The Saudi sovereign wealth fund on Thursday confirmed it's withdrawing support for LIV Golf after the 2026 season.
Why it matters: The move places the tour's future in jeopardy four years after it was launched as a splashy, well-capitalized competitor to the PGA Tour.
The Saudi sovereign wealth fund is ending funding for LIV Golf after this season, according to multiple reports.
Why it matters: The Public Investment Fund's decision places the lucrative golf tour in serious jeopardy of dissolving four years after it launched as a well-capitalized competitor to the PGA Tour.