Overview
- Major outlets reported Wednesday that Saudi Arabia’s Public Investment Fund is considering cutting or ending support for LIV Golf, with the Financial Times saying an announcement could come as soon as Thursday.
- LIV executives were called to an emergency meeting in New York, The Telegraph reported, as Mexico City pre‑tournament signs included a closed media center and scrapped press conferences even as players said they had not been briefed on any change.
- CEO Scott O’Neil told staff in an email that the season continues “exactly as planned” and the league’s account posted “We are ON,” with tee times published for the Mexico City event set to start Thursday.
- The Athletic reported senior leaders were told after the Masters they might lose their jobs, and Golf Digest said LIV has explored new financing, while analysts note a PIF exit would not shut the league overnight but would leave operations and player careers in jeopardy.
- Context from multiple reports points to more than $5 billion already invested, heavy losses, weak media and sponsor traction, and a new PIF strategy that shifts spending toward domestic priorities as regional conflict pressures Saudi finances and energy exports.