “new strategic” plan in a bid to find new financiers for the golf tour, which features the likes of Jon Rahm, Phil Mickelson and Bryson DeChambeau. BBC Sport was told the series is “totally up for sale,” while separate reports suggest LIV Golf co-founder Yasir Al-Rumayyan is set to stop down from the board. New board members are being sought.
LIV Golf has postponed its New Orleans event in June, though tournaments are planned for South Korea, Spain and the
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