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PIF changes funding strategy for LIV Golf amid financial concerns

Yahoo Sports • 1 min read • Latest: Jun 8, 2026, 5:00 PM

Last updated Jun 8, 2026

PIF changes funding strategy for LIV Golf amid financial concerns

Summary

The Saudi Public Investment Fund (PIF) may be reconsidering its financial support for LIV Golf, raising uncertainty ahead of the upcoming events. Tyrrell Hatton recently won at LIV Golf Andalucia, overcoming teammate Jon Rahm. PIF previously stated it would withdraw funding at the end of the 2026 season but reports suggest the funding may be cut sooner. LIV Golf is now seeking up to $350 million to maintain operations, with potential changes to its schedule and structure if additional funding is secured. One option under consideration is filing for Chapter 11 bankruptcy to enable restructuring in the U.S.

Source Links

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By the Numbers

•Tyrrell Hatton wins at LIV Golf Andalucia, defeating Jon Rahm.
•PIF may cease funding earlier than planned, affecting future events.
•LIV Golf seeks $350 million to continue operations.
•Chapter 11 bankruptcy is a possibility for restructuring.
•Future schedules may be reduced from 14 to 10 events.

Latest Updates

5:00 PMYahoo Sports — PIF perform yet another major U-turn on LIV Golf funding

What they're saying

"
The Saudi Public Investment Fund may have altered their approach towards pulling their financial support for LIV Golf. Tyrrell Hatton pipped Legion XII teammate Jon Rahm, one of the superstars recruited by PIF on a $300m contract to promote their breakaway league, in LIV Golf Andalucia at Real Club Valderrama on Sunday.
— Yahoo Sports

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