LIV seeks new investors after losing Saudi backing
LIV Golf wasted little time charting its next move after confirmation that Saudi financial support for the breakaway circuit will come to an end, unveiling a new board and opening the door to fresh long-term investors.
Reports earlier this week said Saudi Arabia's Public Investment Fund (PIF) would stop its backing — worth more than $1bn a year since 2022 — after the league's 2026 season.
Without naming PIF directly, LIV said on Thursday it was making a "transition from a foundational launch phase to a diversified,…