LIV Golf Suspended Amid Saudi Funding Cutoff

The Saudi-backed LIV Golf league has been suspended indefinitely after its main financial backer, the Saudi Sovereign Wealth Fund (PIF), stopped providing funding. The PIF invested over $5 billion since the league's inception in 2022 but became frustrated with the lack of economic return, low television audiences—particularly in the US market—and limited sporting impact. cricket-ipl.in

Without continued funding from its primary benefactor, the league faces an uncertain future. Unless another major investor steps in to save the project, which has proven unprofitable despite unlimited financing, LIV Golf may cease operations entirely.