Saudi Arabia’s Public Investment Fund is in the news over LIV Golf funding and big-media/tech bids. PIF governs Saudi wealth, huge holdings, and mega-projects.
LIV Golf has faced widespread rumors that Saudi Arabia's Public Investment Fund (PIF) is ending its financial support, threatening the league's future beyond 2026. Despite CEO Scott O'Neil's assurances that the 2026 season will continue uninterrupted, the league has experienced operational challenges and player uncertainty as it begins its Mexico City tournament.
Liverpool's Mo Salah has been ruled out of the final weeks of the club season due to a hamstring tear, with officials confirming he will be fit for Egypt's World Cup group stage. Jurgen Klopp’s side are pushing for a Champions League place as they navigate his absence.
The PGA Tour and DP World Tour are listening to players seeking to shift circuits, while LIV Golf faces financial turmoil and a potential wind-down. Returning pathways for ex-LIV members are under debate, with DP World Tour and PGA Tour weighing new eligibility rules amid antitrust scrutiny and ongoing restructuring efforts.
LIV Golf has announced a transition plan away from Saudi funding after the PIF ends its backing at the close of the 2026 season. A new independent board is leading a move to secure long‑term capital through diversified partners, while the tour maintains its schedule amid ongoing discussions with potential investors.
Saudi Arabia's Public Investment Fund has expanded its football footprint, tying further commercial partnerships to FIFA as it suspends LIV Golf funding. The move accompanies plans for global events and fan-engagement initiatives ahead of 2034 World Cup hosting.