“Saudi Arabia's Public Investment Fund (PIF) is cutting funding for the breakaway LIV Golf league after the 2026 season, a spokesperson from the fund told AFP on Thursday. The announcement came hours after LIV Golf, founded in 2021 as a rival to the PGA Tour, said it was seeking to secure "long-term financial partners". It has reportedly cost PIF over $5 billion so far to operate the series after signing many of the world's top players including Major winners Bryson DeChambeau and Spaniard Jon Rahm.
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