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Questions Rise Over LIV Golf's Future Amid PIF Funding Rumours
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Questions Rise Over LIV Golf's Future Amid PIF Funding Rumours

Sergio Garcia, captain of the Fireballs, said before the opening round of LIV Mexico that players were told this year the tour was expected to run “for many years.” An internal message…

Sergio Garcia, captain of the Fireballs, said before the opening round of LIV Mexico that players were told this year the tour was expected to run “for many years.” An internal message from CEO Greg O’Neil, however, did not explicitly confirm continuation beyond the current season, even though players at the previous event were told funding was secured until at least 2032.

Industry figures say LIV’s long-term viability depends heavily on continued backing from the Saudi Public Investment Fund (PIF). A senior European golf source suggested LIV leadership may be exploring other revenue lines amid speculation about PIF’s commitment. Garcia rejected suggestions PIF would pull out as inconsistent with what PIF governor Yasir Al‑Rumayyan had told players earlier in the year, adding that “there are always rumours.” BBC Sport has asked LIV for comment; people familiar with LIV’s investments say the tour and its funding are expected to proceed as planned. PIF has not responded to requests for comment.

Financially, LIV has been loss‑making. Reports show net losses of $462m in its international markets outside the US in 2024, with cumulative losses exceeding $1.1bn since 2021. PIF’s overall

Daniel Osei

Writing on Golf

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