Trump weighs in on future of LIV, PGA after Saudis cut funding
Key Points:
- Saudi Arabia's Public Investment Fund (PIF) announced it will only fund LIV Golf through the end of the 2026 season, citing changes in investment priorities and macroeconomic conditions.
- LIV Golf is seeking new financial partners and has postponed its June tournament in New Orleans, signaling uncertainty about its long-term future.
- Former President Donald Trump expressed optimism about golfers returning to the PGA Tour, emphasizing the value of having top players compete together rather than in separate leagues.
- LIV Golf, launched in 2022 with over $6 billion in planned investment from PIF, has produced two major winners but is now shifting strategies, including moving from a 54-hole to a 72-hole format.
- Several high-profile players who joined LIV Golf, such as Brooks Koepka and Patrick Reed, have rejoined or plan to rejoin the PGA Tour amid the league's financial uncertainties.