The LIV Golf league is on the brink of losing its significant financial support from Saudi Arabia, putting over 50 top players in a state of uncertainty. In response, the league has revamped its board and is actively seeking new financial backers for the long term.
Saudi Arabia’s Public Investment Fund (PIF) has disclosed its intention to withdraw funding from the league after the current season concludes. To navigate this transition, LIV Golf has put together an independent board, led by Gene Davis and Jon Zinman, to steer the league forward.
Yasir Al-Rumayyan, the current board chairman, is expected to step down from his position, adding to the uncertainty surrounding the future of the tour and its impact on numerous prominent golfers.
Notable players like Bryson DeChambeau and Phil Mickelson were among the first to leave the PGA Tour for the appealing offers of LIV Golf. Jon Rahm also made the switch, but now these stars are facing an uncertain phase in their professional careers.
Despite earlier assurances from LIV Golf CEO Scott O’Neil about securing funding until the season’s end, the withdrawal of Saudi backing has cast doubts on the league’s financial stability. O’Neil emphasized the need for proactive business planning to sustain the league beyond the current season.
Mirror Sport presents a comprehensive list of golfers affected by the funding cut.