LIV Golf is expected to announce new board members and its intention to seek new investors after Saudi Arabia’s Public Investment Fund plans to end funding [1].

This shift represents a critical turning point for the professional golf league, which has relied on the massive financial backing of the Saudi state to attract top global talent and disrupt the traditional golf ecosystem.

The Public Investment Fund, led by Yasir Al-Rumayyan, intends to discontinue its financial backing after the 2026 season [3]. However, some reports suggest a more immediate timeline, with funding potentially being pulled as soon as Thursday [4].

To address the capital gap, the league is holding an emergency meeting in New York [4]. A LIV Golf spokesperson said the league will announce new board members and a strategic plan amid funding issues [2].

"We are exploring new investment opportunities to ensure the league's future," the spokesperson said [2].

The move to find new capital comes as the league faces the reality of operating without the sovereign wealth fund's resources. The transition involves a restructuring of leadership to oversee the search for private or institutional investors who can sustain the league's operational costs, and player contracts.

While the PIF's exit marks the end of an era of unprecedented spending, the league's ability to survive depends on whether it can prove its commercial viability to new backers without the direct support of the Saudi state [3].

“LIV Golf is expected to announce new board members and its intention to seek new investors.”

The withdrawal of the Public Investment Fund signals a transition from a state-funded disruptive project to a commercial entity that must prove it can generate its own revenue. If LIV Golf fails to secure new investors quickly, it may lack the liquidity to maintain the high guaranteed contracts that lured players away from the PGA Tour, potentially leading to a talent exodus or a forced merger.