The LIV Golf league is on the verge of losing its significant financial support from Saudi Arabia, leaving over 50 prominent players uncertain about their future. According to a report from the Wall Street Journal, a new strategic direction is set to be announced soon as the search for new investors commences.
Saudi Arabia’s Public Investment Fund (PIF) is planning to withdraw its financial backing for the league after the current season concludes. LIV Golf chairman Yasir Al-Rumayyan is also expected to step down from his position.
Consequently, the fate of the tour hangs in the balance, impacting several top golfers. Bryson DeChambeau was one of the initial high-profile players to leave the PGA Tour for the appealing offer from LIV, with Phil Mickelson also joining the breakaway circuit.
Jon Rahm was eventually persuaded to switch to LIV as well, but now these three stars face an uncertain period in their professional careers.
Despite previous assurances from LIV Golf CEO Scott O’Neil that funding was secured until the end of the season, the recent developments contradict those claims. O’Neil stated, “It’s just the nature of business. We have commitments to ensure the tour’s sustainability.”
Mirror Sport provides a comprehensive list of golfers impacted by the funding withdrawal.
