sports

LIV Golf Suspended Due to Saudi Funding Cessation

LIV Golf, the Saudi-backed golf league, has been suspended indefinitely as the Public Investment Fund (PIF) has ceased funding after investing over $5 billion since 2022.

The revolutionary golf league that divided the sport faces an uncertain future after the Saudi PIF terminated financial backing due to poor returns, limited television audiences—especially in the crucial US market—and insufficient sporting impact. American Michael La Sasso won the final Indianapolis tournament at -18, ahead of Jon Rahm at -17. truewildslot.com

Without the unlimited funding that sustained the league since its 2022 inception, LIV Golf now requires a new investor to survive or it will likely disappear. The league's suspension marks a significant setback for the ambitious project that aimed to challenge traditional golf circuits.