Sports
May 01, 2026
Saudi Arabia's Withdrawal from LIV Golf: What's Next for the Tour and Its Players?
Saudi Arabia's Public Investment Fund (PIF) will cease funding the LIV Golf tour, raising questions…
The End of LIV Golf as We Know It
Confirmation that Saudi Arabia's Public Investment Fund will cease funding the LIV Golf tour will have huge ramifications for the future of the tour itself, the players, and across golf's traditional heartlands. Where does PIF's withdrawal leave them all?
Will 2026 be LIV Golf's Final Year?
Certainly in its present form, as a 14-event entity worth $30m per tournament. LIV was entirely reliant on Saudi Arabian money, to the tune of more than $5bn since 2021. The cash burn rate, albeit slowed down recently, has always been unsustainable.
It is feasible that Scott O'Neil, LIV's chief executive, will find backers for the business at a level which means it can be prolonged in some way. He has already attracted marquee sponsors and overseen significant revenue growth.
The Impact on Players
Quite the range. There are marquee names: Bryson DeChambeau, Jon Rahm, Cameron Smith, Tyrrell Hatton, Lee Westwood, Dustin Johnson, Ian Poulter and Phil Mickelson among them. There are younger, emerging talents such as José Luis Ballester. Anthony Kim's return from oblivion has been a fascinating tale.
What Are Their Options?
There is a misconception that LIV golfers will automatically want to beat a path back to the PGA Tour. Some have lingering, ongoing problems with the nature or the style of PGA Tour life. Many have also dedicated a lot of effort and time into making LIV team franchises work.
Will the PGA Tour Be Sympathetic?
Yes and no. The PGA Tour can flex muscles and portray victory over the rebels if big names shuffle back to its domain. The PGA Tour is also now in a stronger negotiating position than ever in respect of what terms players may have to accept to return.
The DP World Tour's Position
The long-time theory that the former European Tour should form a business partnership with Saudi Arabia will end as the kingdom abruptly exits male elite golf. A deal with LIV? Not totally out of the question but very difficult to envisage given the strategic alliance that exists between the DP World and PGA Tours.
How Should Other Sports View PIF's Withdrawal?
With extreme caution. Saudi Arabia did not simply sponsor or assist the LIV Tour. Instead, the circuit was entirely reliant on Public Investment Fund backing. It is unclear to what extent the Iran war has triggered a change in approach from the PIF – it was possible sport was being marginalised anyway – but recent weeks have illustrated the danger of being so beholden to a regime answerable to no one.
#LIV Golf
#PGA Tour
#Saudi Arabia
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