LIV Golf's 2026 season is on track, backed by Saudi Arabia's Public Investment Fund (PIF), according to sources close to the matter. This assurance comes amid reports suggesting the golf circuit faced potential funding withdrawal.
Sources familiar with PIF's investment and LIV operations state that funding will continue, allowing the remaining nine events of the 14-event schedule to proceed as planned. These statements directly challenge recent reports from The Daily Telegraph and the Financial Times that indicated LIV Golf executives were summoned for an emergency meeting and that the PIF was considering cutting its support.
Sergio Garcia, a LIV Golf player, addressed the rumors in Mexico, stating, "No, honestly, we haven’t heard anything other than what Yasir [Al-Rumayyan, LIV Golf Chairman] told us at the beginning of the year - that he’s behind us, that they have a long-term project."
LIV Golf, launched in 2022, is funded by the Saudi PIF. The circuit has attracted prominent golfers through lucrative contracts. While a framework agreement was announced in June 2023 between LIV, the PGA Tour, and the DP World Tour to unify commercial operations, a definitive agreement has faced delays. The PIF's involvement has drawn scrutiny regarding Saudi Arabia's human rights record.
Despite recent departures of notable players like Brooks Koepka and Patrick Reed, LIV Golf events have drawn significant crowds. LIV Golf Adelaide set a record for the highest attendance in Australian golf history, and a tournament in South Africa also saw record-breaking fan numbers.