The Financial Times claim that the Saudi Public Investment Fund (PIF) is on the verge of cutting its financial support for LIV Golf. This potential withdrawal of funding poses a terminal threat to the circuit’s future, as the PIF has already invested over £4billion into the breakaway series since its inception.
Top executives were reportedly summoned to a high-stakes emergency meeting in Manhattan this week. The sudden meeting in New York left the tournament site in Mexico City notably devoid of leadership, fueling intense speculation that a “seismic” announcement regarding the league’s survival is imminent.
The media centre at the Club de Golf Chapultepec was unprecedentedly closed on Tuesday, marking the first such occurrence in the league’s history. While officials cited technical issues and power board failures for the disruption, the timing has led many to believe it was a deliberate move to avoid scrutiny.
LIV Golf has officially denied rumours of a collapse, insisting that its leadership team is on-site in Mexico, preparing for the upcoming event. Despite these claims of “business as usual,” the league has notably declined to comment on the specific reports regarding a total shutdown or withdrawal of funding.
Spanish star Sergio Garcia addressed the swirling rumours during a press conference. He said: “Honestly, we aren’t going to listen to anything except for what Yasir [Al-Rumayyan, LIV Golf chairman] told us as the start of the year, that he is behind us, that they have a project for many years.”
The league’s stability has been further rocked by the defection of top stars back to the PGA Tour for the 2026 season. High-profile departures, including Brooks Koepka and Patrick Reed, have weakened the league’s roster and raised serious questions about its long-term viability as a premier global golf competitor.
Economic factors, including the strains of regional conflict, are believed to be influencing the PIF’s reconsidered investment strategy. Reports suggest that the rising costs associated with the United States-Iran war have forced Saudi Arabia to re-evaluate non-essential expenditures, placing the expensive golf league on the chopping block.
The golfing world remains on high alert for a bombshell announcement this week, coinciding with the first round in Mexico. With social media and financial reports suggesting an imminent end, players and fans are awaiting a final verdict on whether the league will fold or merge with another.