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How the $5bn Saudi bet on LIV Golf unravelled

Financial Times · May 2, 2026, 4:00 AM · Also reported by 4 other sources

Upstart league unable to build a sustainable business so it could wean itself off a total reliance on the PIF’s wealth

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CNBC Saudi Arabia's PIF to end funding of LIV Golf league after this season DW English Saudi Arabia's public fund to withdraw LIV Golf funding Al Jazeera Saudi Arabia to end LIV Golf funding, while league appoints new chairman BBC Sport Saudi Arabia to stop funding LIV Golf next season

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How the $5bn Saudi bet on LIV Golf unravelled

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