LIV Golf in Crisis as PIF Considers Cutting Funding After $5B+ Loss

Saudi Arabia’s Public Investment Fund (PIF) is considering ending its funding of LIV Golf, but nothing has been decided, according to someone familiar with the sovereign wealth fund’s current thinking. PIF has spent more than $5 billion in an attempt to establish a challenger to the PGA Tour. Without PIF’s backing, LIV would be severely […]