LIV Golf secures only $200 million of needed $600 million in funding

LIV Golf is reportedly facing financial difficulties as Saudi Arabia’s Public Investment Fund (PIF) has only delivered $200 million of the $600 million necessary to fund its remaining events in the season. The league still needs significant support with just four tournaments left on its schedule, the first set for July 23-26 in the UK. LIV Golf CEO Scott O’Neil is actively seeking additional investors, asserting that the lack of new backing could limit PIF's willingness to commit further funds. Recent reports suggest that upcoming tournaments are uncertain, with one postponed event lacking a rescheduled date. LIV Golf's streaming services have also been reduced to cut costs.

• 6:25 PMYahoo Sports — Report: Saudi Arabia’s PIF only funding a third of what LIV Golf needs to get through end of year