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April 30 : Saudi Arabia's Public Investment Fund, which has spent more than $5 billion on LIV Golf since it launched in 2022, said on Thursday that investing in the league no longer fits with its investment strategy.
LIV Golf is seeking new long-term investors amid speculation Saudi Arabia is set to end its financial backing of the breakaway circuit.
RIYADH: Saudi Arabia’s Public Investment Fund said on Thursday that it would fund LIV Golf only through to the remainder of the 2026 season, according to a statement seen by Arab News.
PGA Tour announcer Doug Bell discusses reports that the Saudi Public Investment Fund will cease funding the LIV Golf league after the current season, jeopardizing its future. LIV Golf has incurred reported losses between $6 and $9 billion since its 2021 launch, surprising many agents and players. This significant financial shift underscores a broader reevaluation of investment priorities by Saudi Arabia.
April 30 : Uruguay midfielder Giorgian de Arrascaeta suffered a collarbone fracture during Flamengo's 1-1 draw at Estudiantes in the Copa Libertadores, raising concerns about his participation in this year's World Cup.
April 30 : LIV Golf moved quickly to establish a new direction on Thursday after confirmation that Saudi backing for the rebel circuit is set to end, announcing a new board and the search for new long-term financial partners.
With Saudi Arabia's Public Investment Fund pulling its funding after the 2026 season, the LIV Golf League has established a new independent board as it attempts to survive as a «diversified, multi-partner investment model,» the league announced Thursday.
Timnas Indonesia U-17 akan tampil di Piala Asia U-17 2026. Pelatih Kurniawan Dwi Yulianto telah menetapkan 23 pemain yang akan dibawa.