For four years, LIV Golf has operated with a financial cushion that no other sports league on the planet could ever match. Saudi Arabia’s Public Investment Fund, commonly referred to as the PIF, poured billions of dollars into the project, covering major signings, purses and losses that would have sunk any other conventional business multiple times over.

However, in April, the PIF confirmed plans to withdraw funding once the 2026 season came to an end, stating that the scale of investment required no longer suited its strategy. The announcement pushed LIV into a race against time, and its effects were immediate, wit