LIV Golf secures new lead investor after Saudi PIF funding withdrawal

4 sources2 min read • Latest: Aug 5, 2026, 5:46 PM

Last updated Aug 5, 2026

LIV Golf secures new lead investor after Saudi PIF funding withdrawal
Summary

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.

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Status Watch
  • 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.
Latest Updates
  • 10:48 PMYahoo SportsLIV Golf agrees deal with new 'lead investor' as Saudi funding ends
  • 5:46 PMYahoo SportsLIV Golf secures unnamed lead investor for 2027
  • 5:36 PMBBC SportLIV Golf secures unnamed lead investor for 2027
  • 5:06 PMYahoo SportsLIV Golf secures ‘lead’ investor for player-driven future after Saudi exit
What they're saying
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LIV Golf has announced it has reached an agreement with a new "lead investor," with Saudi Arabia ending its financial backing of the breakaway circuit at the end of the 2026 season. The news comes after Saudi Arabia's Public Investment Fund (PIF) announced on April 30 that it would withdraw funding, which brought the future of the tour into doubt.

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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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After the withdrawal of Saudi Arabian financial backing earlier this year, LIV Golf says it has secured a deal with an unnamed lead investor to continue next season.

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