“Saudi Arabia's sovereign wealth fund will stop financing LIV Golf at the end of the 2026 season, throwing the future of the breakaway tour into serious doubt, US media reported Wednesday. LIV Golf, founded in 2022 as a main rival to the PGA Tour, plans to inform staff and players on Thursday that the Saudi Public Investment Fund will no longer bankroll the circuit beyond this summer, the Wall Street Journal said.
Original story
Continue reading at Al-Monitor
www.al-monitor.com
Summary generated from the RSS feed of Al-Monitor. All article rights belong to the original publisher. Click through to read the full piece on www.al-monitor.com.