{"id":724706,"date":"2026-06-09T07:45:15","date_gmt":"2026-06-09T07:45:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/724706\/"},"modified":"2026-06-09T07:45:15","modified_gmt":"2026-06-09T07:45:15","slug":"pif-could-end-liv-golf-funding-before-end-of-season-report","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/724706\/","title":{"rendered":"PIF could end LIV Golf funding before end of season: Report"},"content":{"rendered":"<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">NEW YORK \u2013 Jon Rahm and Legion XIII might not have a chance to defend their LIV Golf League titles in August.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">With four tournaments remaining in the 2026 season, LIV could call the season off over a lack of funding, according to Front Office Sports.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\"><a href=\"https:\/\/www.straitstimes.com\/sport\/golf\/was-liv-golf-an-expensive-failure-for-saudis-not-everyone-thinks-so?ref=inline-article\" rel=\"noopener nofollow\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\">Saudi Arabia\u2019s Public Investment Fund<\/a>, the money behind LIV and its big player contracts and tournament paydays, announced in April that it would bankroll LIV only through the 2026 season. It has put an estimated US$6 billion (S$7.71 million) towards LIV so far.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">But after Tyrrell Hatton won LIV Golf Andalucia on June 7, LIV is going on a 47-day break to accommodate the US Open and the British Open, and the league could look different \u2013 or not return \u2013 after that break, per Front Office Sports.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">\u201cEvery remaining tournament is on the fence,\u201d an executive with one of LIV\u2019s partners told the outlet.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">\u201cI truly don\u2019t think anyone knows,\u201d the executive continued. \u201cLIV Golf doesn\u2019t know if or when the PIF will shut off the spigot.\u201d<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">The scheduled events are LIV Golf United Kingdom, July 23 to 26 at JCB Golf &amp; Country Club in Rocester, England; LIV Golf New York, Aug 6 to 9 at Trump National Golf Club in Bedminster, New Jersey; LIV Golf Indianapolis, Aug 20 to 23 at The Club at Chatham Hills in Westfield, Indiana (individual championship); and LIV Golf Michigan, Aug 27 to 30 at The Cardinal at Saint John\u2019s in Plymouth, Michigan (team championship).<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">LIV New Orleans, scheduled for July, already has been cancelled.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Front Office Sports speculated that the LIV Golf New York event in early August likely is safe to be played at Trump National Golf Club Bedminster because of President Donald Trump\u2019s favourable relationship with Saudi Arabia.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">There is not the same level of confidence for the other two US tournaments.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">\u201cI don\u2019t think they\u2019ll ever get to (the final event in) Michigan,\u201d Front Office Sports reported, citing \u201ca prominent person in the golf industry with professional ties to both LIV and PGA Tour players\u201d as saying.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">LIV is trying to hold on through 2026 and reboot in 2027 without Saudi involvement.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">\u201cWe continue to see strong momentum both on and off the course,\u201d LIV chief executive officer Scott O\u2019Neil said in a statement to Front Office Sports. \u201cWe\u2019ve begun sharing our business plan with prospective partners who recognise the opportunity in team golf on a global scale.\u201d<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">LIV is making pitches to potential investors and partnering with an investment banking adviser. It also is pinching pennies, where possible, and designing a plan to lower event purses.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Meanwhile, one of the top young prospects in golf is heading to his first Major championship at 17 years old.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Miles Russell played his way into the US Open when he emerged from a play-off that decided the last two spots at one of the USGA\u2019s 10 final qualifying sites on June 8 in Palm Beach Gardens, Florida.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Russell and another amateur, Ryder Cowan, outlasted Tyler Collet in a 3-for-2 play-off after the trio tied for third at BallenIsles Country Club\u2019s East Course. Another amateur, Giuseppe Puebla, tied Canada\u2019s Ben Silverman for medallist honours at seven-under 137 through 36 holes, and Russell, Cowan and Collet were at six-under 138.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Russell, who is No. 1 in the American Junior Golf Association rankings and No. 10 in the World Amateur Golf Ranking, is headed to Florida State this fall and he had a future teammate carrying his bag on June 8 \u2013 none other than Charlie Woods, the son of Tiger Woods.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">\u201cWe kept it so light,\u201d Russell said of the partnership, per the PGA Tour. \u201cIt is the first time I had a buddy on the bag, and I liked it.\u201d REUTERS<\/p>\n","protected":false},"excerpt":{"rendered":"NEW YORK \u2013 Jon Rahm and Legion XIII might not have a chance to defend their LIV Golf&hellip;\n","protected":false},"author":2,"featured_media":724707,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[566],"tags":[64,63,755,85],"class_list":["post-724706","post","type-post","status-publish","format-standard","has-post-thumbnail","category-golf","tag-au","tag-australia","tag-golf","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/724706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=724706"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/724706\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/724707"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=724706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=724706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=724706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}