LIV Golf Suspended After Saudi Funding Stops

LIV Golf, the controversial Saudi-funded golf league that divided the sport, has been suspended indefinitely after its main financial backer, the Public Investment Fund (PIF), cut off funding. The PIF, which invested over $5 billion since the league's inception in 2022, cited poor returns, low television audiences (especially in the US market), and insufficient sporting impact as reasons for ending its financial support.

The suspension came immediately after the Indianapolis tournament, where American Michael La Sasso (-18) defeated Jon Rahm (-17) in what may prove to be the final LIV event. Without its unlimited funding source, the league faces an uncertain future, requiring a new investor to save it from potential collapse. newsindata.com