LIV Golf secures new lead investor after Saudi PIF funding withdrawal
2 sources • 1 min read • Latest: Aug 5, 2026, 5:06 PM
Last updated Aug 5, 2026
LIV Golf has reached an agreement with a new unnamed lead investor following the announcement in April that Saudi Arabia's Public Investment Fund (PIF) will end its funding by the end of 2026. The deal is expected to be finalized this month and aims to create a multi-partner model for the league's future. LIV Golf's CEO Scott O'Neil stated that players will hold a majority equity stake in the league as the season will feature around 10 team events and five global Team Majors. The restructuring follows uncertainty regarding the league's financial future after the PIF's withdrawal.
- •LIV Golf's funding will transition to a new investor this August.
- •Players will own a majority equity stake in the league.
- •The season will include 10 team events and five global Team Majors.
- •The deal comes after the PIF announced funding would end in 2026.
- •LIV Golf is restructuring its financial model for long-term support.
- 5:06 PMYahoo Sports — LIV Golf secures ‘lead’ investor for player-driven future after Saudi exit
"LIV Golf has reached an agreement with a new unnamed investor after Saudi Arabia's Public Investment Fund (PIF) announced in April it was ending funding to the breakaway league at the end of 2026.
"An agreement with an unnamed investor is approved by the LIV Golf board to replace Saudi Arabia deal.
Sources
External links- Yahoo SportsAug 5, 2026, 5:06 PMLIV Golf secures ‘lead’ investor for player-driven future after Saudi exit
An agreement with an unnamed investor is approved by the LIV Golf board to replace Saudi Arabia deal.
- Sky Sports—LIV Golf reaches agreement with new 'lead investor'
LIV Golf has reached an agreement with a new unnamed investor after Saudi Arabia's Public Investment Fund (PIF) announced in April it was ending funding to the breakaway league at the end of 2026.
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