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business-losses

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Saudi Public Investment Fund to Cease LIV Golf Funding After 2026, Prompting Strategic ReviewB.alotaby / Wikimedia (CC BY-SA 4.0)
sports6 days agoUpdated

Saudi Public Investment Fund to Cease LIV Golf Funding After 2026, Prompting Strategic Review

Saudi Arabia's Public Investment Fund plans to cease financial backing for LIV Golf following the 2026 season, according to multiple reports. The league, which has received over $5 billion in funding, faces losses in the hundreds of millions annually. Players including Jon Rahm a…

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