The future of LIV Golf is in question following reports that the Saudi Public Investment Fund (PIF) has decided to stop funding the upstart golf league. According to golf writer Alan Shipnuck, a representative for PIF Governor Yasir Al-Rumayyan reportedly informed LIV Golf CEO Scott O’Neil that funding would be withdrawn, with the message being "Shut it down. You're not getting another dollar."
The call, which allegedly occurred the week the PIF announced a new five-year plan that did not include funding for LIV Golf, has intensified speculation about the league's viability after its final event of the 2026 season. Shipnuck reported that Al-Rumayyan had not directly communicated with O’Neil for over two months prior to this.
Earlier this month, O’Neil stated during a LIV event that the league had secured new funding, reportedly through a signed term sheet with BC Capital. However, few details about this potential new financial backing have been released.
Players on the LIV tour have expressed varied levels of commitment to remaining with the league. Meanwhile, PGA Tour CEO Brian Rolapp indicated on Tuesday that the PGA Tour currently has no plans for a "Returning Member Program" similar to one implemented earlier in the year, which allowed Brooks Koepka to rejoin the PGA Tour after leaving LIV Golf.
Rolapp stated that while the PGA Tour is not ruling out LIV players returning, any such move would require players to be free of their contracts and any residual obligations with LIV Golf. "We've been consistent," Rolapp said. "Anyone who’s interested in coming to the PGA Tour needs to demonstrate that they are relieved of their contractual commitments or any tail obligations they might have in that legacy model."