...would end its funding for the upstart league."

The writing had been on the wall for nearly a month. When PIF recently laid out its vision for the next five years, it made no mention of the league that has divided the golf world since it first teed off in 2022. The people said that while LIV has grown the sport globally, the operation was no longer consistent with the new phase of PIF’s investment strategy.

Even as LIV seeks outside investors to keep it afloat, it will be nearly impossible for it to exist bearing any resemblance to its current form after the Saudis lost billions on the endeavor.