PIF to fund LIV Golf only through remainder of 2026 season

Saudi Arabia’s Public Investment Fund (PIF) has decided to fund LIV Golf only through the remainder of the 2026 season, according to a statement shared with Al Arabiya English.“The substantial investment required by LIV Golf over a longer term is no longer consistent with the current phase of PIF’s investment strategy,” the fund said.For all the latest headlines follow our Google News channel online or via the app.“This decision has been made in light of PIF’s investment priorities and current macro dynamics,” it added.PIF said LIV Golf’s board has formed a committee of independent directors to evaluate strategic alternatives for the league’s future “beyond PIF’s funding horizon.”The fund said LIV Golf has contributed to the global growth of the sport through its “transformational and positive impact.”“It has forever changed the game of golf for the better. PIF remains committed to deploying capital internationally in line with its investment strategy, including its substantial current

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